🇵🇾 Paraguay Residency

Paraguay offers a residency-by-investment program through the SUACE system, enabling foreign investors to obtain permanent residency by committing to business development in the country. Key points include:

• Introduced in the 1950s, Paraguay's permanent residency has become one of the most competitive options in South America.

• Residency Privileges: Freedom to live in Paraguay indefinitely, access to social benefits, and the ability to open bank accounts, receive medical care, and pursue education.

• Path to Citizenship: After three years of residency, investors can apply for Paraguayan citizenship without relinquishing their original citizenship.Visa-free access to 113 countries.

• Tax Advantages: No territorial Tax; a flat 10% rate for VAT, corporate, and personal income taxes.

• Business Opportunities: As a member of MERCOSUR, Paraguay offers access to free trade with countries like Argentina, Brazil, and Uruguay