Citizenship

The Paraguay passport might be an attractive option. As of 2022, it allowed visa-free or visa-on-arrival travel to 145 countries, ranking it at number 32 of all passports. Paraguay’s constitution allows dual citizenship on a reciprocity basis.

Theoretically, obtaining it three (3) years after the permanent residency is possible. In reality, the process lasts around three (3) years and there is no assurance that it will be granted. At this moment there is no citizenship by investment program that could facilitate the process.

Notwithstanding the above, we have successfully guided clients through the process and continue to do so these days when personal freedom and movement deteriorate progressively. Planning is today more important than ever.

The rules stipulate that an applicant needs to

• Reside three (3) consecutive years in Paraguay,
• Have some business ties or real estate or profession,
• Fiscal residence in Paraguay,
• Pass a written Spanish language test and
• Have a thorough knowledge of history, geography, etc.

Estimate – US$ 30,000 initial retainer fee per Applicant. Total fees may vary from US$ 70-100,000.