In the competitive world of citizenship-by-investment, certain countries steal the spotlight with glossy brochures and premium-priced passports.
But behind the scenes, a quieter, more pragmatic player has been steadily gaining attention from global entrepreneurs, high-net-worth individuals, and freedom-seeking families.
That country is Paraguay.
With a minimum investment of just $70,000, one of the fastest tracks to citizenship in South America (only 3 years), and a tax system that exempts all foreign income, Paraguay offers a highly compelling alternative to traditional investment migration programs.
This isn’t a flashy “buy a passport” scheme, it’s a legitimate, sustainable path to a second citizenship through business investment and real integration. And for those willing to engage with the process, the long-term benefits, economic freedom, personal security, and generational planning, are profound.
If you’ve been exploring second citizenship options, you’ve likely encountered costly programs in Europe or the Caribbean. But there’s one country quietly offering an exceptional deal, Paraguay.
With a minimum investment of $70,000, fast-track permanent residency, and citizenship after just 3 years, Paraguay has become one of the most affordable and efficient routes to a second passport in the world.
Add to that territorial taxation, no wealth or inheritance taxes, and an incredibly family-friendly policy, and it becomes clear: Paraguay offers one of the most underrated citizenship-by-investment pathways available in 2025.
Paraguay doesn’t sell citizenship outright. Instead, it offers permanent residency through investment, which serves as a bridge to naturalization after a short qualifying period.
The key advantage? Investors are granted permanent residency immediately, bypassing the 2-year temporary stay required in most other cases. From there, the clock to citizenship begins, just 3 years of residency are required before you can apply.
This is one of the lowest thresholds globally, and the investment can be staged over a 10-year period. However, most investors frontload the funds to show credibility and get quicker processing.
All investments must contribute to the local economy and be accompanied by a legitimate business plan.
To apply, you’ll need:
Residency is valid for 10 years, and there's no minimum stay requirement, as long as you don’t leave Paraguay for more than 3 consecutive years.
After obtaining permanent residency, the path to citizenship begins:
Expect 6–12 months for naturalization approval once you apply.
Dual Citizenship: Can You Keep Your Current Passport?
Officially, Paraguay allows dual citizenship only with select countries (e.g. Spain, Italy). However, in practice, renunciation is rarely enforced. If your home country allows it, you’ll likely be able to keep both.
Paraguay runs on territorial taxation, meaning:
You qualify as a tax resident with just 120 days/year in Paraguay.
This makes Paraguay especially attractive for:
The $70,000 investment covers:
Each dependent applies separately but under the same umbrella investment, no extra investment required.
Citizenship clocks start individually for each family member upon receiving residency.
| Country | Min Investment | Time to Citizenship | Tax System | Best For |
| Paraguay | $70,000 | 3 years | Territorial (0% foreign) | Entrepreneurs, families |
| St. Lucia | $100,000 | 4–6 months | No tax benefits | Fast Caribbean passport |
| Turkey | $400,000 | 1 year (CBI) | Global tax | Real estate + regional access |
| Portugal | €250,000 | 5 years (residency) | Global tax | EU access, long-term planning |
| Uruguay | N/A | 5 years | Worldwide tax | Relocation & retirement |
Paraguay's citizenship by investment program isn’t for everyone. But if you’re:
…then Paraguay may be one of the best-value investment migration options in the world.
If Paraguay sounds like a fit for your goals, here’s how to begin your journey—step by step.
Start by speaking with a migration advisor or legal expert experienced in Paraguay’s SUACE program. They can:
We recommend working only with advisors who have on-the-ground connections in Paraguay and a proven track record with investor clients.
If you're considering Paraguay, one of the smartest ways to start is through CitizenX, a secure and private platform that combines Swiss engineering with 24/7 concierge support. As they put it: “Invest in your citizenship. Become truly free.”
With CitizenX, you can speak directly to a migration advisor or legal expert experienced in Paraguay’s SUACE program. They’ll help you:
CitizenX works exclusively with professionals who have deep, local connections in Paraguay and a proven track record assisting international investors.
You’ll need time to gather, apostille, and translate essential documents (e.g. police records, marriage certificates, proof of funds). These can take weeks or months to process depending on your home country.
A licensed attorney in Paraguay will assist with compiling and submitting your SUACE and residency applications once your documents are in order.
Although you don’t need to live in Paraguay to maintain residency, we strongly recommend visiting at least once:
This trip will also help demonstrate intent and economic presence, which are useful during your future citizenship application.
Whether you're starting a new company, acquiring property via a corporation, or investing in an existing business, this step will formalize your economic contribution to the Paraguayan economy.
Your SUACE registration and investment approval are essential for securing permanent residency.
Once your investment is verified and your documentation is complete, your legal team will submit your application to the National Migration Directorate.
Approval typically takes 1–3 months. Once approved, you’ll receive your 10-year ID card (Cédula), your official proof of permanent residence.
To qualify for citizenship:
Use this period to build your life and credibility in Paraguay, it will make the citizenship process smoother and more defensible.
After three years of residency, you can apply for citizenship through the Paraguayan Supreme Court.
You’ll need to:
Once granted, you’ll obtain your Carta de Naturalización, followed by your Paraguayan passport.
If you’re serious about securing Paraguayan residency and citizenship, our team of regional legal experts and migration strategists can guide you from start to finish.
Contact us today to:
We’ll help you navigate every step of the process, ethically, efficiently, and with your long-term freedom in mind.
Your second citizenship is closer than you think. Start building it in Paraguay.
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