Paraguay Permanent Residence Program
ABOUT PARAGUAY
Paraguay is a landlocked country located in the heart of South America, bordered by Brazil to the east and Argentina to the southwest. The country has a population of around 6.11 million people. Paraguay was previously under Spanish colonial rule, so its population is predominantly composed of Spanish descendants, indigenous Guarani people, and individuals of mixed European and Indigenous ancestry. The capital city of Asuncion is Paraguay’s largest city. Asuncion is a vibrant, economically prosperous city that blends modern influences with its colonial-era heritage. Paraguay is also renowned for its striking natural beauty, which includes magnificent waterfalls, rivers, mountains, and tropical rainforests that attract visitors from around the world.
According to Law 978 enacted on June 27, 1996, and subsequent regulations, Paraguay’s “National Constitution” contains provisions that facilitate the immigration of foreign nationals. Under the domestic legal framework, “permanent residents” are granted the same rights and obligations as Paraguayan citizens.Additionally, Paraguay is one of the countries who has a bilateral treaty with the United States, which allows Paraguayan citizens to apply for the E-2 Investor Visa to the United States. E-2 visa holders can reside in the U.S., enroll their children in American schools, and enable their spouses to work. Obtaining Paraguayan citizenship can therefore serve as a convenient pathway for establishing residence in the United States.
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PROGRAM FEATURES
Fast-Track Residency
Obtaining permanent residency in just 2-3 months
Easy Pathway
No requirement on language, education or management experience
No Investment Required
No investment requirement or US$70,000 investment for direct PR
Global Mobility
Residents can travel to most of the South American countries with the ID Card
Pathway to Citizenship
Apply for citizenship after 3 years of residence
Physical Presence
Visit Paraguay every 3 years to maintain permanent residency
Relocation to US
Option for Paraguay citizens to relocate to the US under the USA E2 Investor Visa
Favorable Tax Regimes
No taxation on foreign incomes
PROGRAM REQUIREMENTS
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Main applicant must be at least 18 years old
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Must be in a good health
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Have a clean criminal record
ELIGIBLE DEPENDENTS
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Spouse of the main applicant
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Dependent children
APPLICATION OPTIONS
Option 1 / Non-Investment Option
Applicant can apply for the residence program with no investment required. You will be first obtaining a temporary residence permit valid for 2 years and to apply for the permanent residence after 2 years.
Option 2 / Investment Option
Applicant can choose to start a business in Paraguay or invest in a Paraguayan business which leads to a direct route in obtaining the permanent residency.
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USD 70,000 – Minimum Investment Amount
*Please note that the above prices are not inclusive of miscellaneous government fees and a legal management fee calculated on a case-by-case basis. Prices are subject to change based on government regulations. Please contact one of our advisors for a personalized quote.
APPLICATION PROCESS
1 | Preliminary Consultation
Begin with an initial consultation with Chaucer Team to assess your background and immigration goal.
2 | Signing a Service Agreement
Signing the service agreement with Chaucer Team and to complete the onboarding process.
3 | Travel to Paraguay
Applicant needs to obtain a visa and travel to Paraguay for the application preparation and submission process.
4 | Company Registration
Our lawyer will assist setting up a company in Paraguay and will arrange the application submission of permanent residence.
5 | Obtaining Permanent Residence Status
Once the application is approved, you will obtain a national ID Card which gives you the rights of permanent resident of Paraguay.
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