Paraguay Permanent Residency by Investment

Paraguay's Migration Law N° 6.984/2022 created two distinct paths to permanent residency.

The standard route starts with temporary residency, valid for two years. After holding it for two years, you apply to convert to permanent status. This is the right choice for most relocators: it is affordable, straightforward, and the two years of temporary residency count toward the citizenship clock.

The direct investor route lets qualifying investors bypass the temporary stage entirely. You submit proof of a qualifying investment and receive permanent residency immediately — a card valid for ten years and renewable indefinitely. This is what many advisers loosely call the "Paraguay golden visa" or Investor Pass, although unlike European golden visas there is no government fee in the hundreds of thousands and no forced donation.

Note that the old route of depositing 5,000 USD in a Paraguayan bank was abolished in October 2022. Any provider still advertising it is working from outdated information.

To qualify for direct permanent residency, you commit to one of several recognized investment categories:

• Productive investment via SUACE — an investment plan filed through SUACE (Paraguay's unified system for opening businesses), committing from approximately 70,000 USD deployed over ten years into a Paraguayan business. This is the most popular route because the capital is invested progressively into your own company, not paid to the state.
• Real estate — property investment from approximately 200,000 USD.
• Approved tourism projects — participation in government-recognized tourism developments.
• Capital markets and bonds — qualifying financial instruments on the Paraguayan market.

Thresholds are defined by regulation and can be adjusted, so treat these figures as "from approximately" and confirm current numbers in a consultation before committing capital. The key point stands: your money goes into assets you own — a company, property, or securities — not into a government fund.

Permanent residency under the investor route delivers a rare combination of stability and freedom:

• Ten-year validity, renewable. No two-year renewal cycle, no conversion application later.
• No minimum stay requirement. You are not obliged to spend any fixed number of days in Paraguay. Occasional visits are recommended to keep ties active, but you can keep living and working anywhere.
• Whole family included. Your spouse and children can obtain residency alongside you.
• Cédula and full local access. After approval you receive the cédula, Paraguay's national ID, which opens banking and daily life in a MERCOSUR member state.
• Territorial taxation. Paraguay taxes only local-source income — foreign-source income is taxed at 0%. See our tax residency service for how residents structure this properly.

The document list is short by international standards: a valid passport, a clean criminal record from your country of origin (apostilled), a birth certificate (apostilled), and the evidence of your qualifying investment. We review every document before you fly so nothing is rejected at the counter.

With our Investor package the entire in-country process is completed in a single trip of five to seven business days:

1. Before travel: free consultation, document checklist, apostille and translation coordination, investment route selection.
2. In Asunción: filing with Migraciones, Interpol check, biometric registration, cédula application, and RUC (taxpayer ID) registration — all with our team accompanying you at every appointment.
3. After you fly home: we track the file until approval, typically 90–120 days, and courier or hold your documents as you prefer.

There is no interview, no language test, and no requirement to return during processing.

The Investor package is a flat 15,000 USD with no hidden government "processing surcharges" added later. It includes:

• Direct permanent residency application under the investor route, fully managed;
• Your cédula (national ID card);
• Your RUC (taxpayer registration), the foundation for local banking and tax residency;
• A structured presentation of qualifying investment options — real estate, capital markets instruments, bonds, and approved tourism projects — so you can compare routes before committing capital;
• All legal representation, government liaison, and translations, with a single trip of 5–7 business days.

The work is led by attorney Antonia Alonso de Mostafa, licensed by Paraguay's Supreme Court (CSJ license No. 16,068), with more than ten years of immigration practice, 500+ successful cases, and a 98% approval rate. A 100 USD deposit secures your start date and is credited in full toward the package. Compare all packages on our pricing page — promotional rates are valid until November 30, 2026.

Under Article 148 of the Paraguayan Constitution, you can apply for naturalization after three years of residency. Because the investor route grants permanent status from day one, investors are on the fastest realistic track: roughly 3.5–4 years from first filing to a Paraguayan passport, versus about five years total on the standard route.

Naturalization is decided by the Supreme Court and includes a civics interview conducted in Spanish, plus evidence of genuine ties to the country — another reason occasional visits are worth planning. Paraguay's passport offers visa-free access across MERCOSUR and much of the world, and Paraguay permits you to keep it for life.

If citizenship is your end goal, read our citizenship service page for the full timeline and how we prepare clients for the Supreme Court stage.