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Paraguay

South America, Americas

About Paraguay

Easiest South American residency with territorial taxation and very low costs.

Paraguay offers extremely easy residency (temporary in 1-2 months, permanent in 3 years) with minimal requirements. Very low cost of living and territorial taxation. However, infrastructure is limited, English rare, and it's landlocked without ocean access.

Country Overview

Key indicators to help you understand what life in Paraguay might be like

Cost of LivingExcellent

Healthcare QualityModerate

SafetyGood

English PrevalenceLow

Visa AccessibilityExcellent

Data last updated: 1/7/2026

Highlights

✓Permanent residency in ~3 years, temporary in months
✓Minimal financial requirements
✓Territorial taxation - foreign income untaxed
✓Extremely low cost of living
✓Path to citizenship and second passport

Considerations

!Limited infrastructure outside Asunción
!English very rare - Spanish essential
!Landlocked - no beaches
!Healthcare quality limited

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