Skip to main content
PY flag

Paraguay

PRY

Paraguay is a landlocked South American nation known for offering one of the world's most straightforward residency pathways and a pure territorial tax system — foreign-sourced income is entirely exempt from Paraguayan tax. Permanent residency can be approved in as little as 30–60 days with minimal bureaucracy: applicants must show proof of income (roughly USD 1,300/month) or a modest bank deposit, submit a clean criminal record and basic notarised documents, and appear in person for fingerprinting.

Naturalisation follows after three years of residency. The low cost of living, no minimum physical-presence requirement to maintain permanent residency, and a favourable corporate tax rate of 10% make Paraguay a compelling base for digital nomads, retirees, and entrepreneurs seeking a simple, low-tax foothold in South America.

Naturalisation
3 years
Tax system
Territorial
Currency
PYG
Dual citizenship
Allowed
Capital
Asunción
Region
americas
Population
7,356,000
Cost-of-living
28 /100
→ If you hold a Paraguay passport, see the Paraguay nationality guide

Passport Rank

#73

Visa-Free

124

destinations

Visa-free travel

A Paraguay passport has visa-free access to 124 destinations. See the full Paraguay passport breakdown →

Passports that enter Paraguay without a prior visa (71)

Visa-free, visa on arrival, or on an eTA.

Community-sourced (passport-index, synced 2026-08-18) — verify with the embassy before travel.

Immigrating to Canada from Paraguay

Current IRCC processing times for Paraguay nationals, by application type.

Visitor visa (outside Canada)24 days
Super visaNo processing time available
Study permitNo processing time available
Work permitNo processing time available
Sponsor a dependent childNo processing time available
Adopted child (citizenship)Not enough data
Government-assisted refugeesNot enough data
Privately sponsored refugeessponsor: Not enough data / refugee: Not enough data

Your application may take longer than the times shown here. They’re not a maximum or a guarantee.

As of 2026-09-22 (IRCC). See all Canada processing times →

Source: Immigration, Refugees and Citizenship Canada — “Check processing times”. This is a copy of the version available at https://www.canada.ca/en/immigration-refugees-citizenship/services/application/check-processing-times.html. Reproduced under the Government of Canada’s non-commercial reproduction terms; not endorsed by or affiliated with IRCC.

Sources & last verified

Government of Canada — non-commercial reproduction (canada.ca Terms and conditions)

Country Details

Capital
Asunción
Currency
PYG
Languages
Spanish, Guaraní
Population
7,356,000
Tax System
Territorial
Dual Citizenship
Allowed
Naturalisation
3 years
Schengen / EU
No
Climate
Subtropical; hot, humid summers and mild winters; occasional frosts in the south
GDP per capita
$7,027
Life expectancy
73.98 yrs
Population growth
1.2%/yr
Territorial Taxation
Yes — foreign-sourced income may not be taxed

GDP per capita, life expectancy, and population growth: World Bank (2025).

Indices

Cost of Living

28

Safety

45

Healthcare

42

Quality of Life

118

Tax Summary

Tax System
Territorial
Territorial Taxation
Yes — foreign-sourced income may not be taxed
Naturalisation
3 years of legal residency
Dual Citizenship
Allowed

Cost of Living by City

← scroll the table →

Monthly cost of living per major city in USD: rent, groceries, utilities, transit pass
CityRent 1BR centreRent outsideGroceriesUtilitiesTransit pass
Asunción————$18
Ciudad del Este————$15
Encarnación————$16

Monthly USD figures. Typical central 1-bedroom rent, grocery basket for one, household utilities, monthly transit pass.

Climate

Asunción

28°J
27°F
26°M
23°A
20°M
17°J
17°J
19°A
21°S
23°O
25°N
27°D

Rainfall range: 45–175 mm/month · Daylight 10.6h (winter) to 13.7h (summer)

Visa Categories & Immigration Authority

Major Visa Categories

  • Tourist
  • Temporary Residence
  • Permanent Residence
  • Mercosur
  • Investor SUACE
  • Family
  • Student
  • Worker
Authority
Dirección General de Migraciones (DGM)
Official Portal
www.migraciones.gov.py

Naturalisation Details

Residence Years
Language Test
Yes (level n/a)
Civic Test
No
Oath Required
No
Dual Allowed
Yes
Fee
$250
Processing
~18 months

Safety

GPI Rank

#72

Global Peace Index ranking (lower is safer)

Common Risks

  • ⚠Currency exchange short-changing near Ciudad del Este markets
  • ⚠Fake police officers demanding documents and fines from tourists
  • ⚠Overcharging taxi drivers targeting foreigners at Asunción bus terminal

Regulators & official sources

Bodies that regulate immigration advice in Paraguay, and the official sources indexed for it by Visa Atlas. Descriptions are verbatim; each links to its source.

Corte Suprema de Justicia (Paraguay)

Corte Suprema

Oversees the legal profession in Paraguay. There is no dedicated immigration-adviser regulator; representation is by licensed attorneys.

Sources & last verified

Index from Visa Atlas (CC BY 4.0), as of 2026-09-20.

Related Guides

Related on The Citizenship Desk

Sources & last verified

  • Last verified