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Paraguay, officially known as the Republic of Paraguay, is a landlocked country located in South America. Here are five important facts about Paraguay:

1. Geographical Location: Paraguay is situated in the heart of South America, bordered by Brazil to the east and northeast, Argentina to the south and southwest, and Bolivia to the northwest. It is the only landlocked country in South America that lacks access to the sea. The Paraguay River runs through the country, providing important transportation and trade routes.

2. Cultural Heritage: Paraguay has a rich cultural heritage influenced by its indigenous Guarani roots, Spanish colonization, and European immigration. The Guarani language is widely spoken alongside Spanish, making Paraguay one of the few bilingual countries in the region. The country's cultural traditions, including music, dance, crafts, and cuisine, reflect this unique blend of indigenous and European influences.

3. Natural Beauty: Paraguay offers diverse landscapes ranging from vast plains and wetlands to hilly regions and dense forests. The Pantanal, shared with Brazil and Bolivia, is one of the largest tropical wetland areas in the world and a biodiversity hotspot. The Ybycuí National Park and the Cerro Corá National Park showcase Paraguay's natural beauty, offering opportunities for hiking, wildlife observation, and eco-tourism.

4. Agricultural Economy: Paraguay's economy relies heavily on agriculture, particularly soybeans, corn, wheat, and cattle farming. The country is one of the world's largest exporters of soybeans and has a significant role in global food production. Paraguay's favorable climate and fertile soil contribute to its agricultural productivity, and agribusiness plays a vital role in the country's economy.

5. Friendly People and Affordable Living: Paraguay is known for its friendly and welcoming people. The cost of living in Paraguay is generally lower compared to many other countries, making it an attractive destination for retirees, expatriates, and digital nomads. The affordable housing market, low transportation costs, and reasonable prices for goods and services contribute to the country's appeal.

These important facts highlight Paraguay's geographical location, cultural heritage, natural beauty, agricultural economy, and the welcoming nature of its people. Paraguay offers a unique blend of indigenous traditions, natural wonders, and a relaxed lifestyle, making it an intriguing destination for travelers and those seeking a new place to call home.

Immigration Details

To immigrate to Paraguay, there are various visa types and pathways available. Let's explore each option and the requirements associated with them:

1. Temporary Residence Visa:
- Purpose: This visa is suitable for individuals looking to reside in Paraguay for a specific period, such as for work, study, or investment purposes.
- Requirements: The specific requirements vary based on the purpose of the visa, but generally include a valid passport, application form, proof of financial stability, criminal record clearance, health insurance, and supporting documents related to the purpose of your stay.
- Duration: The initial temporary residence visa is typically granted for one year, with the possibility of renewal.

2. Permanent Residence Visa:
- Purpose: The permanent residence visa allows individuals to reside in Paraguay indefinitely and is suitable for those planning to settle in the country.
- Requirements: The requirements for permanent residency include a valid temporary residence visa, proof of financial solvency, police clearance certificate, health certificate, payment of relevant fees, and other supporting documents.
- Duration: Permanent residency grants indefinite stay in Paraguay, subject to the individual maintaining the necessary requirements.

3. Work Visa:
- Purpose: This visa is for individuals who have a job offer or wish to work in Paraguay.
- Requirements: The requirements for a work visa include a job offer from a Paraguayan employer, a valid employment contract, proof of qualifications, valid passport, application form, and supporting documents.
- Duration: The work visa is usually granted for the duration of the employment contract, and it can be renewed if the employment continues.

4. Investment Visa:
- Purpose: Paraguay offers an investment visa program to attract foreign investors and entrepreneurs.
- Requirements: The investment visa requires making a significant investment in Paraguay, such as starting a business, investing in real estate, or contributing to the local economy. The specific capital requirements may vary based on the investment type and location.
- Duration: The initial investment visa is typically granted for one year, with the possibility of renewal or transition to permanent residency.

5. Student Visa:
- Purpose: This visa is for individuals who wish to study at a recognized educational institution in Paraguay.
- Requirements: The requirements for a student visa include admission to a Paraguayan educational institution, a valid passport, proof of financial means, health insurance, and supporting documents related to the academic program.
- Duration: The student visa is usually granted for the duration of the academic program.

6. Citizenship:
- Naturalization: Paraguayan citizenship can be obtained through naturalization by residing in the country for a specified period, typically five years. Additional requirements include knowledge of the Paraguayan language and culture, renunciation of previous citizenship (in some cases), and a clean criminal record.
- Residency: Paraguay also offers a fast-track citizenship program called "Citizenship by Residence" which allows individuals to obtain citizenship by investing in the country. The specific requirements and conditions for this program may vary.

