Paraguay
Paraguay Permanent Residency by Investment (SUACE)
Also known as: SUACE Business Plan Residency, Paraguay Investor Visa, Paraguay Residency-by-Deposit
- Min investment
- $5K
- Program tier
- Permanent Residency
- Program type
- Investor Visa
- Initial validity
- 10 yr
- Renewable
- Yes
- Path to PR
- Immediate
- Path to citizenship
- 3 yr
- Schengen access
- Yes
Investment options
Business Investment
$70KSUACE business plan committing USD 70,000 in investment over 10 years (~USD 7,000/year). Funds are NOT required upfront; applicant submits a business plan to SUACE (Sistema Unificado de Apertura y Cierre de Empresas) showing intended spend. Grants direct permanent residency.
Bank Deposit
$5KLegacy temporary residency route via Dirección General de Migraciones — bank deposit in a Paraguayan bank (no statutory minimum, but >USD 5,000 is the accepted practical floor). Two-year temporary residency before applying for permanent residency.
Physical presence
Path to citizenship
- Available: Yes
- Minimum years: 3
- Physical-presence years: 3
- Language test: Yes
Naturalization after 3 years of permanent residency. Basic Spanish/Guaraní expected at interview. Recent enforcement (2024-2026) emphasizes effective ~9-month-per-year physical presence — earlier paper-only naturalizations are no longer reliable. Decision by judicial court, not the executive.
Tax implications
- Becomes tax resident automatically: No
- Worldwide income taxed: No
- Territorial tax system: Yes
- Day-count for tax residency: 120 days
- Wealth tax: No
Paraguay operates a strictly territorial tax system. Foreign-source income (dividends, capital gains, pensions, salaries earned abroad) is exempt regardless of remittance. Spending 120+ days at the same address triggers fiscal domicile presumption — relevant for those who want to be tax-resident; not a trigger for worldwide income tax.
Family inclusion
- Spouse: Yes
- Children under 18: Yes
- Dependent adult children: No
- Parents: No
Spouse and minor children included. Adult children typically must file separately. Each dependent submitted with own apostilled civil documents.
Additional fees
- Government fees: $2K
- Legal/agent (est.): $5K
Government, registration, and cedula fees roughly USD 1,000-2,000. Agent/legal fees typically USD 3,000-8,000 for end-to-end SUACE filing. Notarization and apostille costs additional.
Eligibility requirements
- Age 18+
- Clean criminal record from home country (Interpol clearance + national police)
- Health certificate from a Paraguayan medical center
- Apostilled birth certificate; marriage certificate if applicable
- SUACE-approved business plan (for investor route)
- Proof of legal source of funds
Disqualifiers
- Prior criminal convictions
- Active immigration ban
- Fraudulent documentation
Recent changes
- 2022
Old USD 5,000 fixed-term deposit route giving direct PR was replaced — direct PR now requires SUACE business-plan route.
- 2024
Enforcement of physical presence for naturalization tightened; courts increasingly deny citizenship for applicants with thin presence records.
- 2026
Marketing groups and aggregators (CitizenX, IMI) note Paraguay re-emphasized as a low-cost RBI; no statutory fee changes.
Notes
Cheapest globally-marketed RBI granting immediate permanent residency. Strong appeal for territorial-tax planners (US persons keep FATCA exposure regardless). Citizenship path is slower in practice than on paper; Spanish/Guaraní competency expected. Dual citizenship technically only allowed if home country has bilateral arrangement, but enforcement is loose.
Compare elsewhere
EasyPassport is a document-organization tool focused on citizenship by descent. This page is reference research, not legal or financial advice. Always verify with the official program authority.