Destinations
Paraguay
Paraguay pairs a fast, low-cost path to permanent residence — from a 70,000 USD business investment, granted in about three months — with a territorial tax system that does not tax foreign income and one of the world’s shortest routes to citizenship, at three years. The honest catch: the cheapest route means genuinely starting a company, the Investor Pass is brand new, and naturalisation is discretionary, not automatic.
Key facts
- From
- $70 000≈ $93 450 — estimated total, family of four, fees included
- Processing time
- 3–6 months
- Physical presence
- You must enter Paraguay to complete the process. There is no heavy annual stay to keep the residence, but the three-year route to citizenship is discretionary and expects genuine ties and real presence, not a purely paper link.
Tax at a glance
- Territorial tax: foreign-source income is not taxed in Paraguay
- Low, flat local taxes — broadly 10% personal, 10% corporate, 10% VAT
- No wealth tax and no inheritance tax
- A residence permit does not by itself make you Paraguay tax-resident
Frequently asked questions
Is the cheapest Paraguay route really just 70,000 USD?
The 70,000 USD figure is a productive business investment made through the SUACE window, committed over ten years with local job creation — it means genuinely running a company, not a passive deposit. Passive routes (property or financial instruments) start higher, around 150,000–200,000 USD.
How fast can I get Paraguayan citizenship?
Paraguay allows naturalisation after three years of permanent residence — one of the shortest horizons anywhere. It is real but discretionary, expecting genuine ties, some Spanish or Guaraní and actual presence; it is not granted automatically on the third anniversary.
Does Paraguay tax my foreign income?
No. Paraguay uses a territorial system, so foreign-source income is not taxed, and local taxes are broadly 10% on income and 10% VAT. This does not remove obligations to a country that taxes on citizenship, such as the United States.