 

Location
Rank
  • VISA-FREE
    109
  • DUAL CITIZENSHIP
  • POPULATION
    7,356,409
  • Time To Citizenship
    25
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TAX

In Paraguay, an individual is deemed to be tax-resident if he or she spends more than 120 days a year in the country.
Both tax-residents and non-residents are subject to personal income tax on their Paraguayan-source income.

Personal income is taxed at 10%, if income is equal to or higher than 120 monthly minimum salaries, otherwise is taxed at 8%. Dividends are subject to a final withholding tax at an effective tax rate of 5%. Capital gains, interests and royalties are taxed at the standard rate.

Real property tax is levied at a 1% on the cadastral value of the property. Surtaxes may apply on certain types of properties.
There are no taxes on inheritance and net worth.

The V.A.T. standard rate is 10%. A 5% reduced tax rate applies to the supply of certain goods and services.

This should not be construed as tax advice. We have access to a global network of qualified attorneys and accountants who can give you the proper advice for your particular circumstances. Contact us for further information.

  • Property Tax Yes
  • Transfer Tax No
  • Inheritance Tax No
  • Net Worth Tax No
  • CFC Law No
  • Tax Residency Days 120
  • Personal Income Tax Rate 10%
  • Capital Gains Tax Rate 10%
  • Investment Income Tax Rate 10%
  • Territorial Taxation Yes
Visa-Free Explain

Where Can Paraguayan Passport Holders Travel Without a Visa?

As of June 2023, Paraguayan passport holders can travel visa free to 109 countries and territories:

  • Albania
  • Andorra
  • Anguilla
  • Argentina
  • Aruba
  • Austria
  • Bahamas
  • Belgium
  • Belize
  • Bermuda
  • Bolivia
  • Caribbean Netherlands
  • Bosnia and Herzegovina
  • Botswana
  • Brazil
  • British Virgin Islands
  • Bulgaria
  • Chile
  • Colombia
  • Cook Islands
  • Costa Rica
  • Croatia
  • Curaçao
  • Cyprus
  • Czechia
  • Denmark
  • Dominica
  • Dominican Republic
  • Ecuador
  • El Salvador
  • Estonia
  • Faroe Islands
  • Fiji
  • Finland
  • France
  • French Guiana
  • French Polynesia
  • French West Indies
  • Germany
  • Gibraltar
  • Greece
  • Greenland
  • Guatemala
  • Haiti
  • Honduras
  • Hong Kong
  • Hungary
  • Iceland
  • Indonesia
  • Ireland
  • Israel
  • Italy
  • Jamaica
  • Kosovo
  • Latvia
  • Liechtenstein
  • Lithuania
  • Luxembourg
  • Malaysia
  • Malta
  • Mauritius
  • Mayotte
  • Mexico
  • Micronesia
  • Moldova
  • Monaco
  • Montenegro
  • Montserrat
  • Netherlands
  • New Caledonia
  • Nicaragua
  • Niue
  • North Macedonia
  • Norway
  • Oman
  • Pakistan
  • Palestine
  • Panama
  • Peru
  • Philippines
  • Poland
  • Portugal
  • Qatar
  • Réunion
  • Romania
  • Russia
  • San Marino
  • Serbia
  • Singapore
  • Slovakia
  • Slovenia
  • South Africa
  • South Korea
  • Spain
  • Sri Lanka
  • Saint Kitts and Nevis
  • Saint Martin
  • Saint Vincent and the Grenadines
  • Suriname
  • Sweden
  • Switzerland
  • Taiwan
  • Türkiye
  • Ukraine
  • United Arab Emirates
  • United Kingdom
  • Uruguay
  • Vatican City
  • Venezuela

For visa-free travels, you still must have a valid passport — usually six months after your departure date— and you must purchase travel health insurance as required by your destination country.

Where Can Paraguayan Citizens Go Without a Passport?

Paraguayan citizens can enter the following countries without a passport with only an ID card:

  • Argentina
  • Bolivia
  • Brazil
  • Chile
  • Colombia
  • Ecuador
  • Peru
  • Uruguay

What Countries Issue eVisa to Paraguayan Citizens?

The following 18 countries issue eVisas for Paraguayan passport holders:

  • Antigua and Barbuda
  • Azerbaijan
  • Benin
  • Djibouti
  • Egypt
  • Ethiopia
  • Gabon
  • Georgia
  • Guinea
  • India
  • Kenya
  • Kuwait
  • Kyrgyzstan
  • Lesotho
  • São Tomé and Príncipe
  • Tajikistan
  • Uganda
  • Uzbekistan

The process of getting an eVisa is more or less the same as applying for a traditional visa. However, in this case, you don’t have to visit a visa application center— you can submit your application online, including the visa payment.

