Paraguay Residency
A Paraguay residency is the most easily accessible residence on the global market today. No doubt. Obtaining temporary or permanent residence in Paraguay can subsequently lead to citizenship in Paraguay. Our team of Paraguayan lawyers can help you obtain Paraguay residency in a simple and quick way (a one-time 2-3 day visit to Asuncion), yes you hear right, even in 2025 it works this way with us. We will take care of everything for you.
What is Flag Theory and how to make your life more resilient, decentralized and sovereign? Flag theory benefits.
Why Paraguay residency
Territorial taxation
Foreign income is not taxed at all, and local income is taxed at a flat rate of 10%.
No minimum stay
No minimum number of days must be spent annually to maintain residency. In case of temporary residency you must enter territory for renewal or upgrade to Permanent residency (Resolución 1249 DNM). In case of permanent residency you have to enter territory for 1 day every 3 years.
Easy access to citizenship
A permanent resident may apply for a paraguayan passport after 3 years.
Crypto & capital friendly
Paraguay doesn’t tax your crypto gains or capital gains wealth (for companies outside Paraguay).
Bank anonymity
One of the last remaining sovereign nations is Paraguay. Paraguay never signed CRS (common reporting standard), their banking is opaque.
Plan B
It is always good to have a plan B in place. Have a second home and have a diversified set-up. “You can only buy insurance for your home when the roof isn’t already on fire.” The same applies for your life. Diversify your residencies to maintain global mobility for your family.
Six simple steps to obtain Paraguay residency:
Step 1
Documents
We help you to get all necessary documents from your home country – such as birth certificate, passport, criminal record from your home country, marriage certificate (if you are married). All documents must be with apostille. We can start the process with those documents providing them in advance to our lawyer team in Paraguay. Translation to Spanish is done in Paraguay from all languages that have a local translator in Paraguay. If the translator in Paraguay does not reside then the translation is done in home country. We can guide you in the whole process and organize all for you.
Step 2
Paraguay visit
You will arrive to Asuncion, Paraguay. We are able to help to organize all necessary government office visits and paperwork during one visit. We can provide you with some tips on where to stay. If you are planning to make a quick trip then we suggest to stay in hotel, if you plan to stay for longer period of time and get to know Paraguay we can suggest where to stay in apartments that are cheaper.
Step 3
Immigration office visits with lawyer
Our lawyers will pick you up on agreed date/time and will go through all the process and visiting all governmental offices with you and your documents. This normally takes 1 business day.
Step 4
Fly out
When visits are done you can fly out if you are in rush. Normally it is enough to make a 3- business day visit in Paraguay, just to be sure. If all goes well then all is done within 1 business day. But 2 extra business days are good to have.
Step 5
Waiting for documents
You already leaving with “residencia precaria” in your hands while waiting for your documents for temporary residence.
Normally it takes around 3-4 months to get the residency card. We have it done approx. in 30 – 45 days to receive immigration card. Then with immigration card our lawyers with power of attorney from you will arrange and apply for ID card (“cedula”) without your personal presence. To receive ID card it takes approx. another 30 – 45 days.
Step 6
Documents delivery
When documents are ready we can organize to send them with DHL courier to your address to the country you want or we will deliver your documents personally during your next visit in Paraguay. It is up to you to decide.
Now you became Paraguayan resident. Welcome.
Permanent Residence
After two years of temporary residence, you can renew and apply for a permanent residence permit, which is valid for another 10 years. For this you need to have a university degree or prove your usefulness (economic activity) in Paraguay. We can help you with this process after 2 years of temporary residence and make it very simple and straightforward for you without hickups.
Citizenship
After living in Paraguay for 3 years with permanent residence, you can apply for Paraguayan citizenship if that is your goal. This means that you will become a citizen and receive a Paraguayan passport.
The following conditions must be met in order to do so:
Live in Paraguay for 3 years with permanent residence, pass a Spanish and history test and have ties to the country.
Additional support and services
Tax registration & assistance
✅ We can help you with registration to the Paraguayan tax office (DNIT). And help to receive tax identification number RUC.
✅ We offer service to file monthly tax documents with tax office.
Mobile Phone tariff with international data, e-sim and Paraguayan phone number
We can help you to obtain post-paid plan for International data package with 30GB for South America, Central America, North America and Europe. You will receive esim with phone number +595… and unused data are credited to next month. Contact us and we can organize it for you without physical presence in Paraguay.
Driving license
✅ We offer a service to organize driving license in Paraguay in no time after “cédula” is being issued to you.
Concierge service
✅ Post mail receival and related operations (re-send, scan, shred, etc…) for yearly fee
Bank account
We can advise you on what bank institution to select and advise you on setting up a bank account.
Real Estate
We can advise you on real estate options in Paraguay. Plus we can get you great deals on apartments in Asuncion directly from developers without the need of real estate agency.
We can help you with purchasing own apartment (for personal use or as an investment) for a great price and provide you legal help with purchasing contracts.
Weapon license
You can obtain weapon licenses and legally own a firearm. We can help you with the process of registration.
Home country residency
If you are interested we can guide you on how to cancel your residency in your home country (that means you will still be citizen but not resident).
This step is not necessary (depends on your threat model why you want to have residency) but recommended if you want to get rid off unnecessary state social and health insurance payments.
Health insurance
We can advise you on what global health insurance options are on the market.
Simple process, we got you covered
Your own way
With our team
If the process will sound too complicated we are here to help you and organize it for you within short time frame and without complexities for you.