
This video discusses how to apply for permanent residency in Paraguay. Empire Legal ( with its operations across the globe, helps people quickly apply and obtain their citizenship and residency in Paraguay. EMPIRE LEGAL, This 2 part video discusses Permanent Residence and Citizenship in Paraguay.
For part 1:
Paraguay has traditionally been regarded as the heart of South America, a land locked country located right in the middle of the Continent. With two thirds of the population of 7 million settled in and around the capital Asuncion, …the rest of the vast country of 400,000 square kilometres is sparsely populated. The country is bordered by Brazil, Uruguay and Argentina and like most South American countries; Spanish is one of the official languages. An extremely stable country, Paraguay follows a democratic pattern of Government. On demographic parameters, the country also has a decent per capita income, a very high literacy rate and high life expectancy.
With a Passport ranked at 32, the benefits of Paraguayan Permanent Residence and Citizenship are immense. The Paraguayan passport enables you to undertake visa free travel to more than 132 countries including the Schengen area, UK and Japan. It is expected that USA will also allow visa free access in the near future in line with its policy to align with South America.
Paraguay is an ideal destination among the South American Countries as it has very cheap labour, surplus electricity and sufficient raw material. The country is also a member of the regional trade agreement MERCOSUR enabling free trade in the region. Paraguay is ranked 4th in terms of business environment among all South American Countries. Paraguay also has a very friendly tax system with both personal and corporate income taxes capped at 10%.
The first step to obtain Paraguayan Citizenship is obtaining Permanent residence in the country which will ultimately lead to citizenship.
To begin with, the Paraguayan Government encourages long term residency in the country to encourage development in the country.
Permanent Residence can only be obtained once the individual is within the country. This would generally mean that a visa needs to be secured for entry into the country. For US and EU citizens, Paraguay provides visa free access. For other citizens a visa may be required, so please check prior to your travel.
For applicants requiring a visa, an invitation needs to be obtained from a citizen of Paraguay which is approved by the Ministry of Foreign affairs. The application along with the invite is then submitted to the embassy and following a brief interview with the visa officer, the visa is issued within 15 days.
For Residency applicants, you will require a submission of a bank statement with a balance of around US$ 5000, a background check, your birth certificate, and your educational qualifications. In case, of family applications, your marriage certificate and the birth certificate of the children are required. Applications for Paraguayan Permanent residence can be made by any adult, no matter your background.
In Paraguay, the process of obtaining the Permanent Resident Card takes around 4-6 months and during that period you are free to travel back to your home country. Once you have obtained your Permanent Residence, you may apply for citizenship after 3 years, we recommend establishing roots and spending time in Paraguay before applying for Citizenship.
For further details on Permanent Residency, settlement and Paraguayan citizenship, please visit us at www.EMPIRE.LEGAL or by clicking the link on the description box below.
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