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Paraguay Independent Means Visa

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NTL Trust

Program Type:

Independent Means Visa

Processing Time:

3 months

Citizenship Timeline:

5 years

Permanent Residency Timeline:

2 years

Physical Presence Required:

None

Citizenship Visa-Free Access:

141 countries

Minimum Contribution:

None

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Paraguay Independent Means Visa IMI

Program Overview

Paraguay Independent Means Visa

Paraguay offers one of Latin-America’s easiest paths to residency. Simply by declaring an intent to establish oneself in the country and having the means to do so, applicants can obtain a 2-year temporary residence permit.

In year 2, the applicant is eligible for permanent residency.

After 3 years of holding Paraguayan PR, applicants are eligible for citizenship, provided they speak one of the national languages and demonstrate a cursory familiarity with the country’s civics.

Paraguay Independent Means Visa

How to Qualify

To qualify for Paraguay temporary residency as a person of independent means is very simple, and you will merely need to provide the following:

  • A signed declaration that you
    • a) intend to start a business or
    • b) practice a profession in Paraguay, or
    • c) that you have sufficient financial resources to maintain yourself in Paraguay.
  • The following documents (each document must be either certified by apostille or legalized by the Paraguayan consulate in the country of issue):
    • A birth certificate,
    • A marriage certificate (if applicable), and
    • Police records from your country of birth, as well as any country in which you have resided in the past ten years.
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Paraguay Independent Means Visa

Salient Benefits

  • No contribution requirement
  • Visa-free travel within MERCOSUR
  • Minimal physical presence requirements
  • Path to citizenship
  • Permits dual/multiple citizenship
  • Lower cost of living
  • Lower taxes
  • Warm climate
  • Enhanced business access to large economies
  • Short processing time

Paraguay Independent Means Visa

Citizenship Timeline and Requirements

The applicant must visit Paraguay to apply for the initial temporary residency, which has a two-year validity.

Immediately upon application, the applicant receives a “precarious residence card,” which allows him to remain in the country for the next 90 days (if desirable) while awaiting the processing of temporary residency application.

Typically issued within 90 days, the temporary residency is valid for two years, and also entitles the holder to obtain a Paraguayan cédula (national ID card), which can be used to, for example, open a bank account or get a local driver’s license.

Paraguay imposes no physical presence requirements at this stage.

Prior to the expiration of the 2-year temporary residence permit, the individual can apply for permanent residency.

To obtain PR, the applicant will need to show some substance in Paraguay. This may take the form of, for example, forming a company, maintaining bank accounts, buying real estate, or similar.

Once permanent residency is granted, the applicant receives a permanent residency ID card, valid for ten years, and renewable indefinitely.

After three years of being a permanent resident of Paraguay, individuals may apply for citizenship. To be approved for naturalization, the applicant must have spent at least six months each year in Paraguay during the preceding three years, speak Spanish or Guaraní, and demonstrate knowledge of the country’s political constitution.

Browse 195 countries’ paths to citizenship in the hyper-detailed IMI Citizenship Catalog.

Paraguay Independent Means Visa

Program Authority and Legal Basis

Applications for this program may be directed to the Directorate General of Migration.

Legislation upon which this program is based: Law No. 6984 on Migration.

Paraguay Independent Means Visa

IMI Pros Who Can Help You

Paraguay Independent Means Visa

Qualifying Real Estate

As noted in the program qualifications above, an investor can qualify for this program with a local property purchase above the minimum investment threshold. View eligible properties curated by IMI and our real estate partners:

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Paraguay Independent Means Visa

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Paraguay Independent Means Visa

Program Statistics

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