1. How does the process work?

You’ll apply for permanent residence in Paraguay by submitting your documents in person at the immigration office in Asunción. Our team handles all translations, notarizations, and legal formalities. After approval, you’ll receive your residency card and can apply for your Paraguayan ID (Cédula).

2. Do I need to live full-time in Paraguay?

No. That’s one of the main advantages. You only need to visit Paraguay once to submit your application and collect your documents. After that, there’s no residency requirement to maintain your status.

3. What are the main requirements?

  • Valid passport

  • Clean criminal record from your home country

  • Proof of income or financial means (usually a bank deposit around $5,000 USD)

  • Birth certificate and apostilled documents

We’ll provide detailed instructions and templates for each document.

4. Can my family apply with me?

Yes. Spouses and children can be included in the same application, and each will receive permanent residence as dependents.

5. How long does it take to get the residence card?

The entire process usually takes 6–8 weeks, depending on government processing times. Once approved, you’ll receive your residence card and can immediately apply for your Cédula (national ID).

6. What are the tax benefits?

Paraguay follows a territorial tax system, meaning you don’t pay tax on foreign income. Only money earned inside Paraguay is taxable. This makes it one of the most tax-friendly residencies in the world.

7. Can I get citizenship later?

Yes. After 3 years of residence, you can apply for Paraguayan citizenship and passport, one of the strongest in South America, granting visa-free access to the EU, UK, and most of Latin America.

8. Is this program legal and recognized internationally?

Absolutely. The Paraguay residence program is based on Law No. 978/96 and Decree No. 10426/2013, which allow foreigners to obtain permanent residence through financial solvency. All documents are processed officially by Dirección General de Migraciones in Asunción.

9. What happens if my application is delayed or denied?

We monitor every step with local authorities. In case of delay or denial, we’ll assist with corrections, re-submissions, or partial refunds of unused fees depending on the situation. Rejections are rare when documents are properly prepared.

10. Can I open a bank account in Paraguay?

Yes. As a new resident, you can open a personal or business bank account in local or USD currency. We guide you through the process and help you choose reliable banks that accept foreign residents.

 
The Passport Guide

Frequently Asked Questions

Clear answers for entrepreneurs and families pursuing second residency, citizenship, and strategic relocation — delivered with world‑class compliance and concierge execution.

1 What is The Passport Guide?

The Passport Guide is a boutique global‑mobility firm helping clients secure residency, second citizenship, and international banking access through compliant, efficient pathways (company formation, investment, descent, and—where lawful—birthright citizenship).

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2 Who do you work with?

Entrepreneurs, investors, remote professionals, and families seeking mobility, asset protection, optimized taxation, and better lifestyle options. We tailor strategies to nationality, timeline, and budget.

3 Is birth tourism legal, and do you support it?

We only operate within the law. In jurisdictions that grant jus soli (citizenship by birth) and explicitly allow non‑resident births, we coordinate compliant, ethical plans with hospital onboarding, local registrations, and post‑natal documentation. We do not assist with misrepresentation at borders or unlawful intent.

4 Which regions do you cover?
  • Latin America: Argentina, Paraguay, Uruguay, Chile, Brazil
  • Middle East: UAE and select GCC options
  • Europe: Spain, Italy, Portugal, Malta (varies by program)
  • Asia: Thailand, Philippines
5 Do you help with company formation for residency?

Yes. We arrange LLC/LLP incorporation, local directorships (where appropriate), tax IDs, and banking introductions to support residency tracks that require economic activity or investment.

6 What are typical costs?
  • Residency programs: ~US$1,000–US$5,000 in professional & government fees
  • Citizenship by descent/birth: ~US$2,000–US$10,000 (country‑specific)
  • Investment programs: typically start at US$50,000+

We provide a fixed‑fee proposal after your assessment call.

7 How long does it take?

Most residencies complete in 2–6 months. Citizenship by investment averages 6–18 months. Birth citizenship is immediate for the child; parent residency may follow within ~90 days, subject to local rules and your documentation readiness.

8 Do you handle paperwork and translations?

Yes. End‑to‑end support includes document procurement, notarization, apostilles, sworn translations, and local registrations. Concierge options cover school enrollment, housing, and banking appointments.

9 How do I start?

Book an assessment call and complete our confidential intake. We review your goals and eligibility, then deliver a clear, country‑by‑country roadmap with timelines, costs, and compliance steps.

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10 What makes you different?

We blend legal rigor with operator experience. You get boutique attention, vetted local partners, and execution that respects your privacy, time, and regulatory risk profile.

11 Is my data secure?

Yes. We apply strict confidentiality, least‑privilege access, encrypted storage for sensitive records, and NDAs with staff and vendors.

12 Do you provide banking introductions?

Where appropriate, we coordinate bank/KYC appointments, compliance packs, and EMI/fintech options aligned with your country pathway and business model.

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