Residency
Temporary residency, then permanent residency after two years.
- Home
- Paraguay
Asunción, local time
Residency and company in Paraguay
One of the most accessible residencies in South America, a 10% tax rate and a territorial system. A low cost base, if you set it up properly.
10%corporate tax
8 to 10%personal income tax
2 yearstemporary residency, then permanent
Territorialmost foreign income untaxed
Is Paraguay right for you?
We would rather tell you now than after you have moved.
Built for you if
- You want a second residency as a plan B
- You travel much of the year and need a credible tax home
- You want low living costs in a South American time zone
- You sell services to clients abroad
Probably not, if
- You need the banking reputation of an EU or US company
- You want a tax home without spending any time there
- You cannot travel to Asunción for the application
What we arrange in Paraguay
Everything you need to live and work there, arranged in one plan.
Six partsOne team.
One team.
One fixed fee.
On the ground, and in your tax position at home.
Book a strategy callCédula and RUC
Your Paraguayan identity card and tax number.
Paraguayan company
A sociedad anónima or EAS, with local representation where required.
Tax residency certificate
For use toward your home country and banks, once you qualify.
Local bank account
Personal and corporate accounts at a Paraguayan bank.
Bookkeeping and filings
Monthly VAT, annual IRE and IRP returns, handled locally.
How it holds up at home
A residency card is not an exit. If your home, family or work stay in your home country, so does your tax residency. We use Paraguay for clients who genuinely leave, and document that departure so it holds.
Timeline
Indicative. Your plan gives the dates for your situation.
- Plan and apostilled documents
- Application in person in Asunción
- Residency card and cédula
- RUC, bank account and company
Free ebook
Paraguay for EU citizens
Everything you want to know before you move to Paraguay. Written by our advisors, updated for 2026.
- How the tax system in Paraguay works, in plain language
- What happens to your foreign income and your company
- How you move, register and become tax resident, step by step
Questions about Paraguay
Not listed? Ask it on your strategy call.
Do I need to live in Paraguay?
Residency requires an in person visit for the application and later steps. Tax residency in Paraguay, and the certificate that proves it, require that you actually spend time there.
Is foreign income taxed in Paraguay?
Paraguay mainly taxes Paraguayan-source income. Some foreign investment income, such as interest and dividends, can be taxable for residents. We map your income streams before you move.
How long does it take?
Expect two to four months from collecting documents to receiving your residency card and cédula. Permanent residency follows after two years of temporary residency.
What does it cost to live there?
Asunción is among the lowest cost capitals in South America. For most clients the structure costs more to set up than the living costs to maintain.
Often combined with
Most structures use more than one country or company.
Know in one call which structure fits you
You speak directly with an advisor. You get an honest answer, including when that answer is to stay where you are.
- Free, with no obligation
- Pick a time that suits you, straight in the calendar
- A written structure plan with a fixed fee
Your first call
Roman Basaky
Relocation Consultant
Book a strategy call
Opens Roman's calendar. Pick a time that suits you.