

Paraguay is quickly gaining popularity as a go-to destination for those looking for a backup plan in case of a global crisis or emergency. The country offers one of the last remaining no-show residencies in Latin America, which allows you to maintain residency in the country without having to live there. This is a significant advantage for those who want to remain in Western countries but have the option to leave in case of an emergency.
Paraguay's residency program is unique in that it offers a path to citizenship after 36 months of being a resident, something that is rare in Latin American countries. Although the process of obtaining citizenship can be expensive, it is a worthwhile investment for those looking to have a second passport.
Paraguay offers several advantages that make it an attractive option for those seeking a backup plan. The country has virtually unlimited sustainable energy from the Itaipu hydroelectric dam, making it self-sufficient in terms of energy. Energy is cheap in Paraguay, making it a hub for the Bitcoin mining industry. Additionally, the country is a major agricultural and livestock exporter, making it self-sufficient in terms of food.
The culture of Paraguay is also a major draw for those looking for a backup plan. The people of Paraguay are known for their friendliness and willingness to help strangers. They are proud of their country and love to show it off to visitors.
In conclusion, Paraguay offers several advantages that make it an excellent backup plan for those looking for a second residency. The country's no-show residency program and path to citizenship make it an attractive option, while its abundant energy and agricultural resources make it self-sufficient. The friendly culture of Paraguay is also a major draw for those seeking a welcoming and supportive community. As global crises continue to increase, the demand for second residencies and passports will also increase, so the time to consider a backup plan is now.