Residence Permit and Permanent Residence Paraguay

How to get a residence permit and a permanent residence permit for Paraguay in 2024?

Paraguay is a unique country. Anyone who gets to this warm country can get a residence permit for 1-2 years, you don't have to come up with reasons why you want to live here. Paraguay welcomes everyone! Russians can come to Paraguay without a visa and within 90 days to apply for a residence permit without special grounds, such as employment, study or marriage to a citizen. The main difficulty that may arise is the language barrier. In the migration services, as in all other places, only Spanish is spoken. Therefore, if you are not fluent in this language and value your time, we advise you to seek assistance in this process.

Entrepreneurs and businessmen who want to open a company in Paraguay and take advantage of the lenient tax regime can immediately obtain a Paraguayan Permanent Residence. To do this, they invest in a Paraguayan business and obtain a cédula(internal passport) in 1 month.

At the same time as the investor, his or her close relatives: wife or husband, children, parents, siblings can obtain a residence permit.

Permanent residence permit is granted for 10 years, after 2 years you can apply for citizenship. Investors in projects important for the economy are granted citizenship on an accelerated basis.

Residence permit processing time: 1 month

Benefits of Paraguayan residency:

• Low taxes: 10% income tax, zero taxes on foreign income, capital gains and property.
• Affordable cost of living. A family of four will need an average of $2,000 per month. Paraguay is a great alternate airfield.
• Foreigners with permanent residence (cédula) can enter the country even if the borders are closed (as in covid).
• A resident of Paraguay can work, run a business, open bank accounts.

Required documents:

• Certificate of no criminal record + apostille.
• New type of birth certificate + apostille.
• A new type of birth certificate + apostille.
• Colour scans of internal passport and foreign passport (all pages).
• Colour photograph.