Paraguay is Latin America's best-kept secret for expats seeking a low-tax, low-cost destination. The country operates on a territorial tax system (only local income is taxed), permanent residency is obtainable in 3 months, and the cost of living is among the lowest in South America. Asunción is a modern, safe capital with a growing expat community.
Última actualización : March 2026 — Equipo editorial, eVisa-Card.com
| Capital | Asunción |
| Currency | Paraguayan Guaraní (PYG) / USD |
| Language | Spanish, Guaraní |
| Monthly cost | ~$700–1,400/month |
| Visa Type | Details |
|---|---|
| Permanent Residency (Residencia Permanente) | Paraguay's flagship path: deposit $5,500 in a Paraguayan bank + monthly income proof of $1,250 (or pension). Permanent residency issued within 60–90 days. No minimum stay requirement once obtained. |
| Simple Residency (Residencia Simple) | Temporary residency via employment, business or investment. Path to permanent residency. |
| Jubilado (Retiree) | For retirees with a pension of $1,250/month. Permanent residency. Popular with North American and European retirees. |
| Investor Visa | Investment in Paraguayan business or real estate. No strict minimum but typically $70,000+ demonstrated. |
| Visa-Free Entry | US, EU, UK and many other nationalities: 90 days visa-free. Renewable with a short border run. |
Paraguay's public health system (IPS — Instituto de Previsión Social) covers registered workers and their families. Quality is inconsistent — good in Asunción, very limited in rural areas. Emergency hospitals are available but often overcrowded.
Private hospitals in Asunción provide the best care: Hospital Bautista, Centro Médico La Costa, Hospital Adventista. Quality is acceptable for routine and moderate care, but complex procedures may require travel to Brazil or Argentina. Costs are very low by international standards.
| Service | Cost |
|---|---|
| Private GP consultation | $30–60 |
| Specialist consultation | $50–120 |
| Emergency room (private) | $100–400 |
| Hospitalisation (private, per night) | $200–600 |
| Dental cleaning | $30–60 |
| Major dental work | 40–60% cheaper than US |
Private health insurance is not required for residency in Paraguay. However, given the limitations of the local healthcare system for serious conditions, international health insurance is strongly recommended.
A Paraguayan bank account is required for the residency deposit ($5,500) and for daily transactions. The process is relatively straightforward compared to other Latin American countries.
Paraguay has no restrictions on foreign property ownership. The market is extremely affordable — land and properties in Asunción cost a fraction of comparable Latin American cities. The legal process is straightforward.
| Item | Cost |
|---|---|
| Property transfer tax | 1.5% of sale price |
| Notary fees | 1.5–2% of sale price |
| Property Registry fee | ~$200–500 |
| Annual property tax (IBI) | Very low — typically $100–500/year |
| Agent commission | 3–5% (paid by seller) |
This guide is researched and maintained by the editorial team at eVisa-Card.com. Última actualización : March 2026. Always verify current requirements with official government sources and consult a licensed professional before making major decisions.
Editorial Team — eVisa-Card.com
Expat guides written by travel experts, immigration specialists and expats with first-hand experience in Paraguay.
✔ Verified information ✔ Updated March 2026 ✔ Official sources cited