Investment — Latin America

🇵🇾Paraguay

Permanent Residency

Cheapest Latin American PR with a fast 3-year track to citizenship.

Duration

Temporary residency first under the October 2022 migration law; permanent typically follows

Threshold

$70,000 in a Paraguayan bank or qualifying business

Application fee

≈ $900 government fees

Path to PR

Permanent residency typically after temporary stage; citizenship at ~3 years of permanent residency.

Tax treatment

Territorial — foreign income not taxed.

Family

Spouse and minors included.

Required documents

·Since the October 2022 migration law, most applicants receive temporary residency first before converting to permanent.
·Spanish required at citizenship interview.

Apostille route

Apostille only — both United States and Paraguay are parties to the 1961 Hague Apostille Convention.

Documents that must be apostilled

Bank statements, employment contracts, photos, passport copies and the application form itself do not need an apostille.

Obtain originals or certified copies of each civil/criminal record (birth certificate, marriage certificate, police clearance, diploma, etc.).
Have each document apostilled by the competent authority in United States (U.S. Department of State — Office of Authentications).
Translate the apostilled document into the official language of Paraguay — the apostille itself is also translated.
Submit the apostilled + translated bundle directly to the Paraguay immigration authority or consulate; no further consular stamp is required.

Translation: Most documents must be translated into the local language by a certified translator. Agency translations are usually accepted.

Documents older than 3–6 months are often rejected. Plan to obtain fresh originals shortly before your visa application.

Verified 2026 — confirm current rules before applying.