The Paraguay Investor Pass
Four investment routes, one direct path to permanent residency. Skip the 21-month temporary stage and obtain your Constancia de Inversionista Extranjero (CIE) in 5 business days.
At a Glance
- Effective: 28 April 2026 (Resolución 0283/2026)
- Outcome: Direct permanent residency (no temporary stage)
- CIE issuance: 5 business days after a complete file
- SUACE permanent residency: 30–45 days total
- Other routes (RE/FI/Tourism): several months at Migraciones after the CIE
- Replaces: Resolución 1052/2025
Why This Changes the Game
Until April 2026 the only "fast" investor route was SUACE — productive investment with a business plan and at least five formal jobs. The Investor Pass adds three lighter-touch routes (real estate, financial instruments, tourism) for applicants whose capital fits one of those buckets but who don't want to operate a Paraguayan business.
Plain English: if you have USD 150–200k you can deploy into qualifying Paraguayan assets and you want permanent residency without the 21-month temporary holding period, one of the four tracks below is likely a fit.
The Four Routes
All four lead to direct permanent residency under the same CIE framework.
🏠 Real Estate
- ✓ No business plan required
- ✓ No job creation required
- ✗ Personal/family use explicitly excluded
- 📄 Either a registered deed, or a notarized contract with ≥30% paid
📈 Financial Instruments
- ✓ No business plan required
- ⏳ 2-year minimum holding period
- 📊 Annual reporting required
- Qualifying Paraguayan-issued securities only
🏖️ Tourism
- 📝 Business plan required
- 📊 Semestral progress reporting
- Lowest capital threshold of the four routes
🏭 SUACE Productive Investment
- 📝 Business plan required
- 👥 Minimum 5 formal jobs created
- Lowest capital, highest operational commitment
How the Process Works
All four routes share the same submission workflow under the CIE framework.
1. Pre-Submission Review
We verify your capital source documentation, asset eligibility, and the route that actually fits your situation. Doing this before filing prevents the most common rejection causes.
2. File Submission
The complete file is filed through SUACE (Sistema Unificado de Apertura y Cierre de Empresas). All foreign documents must be apostilled and Spanish-translated by a certified public translator.
3. CIE Issued (5 Business Days)
Once the file is approved as complete, SUACE issues the Constancia de Inversionista Extranjero within 5 business days.
4. Permanent Residency
Migraciones grants direct permanent residency under the investor framework — no 21-month temporary stage required. SUACE files have moved through in 30–45 days in publicly documented cases. The newer Investor Pass routes (Real Estate, Financial Instruments, Tourism) have not been running long enough to publish consistent timelines; plan for several months at Migraciones after the CIE issues. We'll give you a realistic estimate for your specific route during the strategy call.
5. Cédula + RUC
With permanent residency in hand, you apply for your cédula at the Departamento de Identificaciones (5–10 business days standard, 45 days for SUACE), then your RUC online via DNIT. See our RUC guide.
Investor Pass vs Standard Residency
Standard Path
- Stage 1: Temporary residency (~90 days processing)
- Stage 2: 21 months minimum on temporary
- Stage 3: Apply for permanent (90 days)
- Total time to permanent: ~2 years
- Capital requirement: None
- Risk: 365-day absence rule applies during waiting period
Investor Pass
- Stage 1: Capital deployment + file
- Stage 2: CIE in 5 business days
- Stage 3: Permanent residency — 30–45 days for SUACE; several months for other routes
- Total time to permanent (SUACE): ~1.5 months
- Total time to permanent (RE/FI/Tourism): faster than the 2-year standard track, but plan for several months at Migraciones
- Capital requirement: USD 70k–200k depending on route
- Risk: Ongoing reporting / hold period depending on route
⚠️ Important Caveats
- Real Estate route excludes personal/family use. If you intend to live in the property yourself, this route does not qualify — investigate alternatives.
- Financial Instruments require a 2-year hold. Early liquidation can trigger loss of residency status.
- Tourism and SUACE require ongoing reporting (semestral and annual respectively). Missing reports puts your CIE at risk.
- This is not a "passport for sale" program. Paraguay does not grant citizenship via investment. The Investor Pass grants permanent residency only; citizenship has separate requirements (typically 3 years of permanent residency + integration tests).
- Capital must be auditable. Source-of-funds documentation is mandatory.
🚩 Watch for Scams
The Investor Pass launch in April 2026 has attracted opportunistic promoters. Be careful with anyone promising:
- "Instant" or "48-hour" investor residency — the CIE itself is 5 business days after a complete file is submitted; SUACE permanent residency takes 30–45 days from there, and the newer Real Estate / Financial Instruments / Tourism routes typically take several months at Migraciones after the CIE issues.
- Real estate "investment pools" that aggregate buyers under one $200k purchase — case-by-case eligibility is at SUACE/Migraciones discretion.
- Anyone selling "guaranteed approval" — there are no guarantees, only properly prepared files.
- "Buying a Paraguayan passport" — citizenship is not for sale under any current program.
Is the Investor Pass Right for You?
Choosing between Real Estate, Financial Instruments, Tourism, and SUACE depends on what you actually want to do with the capital. A 30-minute call can rule out the wrong routes before you commit.
Book a Strategy CallRegulatory Sources
- Ley Nº 6984/2022 de Migraciones — primary migration law
- Decreto Nº 4122/2025 — fee schedule, 365-day absence rule for permanent residency
- Resolución Nº 0283/2026 (28 April 2026) — Investor Pass framework; abrogates Resolución 1052/2025
- Primary government portals:
migraciones.gov.py,rediex.gov.py,dnit.gov.py
Informational content only, not legal advice. Confirm current figures with a licensed Paraguayan immigration lawyer before committing capital.