Paraguay Relocation: $150,000 Investment Grants Residency; Family Rules Pending

Paraguay has opened a residency-by-investment route that grants permanent residency straight away, rather than after a period of temporary status. The Paraguay Investor Pass was introduced on 16 April 2026 by the country's Ministry of Industry and Commerce and the Dirección Nacional de Migraciones, with a minimum qualifying investment of USD 150,000.

The programme is intended to bring foreign capital into the Paraguayan economy, and it offers three investment routes. The authorities have not yet published full guidelines on it, and further clarification from the official bodies is still awaited.

Key facts

• Launched on 16 April 2026 by the Ministry of Industry and Commerce and the Dirección Nacional de Migraciones
• Grants direct permanent residency to the main applicant
• Investment routes: approved tourism projects, Paraguayan real estate, and securities listed on the Paraguayan stock exchange
• Minimum investment of USD 150,000 for tourism projects; USD 200,000 for real estate or listed securities
• Permanent residents must enter Paraguay at least once every three years
• Citizenship can be granted after three years of permanent residency if legal requirements are met

What are the investment options?

Applicants choose one of three qualifying routes. An approved tourism project requires the lowest threshold, at a minimum of USD 150,000, and qualifying investments can be made in development projects.

The two other routes each require at least USD 200,000: securities listed on the Paraguayan stock exchange (Bolsa de Valores), described as a passive option with no direct involvement required, or Paraguayan real estate.

Who can apply?

The main applicant must be at least 18 years of age and have a clean criminal record. To keep permanent resident status, investors must enter Paraguay at least once every three years — in practice, a visit of at least one day within a three-year period.

How does this differ from the SUACE route?

The Investor Pass is described as an expansion of Paraguay's existing SUACE residency route rather than a replacement for it. SUACE required a productive investment of USD 70,000 together with a business plan and the creation of five jobs. The new framework broadens the eligible investment categories to tourism, real estate and securities.

Can family members be included?

There are no official guidelines yet on including family members under the programme. Under standard Paraguayan immigration law, dependants who can be included are the spouse, children under 18 and dependent children of any age, and dependent parents.

Until the rules are published, family members may be required to apply through a separate temporary residency process. The programme therefore may not suit applicants seeking to include relatives in a single application.

Tax and citizenship

Under Paraguay's territorial tax system, foreign-source income is not taxed; income generated in Paraguay is taxed at a flat rate of 10%. Permanent residency can lead to citizenship after three years, provided the legal requirements are met.

The route does not provide visa-free access to the European Union.

What this means for travellers

Investors considering the route should confirm their chosen investment meets the relevant threshold before committing funds, and keep in mind the requirement to enter Paraguay at least once every three years to preserve permanent resident status. Anyone planning to bring family members should check whether official guidelines on inclusion have been published before relying on the standard immigration law provisions.

The programme still requires further clarification from the official authorities, including on family inclusion, so more detailed rules are expected.