After your application is approved, you will receive an email confirming your visa status along with a document you must print out and bring with you when crossing the border. Your visa will be registered online, but some officers may ask you for a physical copy of the permit; that is why it’s important to keep the copy on your person while traveling.

What Countries Issue Visa on Arrival to Paraguayan Passport Holders?

If you are a Paraguayan citizen, you can get a visa on arrival for the 32 countries listed below:

  • Armenia
  • Bahrain
  • Burkina Faso
  • Burundi
  • Cambodia
  • Cabo Verde
  • Comoros
  • Guinea-Bissau
  • Iran
  • Jordan
  • Laos
  • Macau
  • Madagascar
  • Malawi
  • Maldives
  • Mauritania
  • Mozambique
  • Nepal
  • Palau
  • Rwanda
  • Samoa
  • Senegal
  • Seychelles
  • Somalia
  • Saint Helena
  • Saint Lucia
  • Tanzania
  • Timor-Leste
  • Togo
  • Tuvalu
  • Zambia
  • Zimbabwe

You receive a visa on arrival (VOA) after entering the country that issues such a visa. Usually, there is a separate section at the airport where you can submit your application for your visa on arrival.

Countries With Visa Requirements for Paraguayan Citizens

You need a valid visa to enter the following 67 countries with a Paraguayan passport:

  • Afghanistan
  • Algeria
  • American Samoa
  • Angola
  • Australia
  • Bangladesh
  • Barbados
  • Belarus
  • Bhutan
  • Brunei
  • Cameroon
  • Canada
  • Cayman Islands
  • Central African Republic
  • Chad
  • China
  • Democratic Republic of the Congo
  • Republic of the Congo
  • Ivory Coast
  • Cuba
  • Equatorial Guinea
  • Eritrea
  • Falkland Islands
  • Ghana
  • Grenada
  • Guam
  • Guyana
  • Iraq
  • Japan
  • Kazakhstan
  • Kiribati
  • Lebanon
  • Liberia
  • Libya
  • Mali
  • Marshall Islands
  • Mongolia
  • Morocco
  • Myanmar
  • Namibia
  • Nauru
  • New Zealand
  • Niger
  • Nigeria
  • North Korea
  • Northern Mariana Islands
  • Papua New Guinea
  • Puerto Rico
  • Saudi Arabia
  • Sierra Leone
  • Solomon Islands
  • South Sudan
  • Sudan
  • Syria
  • Thailand
  • Gambia
  • Tonga
  • Trinidad and Tobago
  • Tunisia
  • Turkmenistan
  • Turks and Caicos Islands
  • United States Virgin Islands
  • United States
  • Vanuatu
  • Vietnam
  • Yemen
  • Eswatini

The application for a visa goes as follows:

  1. Make an appointment at the visa center in Paraguay. You must contact a local visa application center in your home country and make an appointment to submit your application. It may take several months to schedule a meeting with the embassy or consulate.
  2. Get your documents ready. To submit a successful application, you have to prepare the required documents for your visa, i.e., passport, application form, health insurance, etc. Some of your documents must be verified with an apostille stamp or certified by a foreign office.
  3. Submit your application. Finally, you can submit your application and attend the visa interview—you may also be required to submit your biometrics. Once you translate your documents as required by the embassy or consulate and verify them with an apostille stamp— if possible, then you can submit your application. From then it will take several weeks until a decision is made regarding your visa application.

Please note that if you have a valid visa that allows you to enter more than one country, you don’t have to apply for a new visa.

What Documents Do Paraguayan Citizens Need to Apply for a Visa?

Paraguayan citizens that want to visit countries that require them to apply for a visa beforehand need to submit a few documents. Depending on the country you want to visit, document requirements may vary. However, most countries will certainly require the following:

  • Your valid Paraguayan passport (plus a photocopy). Some countries require the passport to be valid for more than six months after the day you plan on departing their country.
  • A filled visa application form.
  • Passport pictures that are not older than six months.
  • Travel health insurance that covers your entire period of stay.
  • Proof of paid visa fee.
  • Detailed travel itinerary that shows all the places you want to visit.
  • Letter of invitation (if applicable)
  • Proof of booked return ticket for the flight home.
  • Proof of booked accommodation.
  • Proof that you have sufficient funds to cover your visit
  • Civil status documents (marriage papers, certificates of birth, etc.)
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