General program requirements

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. 

Program 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

Requirements to qualify for citizenship

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.

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

See more statistics on this program, and dozens of others, in the IMI Data Center.