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Paraguay Investor Permanent Residency Program (SUACE)
Program Type:
Residence by Investment
Processing Time:
1-6 months
Citizenship Timeline:
3 years
Permanent Residency Timeline:
Upon approval
Physical Presence Required:
None
Citizenship Visa-Free Access:
141 countries
Minimum Contribution:
US$70,000 over 10 years
Contribution Options:
Business Investment
On This Page
Program Overview
Paraguay Investor Permanent Residency Program (SUACE)
Paraguay offers one of the world’s cheapest and easiest paths to permanent residency. To qualify, an individual must establish a company in Paraguay with a nominal minimum capital of US$70,000. This amount, however, may be invested over a ten-year period.
Upon initial approval, the applicant travels to Paraguay to establish the company and apply for permanent residency, which is typically approved within 45 days.
Following three years of permanent residency in Paraguay, applicants can qualify for naturalization as long as they speak one of the country’s two official languages and have memorized the national anthem.
Paraguay Investor Permanent Residency Program (SUACE)
How to Qualify
To qualify for permanent residency in Paraguay, applicants need to submit the requisite documentation, travel to Paraguay, and establish a company through an appointed representative to the SUACE office.
Applicants have ten years to invest US$70,000. In practice, however, full investment may not be necessary, particularly if the applicant has already received citizenship.
Documents required include:
- Passport
- Clean Police Record
- Birth certificate
- Certificate of marriage or divorce
- Medical certificate (must be issued in Paraguay)
- Document issued by the National Police, Identifications Department of Paraguay
Additional application, company formation, and registration fees amounting to some US$14,000 also apply.
Paraguay Investor Permanent Residency Program (SUACE)
Salient Benefits
- 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 Investor Permanent Residency Program (SUACE)
Citizenship Timeline and Requirements
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 be able to write down from memory the lyrics of the national anthem.
Browse 195 countries’ paths to citizenship in the hyper-detailed IMI Citizenship Catalog.
Paraguay Investor Permanent Residency Program (SUACE)
Program Authority and Legal Basis
Applications for this program may be directed to Directorate General of Migration.
Legislation upon which this program is based: Law 978/96 and its regulatory decrees decree no. 18.295/97, decree no. 11.026/00, decree no. 1.726/09, by law 3.582/08 and by law 2.406/04.
Paraguay Investor Permanent Residency Program (SUACE)
IMI Pros Who Can Help You
Paraguay Investor Permanent Residency Program (SUACE)
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Paraguay Investor Permanent Residency Program (SUACE)
Program Statistics
See more statistics on this program and others in the IMI Data Center.