Paraguay Process
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Resolución MIC 283/2026 · Checked 8 Oct 2026

The Paraguay Investor Pass

Four investment routes to direct permanent residency, with no two-year temporary stage. The Ministry of Industry and Commerce issues your Constancia de Inversionista Extranjero (CIE) within 5 business days of a complete file, then Migraciones grants permanent residency.

Ask about your route Compare the four routes

At a glance

  • Legal basisRes. MIC 283/2026 with Migraciones
  • Announced22 April 2026
  • OutcomePermanent residency, no temporary stage
  • CIEMax. 5 business days
  • InvestmentUSD 70,000 – 200,000
  • Migraciones feeGs. 2,926,925

Fee from 1 July 2026 (Decreto 6225/2026), paid in cash in guaraníes. Sources at the bottom of this page.

The four routes

Pick the route that matches what your capital will actually do.

All four lead to the same CIE and the same permanent residency. Amounts can be in US dollars or guaraníes at the official exchange rate, and the investment can be in progress or completed.

Route 1 · Real estate USD 200,000
  • No business plan, no jobs required
  • Not for personal or family use: the property must be an investment
  • With a notarised purchase contract, you can apply once 30% is paid (Annex I, Art. 6.1)
Route 2 · Financial instruments USD 200,000
  • No business plan, no jobs required
  • Minimum 2-year holding period
  • Reported: securities registered on the Bolsa de Valores de Asunción, with annual reporting
Route 3 · Tourism USD 150,000
  • Business plan required
  • Technical follow-up of the project
  • Lowest amount of the three new routes
Route 4 · Productive (SUACE) USD 70,000
  • Business plan required
  • At least 5 formal jobs created
  • Industry, commerce or services; the longest-running route
How it works

From investment to cédula.

  1. Pre-check

    Route fit, source of funds and asset eligibility, before money moves.

  2. File via SUACE

    Investment proof, source-of-funds declaration, criminal records incl. INTERPOL and Paraguayan police.

  3. CIE

    Issued within a maximum of 5 business days of a complete file.

  4. Permanent residency

    Granted by Migraciones. No official timeframe; reports range from a few weeks to about four months.

  5. Cédula & RUC

    ID card at Identificaciones, then your tax ID with DNIT.

Foreign documents need an apostille (or consular legalisation) and a Spanish translation by a Paraguayan sworn translator.

Compared

Investor Pass or the standard route?

Standard route

Temporary first

  • No investment required
  • Temporary residency for up to 2 years
  • File for permanent in the last 3 months of the card
  • More than 1 year in a row abroad without justification can cancel the temporary residency
  • Since 6 July 2026, permanent needs proof of real income (Res. DNM 407/2026)
  • Migraciones fee Gs. 2,926,925 at each stage
Investor Pass

Permanent directly

  • No temporary stage, no 2-year wait
  • CIE within 5 business days of a complete file
  • Solvency shown through the investment itself
  • USD 70,000 – 200,000 committed, auditable source of funds
  • Holding period or project follow-up, depending on route
  • Permanent residents may be away up to 3 years in a row; longer only with justification
Where you're coming from

Notes for US, Canadian and European investors.

  • Criminal record: FBI Identity History Summary, apostilled by the US Department of State.
  • Entry: visa-free for up to 90 days until 13 August 2027 (Ley 7314/2024).
  • Tax: the US taxes citizens on worldwide income wherever they live. Paraguay has no income tax treaty and no Social Security totalization agreement with the US.
  • Reporting: Paraguayan accounts count for FBAR (over $10,000 combined at any time in the year) and FATCA.
Before you commit

The fine print.

Conditions that stay with you

  • Real estate must not be for personal or family use.
  • Financial instruments must be held at least 2 years.
  • Tourism and productive projects need an approved business plan and follow-up.
  • Source of funds must be documented and auditable.
  • This is residency, not citizenship. Naturalisation needs at least 3 years of residence, a trade or profession, and good conduct (Constitution, Art. 148).

Red flags

  • "48-hour residency": only the CIE has a 5-business-day deadline, and only once the file is complete.
  • "Guaranteed approval": there are no guarantees, only well-prepared files.
  • Pooled real estate where many buyers share one USD 200,000 purchase.
  • "Buy a Paraguayan passport": citizenship is not for sale.
Common questions

Investor Pass questions, answered.

How long does the whole process take?

The CIE has a legal maximum of 5 business days once the file is complete. Migraciones publishes no timeframe for the permanent residency that follows; reported cases range from a few weeks to around four months. Preparing documents (apostilles, translations, criminal records) usually takes longer than either step.

Can I live in the property I buy?

Not under the real-estate route: the investment must be for economic purposes, not personal or family use. If you want to live in it, the standard route may fit better.

Do I have to live in Paraguay afterwards?

Permanent residency is lost after more than 3 years in a row outside Paraguay without justification (Ley 6984/2022, Art. 55). Migraciones lets you request authorisation in advance if you need to be away longer. The permanent card itself is renewed every 10 years.

Will Paraguay tax my investment income?

Paraguay taxes Paraguayan-source income (Ley 6380/2019), so returns from a Paraguayan property, project or security are in scope. How much depends on the asset and your setup; your home country may tax it too, as Paraguay has few tax treaties.

Sources

Checked 8 October 2026. Official sources first.

Informational content only, not legal or tax advice.

Not sure which route?

Tell us what the capital is for. We'll tell you which route fits.

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