Living in Paraguay: Relocation, Residency & Real Estate
Everything Vamos Overseas covers for Paraguay — residency and citizenship options, property, business and day-to-day life — in one place.
Residence Overview
Paraguay's permanent residency program is one of the simplest, fastest, and most affordable in the world — making it a favorite among location-independent entrepreneurs and investors seeking a second residency.
EnquiryMinimum Investment
From USD 70,000
Processing Time
3-6 months for permanent residency; 3 years to citizenship
Residency Programs
Permanent Residency (Standard)
USD 5,000 (bank deposit)
Bank deposit of ~USD 5,000 and basic documentation. Grants permanent residency from day one.
Investment-Based Residency
USD 70,000
Real estate or business investment of USD 70,000+ for a stronger application profile.
Residence Benefits
- Immediate permanent residency
- No minimum stay requirements
- Extremely affordable process
- Fast processing (3-6 months)
- Access to Mercosur countries
- Flat 10% tax, no tax on foreign income
- Path to citizenship after 3 years
Path to Citizenship in Paraguay
After 3 years of legal permanent residency, applicants can apply for Paraguayan citizenship through the courts. Minimal physical presence is required. Dual citizenship is fully allowed.
Citizenship Benefits
- Visa-free access to ~145 destinations (including Schengen)
- Citizenship eligible after only 3 years of residency
- Full dual citizenship — no renunciation required
- One of the most affordable programs in the world
- No minimum stay requirements to maintain residency
- Flat 10% income tax, no tax on foreign income
- Fast processing — permanent residency in 3-6 months
- Mercosur membership — right to live in Brazil, Argentina, Uruguay
Requirements
- Valid passport
- Criminal background check (apostilled and translated)
- Birth certificate (apostilled and translated)
- Bank deposit of ~USD 5,000 in a Paraguayan bank
- Health certificate
- Proof of address in Paraguay
- Passport photos
- Interpol clearance