UGLOBAL . COM 93
It ' s the world ' s largest green energy exporter and is an agricultural powerhouse - a major producer of staple foods like beef , soybean , and fruit . With one of the world ' s largest supplies of fresh water , Paraguay is the kind of place to be in times of crisis or conflict .
Unlike its neighboring nations , Paraguay doesn ' t face the same level of political turmoil and security risks . While no place is entirely devoid of danger , Paraguay is a safe and reliable destination for those seeking a peaceful getaway . On the other hand , the Paraguayan capital , Asuncion , is a world capital city with a cosmopolitan culture and a growing international business community .
EASY STRAIGHTFORWARD PROCEDURE
This is the pathway to Paraguay residency :
Temporary residency : temporary residency can be obtained in approximately 90 days . Paraguay allows first a two-year visa for temporary residency that after that period can be renewed into a ten-year permanent residency . After the collection and translation of documents , you may go to Paraguay for a few working days . After you receive your residence permit and cédula ( local ID ), an agent can help you with future steps such as opening a bank account , proof of
“ Unlike its neighboring nations , Paraguay doesn ' t face the same level of political turmoil and security risks .
” drawing a large initial amount towards the visa fees . In addition , Paraguay is a free market with a liberal economy , with many possibilities of investment and business and close between , making it a very attractive plan B .
NO PHYSICAL PRESENCE REQUIRED
A standout feature of Paraguay ' s residency program is the flexibility it offers regarding physical presence . Investors will need to stay a few days during the initial period of application , but during the residency period , there ' s no strict requirement for continuous presence . This means they can secure Paraguayan residency documents to have an official base while traveling .
GROWING TREND
Paraguay ' s residency program is not widely known outside the region , making it particularly enticing for HNWIs . As more individuals become aware of its advantages , this program is steadily gaining recognition . It ' s an excellent time for early adopters to secure their Paraguayan residency before the program reaches saturation . Paraguay ' s strategic location , connecting Latin American and North and Mid-American countries , further enhances its appeal .
In conclusion , Paraguay ' s residency program presents a unique blend of freedom , simplicity , affordability , flexibility , and investment growth potential . Obtaining Paraguayan residency has become an attractive choice for those who value ease , efficiency , and strategic opportunities when exploring global residency options . address , and tax residence . Your status as a local opens the doors to living , working , and establishing businesses in the country – but with no obligation to stay .
Important notice : the described process applies to nationalities who can access Paraguay visa-free . For citizens of countries that need a visa to enter Paraguay , the process is slightly different .
COMFORTABLE INVESTMENT AMOUNT
In the world of residency-by-investment ( RBI ) or socalled " golden visa " programs , Paraguay stands out for its affordability . Obtaining residency is a fraction of the cost of other golden residency programs worldwide .
DRAGANA ANDREYEV
Dragana Andreyev is PR manager at NTL Trust , a renowned wealth management company specializing in a holistic approach to business consulting and citizenship and residency by investment programs .
It is also an excellent entry point to diversify an investment portfolio with options for real estate , consulting , or establishing a family office or consulting business without