| Permanent Residency via Solvency — Residencia Permanente / Pensionado — Ley N° 6984/2022 (New Migration Law, replacing Ley 978/96) and Resolution DNM N° 407/2026 |
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| $1,200/mo. Qualifying income: Pensions or dividends. |
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| Spouses: Your legally married partner (requires an apostilled marriage certificate).Minor Children: All biological or legally adopted children under the age of 18.Adult Children (18 to 25): Eligible only if they are full-time university students and financially reliant on you.Dependent Parents: Elderly parents can qualify if you prove they live with you and rely on your income |
| Territorial taxation; income tax up to 10%. Wealth tax: None. Inheritance tax: None. Retiree benefits: Territorial tax — 0% on foreign-source income; 10% flat PIT on local income; no wealth or inheritance tax. |
| 3 (naturalisation, from permanent-residency admission; ~5 yrs total incl. the 2-yr temporary phase). Time spent on this visa counts toward the residency requirement for naturalisation. |
| Conditional (legally only with Spain and Italy). Officially, Paraguay recognizes dual nationality only by constitutional reciprocity or international treaty. Spain has such a treaty (in force since 1960); Italy is sometimes cited, but its current implementation status should be verified. In practice, naturalized Paraguayans are typically not required to demonstrate renunciation of their prior citizenship, and most applicants keep both passports. Your home country’s rules decide whether you keep your original citizenship. |
