How did Paraguay become the best South American residency option?
Published at: 12/01/2026 09:13 am
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Paraguay is considered the "last free country," according to its citizens and residents. Foreign-sourced income is tax-exempt, the people are friendly, and the cost of residency permits is affordable.
Paraguay is a country where you can rent a one-bedroom flat in a tower for $750 USD or a small house with a beautiful garden for $120 USD. The best restaurant in the capital city of Asunción offers a Brazilian-style "all-you-can-eat" dinner for $25 USD.
The number of applicants for residency permits in Paraguay grew by 50% last year. Paraguay offers solutions ranging from digital nomads to large businesses wishing to operate within the MERCOSUR zone.
Residency options in Paraguay
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Temporary residency: You can become a temporary resident if you arrive from a visa-free country.
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Permanent residency: After two years, Paraguay's temporary residents can apply for permanent status.
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SUACE residency by investment program: In exchange for an investment of $70,000 USD, investors can obtain a permanent residency permit for Paraguay.
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Movie Investment Cultural option for the Permanent Residency Permit of Paraguay: Discus Holdings Ltd has exclusive rights to support applicants in becoming permanent residents of Paraguay through a cultural investment of $40,000 USD. In cooperation with Deep Jungle Studios and INAP (Instituto Nacional del Audiovisual Paraguayo), it is a unique and limited opportunity to become a permanent resident of Paraguay.
How does the Cultural Investment option for Permanent Residency in Paraguay work?
Investors can contribute to the next documentary movie from Deep Jungle Studios and obtain shares in the project. The studio, registered in Paraguay, is the most well-known film crew in the Paraguayan documentary scene, with millions of viewers per month. In exchange for the investment, the applicant can become a permanent resident.
Do you want to become a permanent resident in Paraguay?
Contact our experts here and start your process, as the number of investors is limited for the cultural option.