Paraguay: all programs

Paraguay at a glance

Paraguay is a landlocked country in the heart of South America between Brazil, Argentina and Bolivia, with a population of about 6.5 million. The capital is Asunción on the Paraguay River, the second city Ciudad del Este lies on the Brazilian border, and Encarnación is in the south. Two of the world's largest hydroelectric plants on the Paraná give the country cheap electricity, and the economy rests on soy, beef, trade and construction.

Paraguay attracts with one of the region's most accessible residence paths, low taxes - no more than 10% on income and profit - and taxation of local income only. The official languages are Spanish and Guaraní, and the currency is the guaraní.

History and government

Paraguay became independent from Spain in 1811. The 1864-1870 war against Brazil, Argentina and Uruguay cost the country most of its population, and in 1932-1935 Paraguay fought Bolivia over the Chaco region. General Stroessner ruled from 1954 to 1989, and after his overthrow Paraguay moved to democracy. Today it is a presidential republic and a member of the South American trade bloc Mercosur.

How to move in 2026

Russian citizens enter Paraguay visa-free: under a 2013 agreement they may stay 90 days in every 180. A temporary resident loses status after more than a year of unagreed absence, a permanent resident after more than 3 years. A child born in Paraguay is a citizen from birth, but the status does not pass to the parents. More on the pages Paraguay residence permit, Paraguay permanent residency, Paraguay citizenship and Paraguay citizenship by birth.

Taxes

Paraguay taxes income earned in the country, while foreign income is generally not taxed. Personal income tax is 8% to 10%, corporate tax 10%, VAT 10%, and 5% on some goods. You become a tax resident by staying in the country more than 120 days a year. More on the page Taxes in Paraguay.

Property

Foreigners buy apartments, houses and land on the same terms as citizens, with restrictions on rural land near the borders. A notary executes the deal and registers it in the public registry. Before buying, check the title, tax and utility debts, and for new builds the developer's permits and completion dates. Investing from $200,000 in income property can serve as a basis for permanent residence.

Cost of living

Prices come from two independent price databases for 2026, converted at the Central Bank of Paraguay rate of 5 October 2026, about 5,865 guaraníes per dollar. Electronics and cars are often cheaper than in neighbouring countries thanks to low duties, and power bills rise noticeably in summer because of air conditioning.

Where to live

• Asunción - the capital with Villa Morra, Las Carmelitas and Mburucuyá. More in the Asunción guide.
• Capital suburbs - Lambaré, Luque and San Lorenzo, where a house with a garden costs less than a central apartment.
• San Bernardino - a resort town on Lake Ypacaraí.
• Encarnación - a city on the Paraná with beaches, next to Argentina's Posadas.
• Ciudad del Este - a trading city on the Brazilian border near the Iguazú Falls.

Practicalities

• Climate. Subtropical: 35-40 degrees in summer, warm days and cool nights in winter, and homes rarely have heating.
• Language. Spanish and Guaraní; daily life is hard without Spanish.
• Healthcare. Good private clinics, and foreigners buy private insurance.
• Transport. A city for driving, ride-hailing taxis, direct flights to São Paulo, Buenos Aires, Panama and Madrid.
• Leisure. UNESCO-listed Jesuit missions, the Iguazú Falls and the wild Chaco.

Who Paraguay suits

Paraguay suits entrepreneurs and remote specialists who need low taxes and a clear residence path, investors ready to put in from $70,000 for immediate permanent residence, and families who want a calm, inexpensive life in South America with a passport in prospect. It is important to set up work, a business or tax registration from the start to document income after two years. Murblz specialists handle residence and permanent status, tax registration, bank accounts and property checks. A consultant in the chat will calculate the cost of support.