moveparaguay.com · Reference card
Paraguay residency in one page.
Every number you'll quote to your accountant, lawyer, or family. Verified May 2026.
Last verified · BCP referencia 6,188.65 PYG/USD
Routes & cost
| Route | Min. capital | Speed | Status |
|---|---|---|---|
| Standard | US$ 0 | 2–6 months | TR (2 yrs) → PR |
| SUACE | US$ 70k + 5 jobs | 2–3 months | PR direct |
| Investor Pass — Tourism | US$ 150k | 10–15 days | PR direct |
| Investor Pass — Real estate | US$ 200k | 10–15 days | PR direct |
| Investor Pass — Stock market | US$ 200k | 10–15 days | PR direct |
Standard government fee: Gs. 2,787,550 ≈ US$ 450. MERCOSUR/Acuerdo nationals: Gs. 2,230,040 ≈ US$ 360. Source: Decreto 4122/2025 + Resolución DNM 513/2025.
Documents (Standard track)
- Passport — valid 6+ months
- Birth certificate — apostilled + sworn translation
- Foreign criminal record — every country where you lived ≥ 1 year in the last 3 years, apostilled (Ley 6984/2022)
- Medical certificate — issued in Paraguay
- Paraguayan National Police antecedentes — issued in Asunción
- Interpol Asunción clearance — issued in Asunción
- Self-declaration of solvency (no bank deposit required)
- Marriage certificate (if applying with spouse) — apostilled
Tax facts
- Foreign-source income: 0% (territorial system, Ley 6380/2019)
- IRP on Paraguay-source income: 8–10% max
- Dividend tax: 8% resident / 15% non-resident
- Tax-residency baseline: ~183 days/year + RUC
- 120-day rule: civil-law domicile interpretation (RG 65/2020), not statutory
- Wealth tax: none
- Inheritance tax on foreign assets: none
- FATCA status: Treasury Model 2 "Agreement in Substance"
- CRS: first exchanges scheduled 2027
- DTAs in force: Chile, Spain (Jan 2025), Taiwan, UAE, Uruguay, Qatar
Citizenship (Constitution Art. 148)
- 3 years of permanent residency, uninterrupted
- Honest livelihood (occupation, business, or pension)
- Adult age (18+)
- Good conduct
- Spanish or Guaraní integration test
- Supreme Court ruling on the application
- Dual citizenship: allowed under Art. 149 (reciprocity basis)
- Visa-free destinations: ~145 (Henley 2026 rank #26)
- Reserved for natural-born only: President, Vice-President, Senate, Chamber of Deputies, Supreme Court
Banking quick reference
- Account opening with cédula: 7–14 days
- Top banks: Itaú Paraguay, Banco Continental, Sudameris
- Easiest digital: ueno bank, Banco GNB, Banco Atlas
- Dual-currency (USD + PYG) accounts standard
- Without cédula: Wise + Cambios cover most needs
- Foreign cards work everywhere modern (Visa/Mastercard)
- Cash still common for rent and informal services
Asunción cost of living
| Item | Range (USD/mo) |
|---|---|
| Studio rent (mid) | $280–600 |
| 2-bed apartment (mid) | $350–900 |
| 3-bed house, fenced | $600–1,600 |
| Single person, all-in | $900–1,100 |
| Family of 4, all-in | $2,200–3,500 |
| Mid-range meal for 2 | $30–55 |
| Domestic help (full-time) | $300–450 |
Real estate & property tax
- Foreigners: full freehold, no minimum, no residency required
- Border zone restriction (50 km): bordering-country nationals only
- Annual property tax: 1% of fiscal value (Impuesto Inmobiliario)
- Notary fee: 0.75–2% of price (Ley 1307/87 sliding scale)
- Transfer tax: ~1.5% of sale price
- Title registry: DGRP — escritura pública required
- Mortgages for foreigners: PR + steady income
Driver license & import
- License issued by your municipality (not MOPC)
- Cost: Gs. 239,400 first-time, Gs. 23,900 revalidación (asuncion.gov.py)
- Cédula required first; foreign license + IDP exchanged without exam
- Vehicle import: AEC 35% MERCOSUR + national rate footnote
- Used car age cap: 10 years
- Hybrid/EV: import duty exempt since 24 June 2024
- Household goods (menaje): apostille + 12-month prior-possession proof