Paraguay Permanent Residence

SUACE System and Investor Pass are 2 migration programmes that allow investors to obtain permanent resident status in Paraguay. They have the same final result: permanent residence. The differences are in the investment requirements.

SUACE System provides for 1 option that requires active investment: creating a company in Paraguay. At least $70,000 must be invested in it.

Investor Pass programme options provide for passive investment: the applicant can buy real estate or securities, or finance a tourism project. The amount requirements are higher: at least $300,000.

The investor does not need to live in Paraguay with a temporary residence permit to obtain permanent residence. They immediately become a permanent resident if they invest at least $70,000 in the country’s economy.

Other foreigners obtain permanent residence after 2 years with temporary residence. At the same time, there are also no residence requirements: it is enough to come to Paraguay once a year.

No, permanent residence is one of the mandatory conditions for foreigners who plan to obtain Paraguay citizenship. For 3 years before submitting documents, they cannot leave the country for more than 3 months a year.

Applicants for a Paraguayan passport renounce other passports because second citizenship is prohibited in Paraguay. An exception applies to citizens of Spain and Italy: Paraguay has concluded dual citizenship agreements with these countries.

Investors obtain permanent residence in Paraguay, bypassing the temporary stage. To do this, they create a company, buy real estate or securities, or finance tourism projects.

No, the investor needs to come to Paraguay to submit documents for permanent residence, then submit biometrics and obtain the issued resident card.

You cannot add family members to the application for permanent residence in Paraguay. They obtain a residence permit independently.

The spouse and adult children apply for permanent residence by investment or for temporary residence after arriving in Paraguay. Minor children first obtain a temporary residence permit, and after 2 years, permanent residence.

Temporary residence is issued first to most foreigners. They can apply for permanent residence after 2 years with temporary status. Investors can bypass this stage and obtain permanent residence immediately if they invest at least $70,000 in Paraguay.

Permanent residence is valid indefinitely, but the resident card must be renewed every 10 years.

Paraguay applies a territorial tax system: income received outside the country is not taxed in Paraguay. This may benefit digital nomads, international investors, and business owners with foreign-sourced income.

If an investor becomes a tax resident of Paraguay, personal income tax, corporate income tax, and VAT are charged at 10%. Tax on dividends can be paid at a reduced rate of 8% instead of 15%.

The process usually takes at least 4 months. The preliminary check takes 2 business days. After that, the investor prepares documents, comes to Paraguay, submits the application, passes the government review, and obtains the permanent residence certificate and ID card.

The exact timeline depends on the selected investment route, document preparation, and the workload of government authorities.

There is no mandatory stay requirement to maintain Paraguay permanent residence. The investor does not need to live in the country before or after obtaining status.

For comparison, foreigners who obtain permanent residence after temporary residence usually need to visit Paraguay once a year.

Paraguay generally does not recognise dual citizenship. Applicants for a Paraguayan passport usually need to renounce other passports.

An exception applies to citizens of countries that have dual citizenship agreements with Paraguay, such as Spain and Italy.