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Paraguay

South America, South America

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 LivingBelow Average

Healthcare QualityModerate

SafetyModerate

English PrevalenceLow

Visa AccessibilityGood

Data last updated: 1/26/2026

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

Visa Options

Available visa types for Americans looking to move to Paraguay

Investment Program (SUACE)

INVESTOR

Fast-track residency through business investment in Paraguay.

24 months

Path to ResidencyPath to Citizenship

Retirement/Independent Means Visa

RETIREMENT

Permanent residency for those with passive income or retirement funds.

24 months

$1,300/mo min

Path to ResidencyPath to Citizenship

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