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Paraguay is a small country in the heart of South America, between Brazil, Bolivia, and Argentina. Fast processing на quick processing, soft tax conditions на favorable):Paraguay is a small country in the heart of South America, situated between Brazil, Bolivia, and Argentina. Not many people know this, but in Paraguay, you can obtain citizenship and residency through business investment. This is one of the most attractive investment citizenships in the world: quick processing, low investment threshold, and favorable tax conditions. Russian citizens can obtain Paraguayan citizenship as early as 2024.
Investors who open a company in Paraguay and plan to invest $70,000 or more in it are immediately granted permanent residence under the SUACE business residency program. This right is regulated by the Migration Law 6984/2022. The investor receives a Cédula card, a Paraguayan identity card, which can be used to open bank accounts, manage a company, and travel to Mercosur countries.
There are two ways for investors to obtain Paraguayan citizenship, which are described in Articles 148 and 151 of the Paraguayan Constitution.
Naturalization
This requires the foreigner to: be over 18 years of age, have lived in Paraguay for three years continuously, and have no criminal record.
Development of Paraguay
Honorary citizenship of Paraguay is granted to foreigners who have made a significant contribution to the development of Paraguay.
Discover the freedom to travel the world! With a Paraguayan passport, you can enter visa-free or with simplified entry to 146 countries, including Schengen countries, the UK, Canada, Singapore, and Japan. Paraguay has signed a trade treaty with the U.S., so citizens can obtain an E-2 business immigration visa. Tourists apply for a B1/B2 visa to the US for 10 years. Also, with Paraguayan citizenship, you will have access to Caribbean investment programs.