Obtaining residency in this beautiful country, Paraguay, not only allows you to enjoy its culture, landscapes and food, but will also provide you with countless opportunities. business and labor as well as the tax residency to have your RUC active to do an activity in the country whenever you want with low taxes.
However, the process of obtaining residency in Paraguay can be complicated and tedious if you do not have the proper advice. In this article, we present a practical guide to obtain residency in Paraguay quickly and efficiently with our help.
In recent years there has been a strong demand from foreigners interested in living in Paraguay, either to make a living or optimize their taxes, open a company and have an activity in the country or have a business in Paraguay. Offshore company as LLCs and hold on to the territorial taxation i.e. to pay 0%. So I will tell you the requirements you need to obtain the residency in Paraguay.
Benefits of living in Paraguay
I want to give you a quick summary of the benefits without digressing from the topic of the residency.
Weather
If you like warm weather, Paraguay has a tropical climate and there is no winter, summers are hot.
Economic country (Accessible)
It is surely in the top 5 of the cheapest countries in Latin America, so it is not a problem to enter and start a new life, here you have the course of the first ones days in Asunción.
Friendly People
Paraguay stands out for its genuine hospitality and friendliness of the people, which makes it a must-visit destination for those seeking to immerse themselves in a welcoming and peculiar culture that welcomes people from abroad with open arms as long as they are well behaved.
Business - Investing
Paraguay is often overlooked as a potential center for business and investment, but it is this rapidly developing nation that offers a wealth of opportunities for entrepreneurs and investors alike.
It makes things easy for enterprising people with low taxes, let people seek to do business in the country.
Taxes
Paraguay is not complicated, it is a center right country and promotes the work culture, taxes are low if you want to pay in the country a 10% VAT, 8-10% IRP, and 10% to companies, you can even pay no taxes if your source is foreign because it is a country with territorial taxation which means that you pay only the activity generated in the country, the activity outside is exempt.
Foreign source taxes
Paraguay is a country of property taxes This means that only what is considered a Paraguayan source is taxed, if the entire movement is outside the country, you are not taxed in the country. en to 0%.
Requirements for Paraguayan residency
In your home country:
Currently it is quite simple to obtain this residency and there are few requirements you need to have from your country of origin:
- Passport and/or ID card
- Birth Certificate with apostille.
- Criminal record with apostille.
- Married or divorced or widowed (only if you are) with apostille.
This are the requirements, the last requirement if it is single does not require the latter document.
All of these documents must then be legalized with the Apostille of the beech tree, it is apostilled and that's all. Almost all Spanish speaking countries have this apostille if you do not have to legalize it at the Paraguayan consulate in your country.
Obtain residency in Paraguay:
Once you have obtained the above requirements, you can come to Paraguay and get different certificates in the country which is more bureaucracy, although many of them are very easy to obtain such as Interpol and foreign background.
You can do it on your own but I do not recommend it unless you have a trusted person in Paraguay who can advise you.
Me and my partner provide the complete service, including all the costs in the following video.
Do I need to prove solvency or education?
No, you don't need any of it, before October 2022 they did ask for it, but the law changed.
Tax residence
Having a tax residency is a certificate that indicates that you are legally resident in Paraguay, it allows you to formally pay taxes in the country.
We help you to...
OBTAIN PARAGUAYAN RESIDENCYY
What do I need to have tax residency?
Residency + Paraguayan Cedula.
The residency allows you to be in the country legally and the Cedula would be the DNI of Paraguay the 2 things is the complete residency, which is the big step to be tax residents.
Once you have the Paraguayan ID card (DNI), you have to apply for your RUC which is your tax ID, you get it in 3 days, and then apply for tax residency before the SET (Treasury of Paraguay). Don't worry, if you ask us to do it, we will apply for you.
Temporary Residence or Permanent Residence
From October 2022 there is an advantage and a disadvantage.
- The advantage that you can obtain residency very simply with the above-mentioned documents, but the disadvantage is that it is a temporary residency that lasts 2 years, after that you apply for the permanent residency that must be renewed every 10 years, both have the same benefits, only the validity changes.
Temporary Residence
We first apply for this residency, which is valid for 2 years.
Permanent Residence
Once before the expiration of the temporary residency you can apply for permanent residency, which is valid for 10 years.
Remember that you can also continue renewing for the temporary one if you wish.
When can I apply for permanent residence?
Once your temporary residency card is about to expire, you can apply for it 3 months before or after it expires, but you must be careful not to let it expire, otherwise you will not be able to apply for permanent residency and you will have to apply for the temporary residency card again.
How long does residency in Paraguay take?
Normally it takes 6 months with the cedula or in some cases more, but with our service it can be much faster.
Congratulations on the content of your website. It is of great value. I intend to spend some time in Paraguay. I will surely take the first steps course and you also comment that you are updating it and that questions can be asked.
Great Juan, yes I recommend it whether you come for 1 week, months or stay in the country. From the end of November the price of the course will increase, so I recommend you to contemplate it soon. Greetings!
Good how can I do my daughter (Argentinean) with a Paraguayan mother and has been a resident for 10 years or when she was a minor and now to renew the card they ask her for an immigrant card and ask her to do all the steps as if she were going to relocate again, is that possible?
Hello,
I don't know very well what you have been asked to do, but the renewal is not the same steps as the first time.
Greetings!
Hello I am Argentinean when I was born my mother brought me here I have my DNI I had two recognized children and now I need to get their ID cards and they ask me for a residence card how can I do it.
Hi Maria,
contact me at alejandrovivirparaguay@gmail.com