About Paraguay
Capital: Asunción
Population: 6,460,159
Language: Spanish, Guarani
GDP per capita: 23,349 USD
Currency: Guaraní (PYG)
Visa-Free Countries: 140+ countries, including the Schengen Zone, UK (w/ETA), Hong Kong, Singapore, Brazil, Japan, South Africa, Switzerland, United Arab Emirates
Paraguay Investor Pass Program Overview
A safe country on the rise and the fastest growing economy in Latin America. Asunción has become a digital nomad hotspot with significant capital flowing in, much of it from Brazil.
It is the lightest residency in the region attached to a real territorial tax system, which makes it the natural base for anyone earning abroad. Paired with a United States LLC it supports a 0% structure, and Paraguay issues the tax residency certificate in as little as 40 days.
Key Advantages
Requirements
The Principal Applicant
The principal applicant must meet ALL of the requirements below:
Qualifying Dependents
To qualify as dependents, applicants must be:
Routes to Residency - Investor Pass
Direct permanent residency, five qualifying routes from USD 40,000
Audiovisual donation - USD 40,000
Film, audio or video production, as a donation.
Active investor - USD 70,000
Invest and create five jobs, leading to permanent residency
Tourism investment - USD 150,000
Into a qualifying touristic project
Equities - USD 200,000
Into listed shares on the Paraguayan exchange
Real estate - ~USD 60,000 down
USD 200,000 of property, 30% payable at filing
Naturalisation needs three years of permanent residency from the Investor Pass; on an economic means route the same passport takes about five years, with roughly nine months a year expected in country.
Process Overview
Total Processing Time: Approximately 4-6 months