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Paraguay Standard Residency — Residency Program

🏠 OVERVIEW

Program Standard Residency
Local Name Residencia Temporaria
Type Economic
Status Active
Initial Duration 24 months
Renewable Yes (24 mo)
Min Stay 1 days per 12 months

One of the easiest and cheapest residency programs in the Americas. No minimum investment, income, or bank deposit requirements for basic temporary residency — just ID and clean criminal record.

📋 ELIGIBILITY

Min Age 18+
Criminal Record Check Required
Health Check Not required
Health Insurance Not required

💼 WORK RIGHTS

Employment Allowed
Self-Employment Allowed
Own Business Allowed
Work Permit Included Yes

👨‍👩‍👧 FAMILY & DEPENDENTS

Dependents Allowed Yes
Spouse Included Yes
Max Child Age 18
Parents Allowed No

💰 TAX DETAILS

Tax Regime Territorial
Tax Rate 10.0%
Regime Name Territorial Tax System — 0% on foreign income
Foreign Income Taxed No
Capital Gains Taxed No

🏆 PATH FORWARD

Permanent Residency Yes
Years to PR 2 years
Dual Citizenship Allowed
Citizenship Yes
Years to Citizenship 5 years
Language Required Yes

🌍 BENEFITS & MOBILITY

Bank Account Can open
Property Purchase Allowed
Public Healthcare Access granted

📝 HOW TO APPLY

Method in person
Processing Time 30–90 days
Apply from Abroad Yes

📝 NOTES

No strict income or investment requirements for basic temporary residency as of 2025. Only need to be 18+, clean record, no international watchlist presence. A bank deposit of ~$5,000 in a Paraguayan bank is typically sufficient. Must not be absent 12+ consecutive months. For citizenship: 183 days/year for 3 years of permanent residency, learn national anthem, pass Spanish/Guarani and civics exams. Dual citizenship unofficially tolerated despite oath of renunciation — official treaties only with Spain and Italy.

📋 ALSO IN PARAGUAY

Paraguay also offers a digital nomad visa for remote workers:

Source