Residency in Paraguay and Uruguay: Quick and Affordable Shelters in a Storm
NTL Trust details the residency programs of Uruguay and Paraguay, two countries that epitomize the concept of a Plan B for turbulent times.
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.
Program page sponsor
Program Type | Golden Visa |
Time to citizenship | 3 years |
Time to permanent residency | Immediately upon approval |
Minimum investment | US$70,000 over ten years |
Physical presence requirement | None for permanent residency |
Application processing time | 1-6 months |
Citizenship grants visa-free travel to | 141 destinations, including Schengen countries |
Contribution types available | Business Investment |
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
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.
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
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NTL Trust details the residency programs of Uruguay and Paraguay, two countries that epitomize the concept of a Plan B for turbulent times.
One of the world’s lowest-cost paths to immediate permanent residency is cut off by a modernization of Paraguay’s migration law.
The landlocked Mercosur member state’s $70,000 residence by investment program is more popular than you may think, especially within Latin-America.
Programs that offer citizenship within months in exchange for investments or donations, with minor/no physical presence requirements.
Programs that offer citizenship in exchange for investments following a 1-2 year period, with minor/no physical presence requirements.
Bulgaria Investor Program (discontinued)
Malta MEIN
Programs that offer residence permits within months in exchange for passive investments, with limited physical presence requirements.
Andorra Residence Without Lucrative Activity
Anguilla Permanent Residency Program
Australia BIIP Investor Streams
Bahamas Economic Permanent Residence
Barbados SERP Program
Bermuda Economic Investment Certificate (EIC) Program
Brazil Investor Visa (VIPER)
Cambodia My 2nd Home
Cayman Islands Investor Visa
Colombia Investor Visas M and R
Costa Rica Investor Visa
Curaçao Investor Permit Program
Cyprus Golden Visa
Georgia Investor Visas
Greece Golden Visa
Guernsey Investor & Entrepreneur Residency
Ireland Immigrant Investor Program (discontinued)
Italy Investor Visa
Latvia Investor Visa
Luxembourg Investor Visa
Malaysia M2H Visa
Malta Permanent Residence Program
Mauritius Permanent Residency Program
Monaco Carte de Séjour
Netherlands Investor Visa
New Zealand Investor Visa
Nicaragua Investor Permanent Residency Program
Panama Qualified Investor Visa
Philippines Special Investor Residence Permit
Portugal Golden Visa
Russia Investor Visa
South Korea Investor Visa
Spain Golden Visa
Taiwan Golden Visa (APRC Plum Blossom Card)
Thailand Elite Residence Program
UAE Golden Visa
UK Investor Visa (discontinued)
United States EB-5
Programs that offer residence permits within months to those who can demonstrate income or personal wealth above a certain level, usually requiring that the holder not take up employment locally.
Argentina Rentista and Pensionado Residency
Austria Independent Means Visa
Barbados Welcome Stamp
Gibraltar Category 2 HNWI Residence
Greece FIP Visa
Indonesia Retirement Visa (KITAS)
Ireland Independent Means (Stamp 0)
Italy Elective Residency Visa
Jersey High Value Residency
Mexico Legal Residency Visa
Nicaragua Pensionado and Rentista Visas
Panama Rentista Retirado Visa
Paraguay Permanent Residency Program
Portugal D7 Visa
Spain Non-Lucrative Visa
Uruguay Independent Means Visa
Programs that offer residence permits within months to those who physically relocate to start and/or run a business. Startup and entrepreneur visas fall under this category.
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