What if I apply today but the application is not finished by the end of the year, will they decline it?
Permanent residency in Paraguay
- Thread starter Aleksander Paragvaets
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Applications only take less than a month to completed with the right immigration specialist but I wouldn't let these rumours scare you.
Based on my info, the waiting time from the moment your application for permanent residency has been accepted is around 3-6 months - as in Do It Yourself style that I prefer doing. I was told that it is very unusual that - once accepted - the application is rejected. All my info comes directly from the personnel at Migraciones Paraguay and/or immigration lawyers and consultants here in Paraguay.
Greetings!
I want to ask for a favor. I am interested in acquiring permanent residency in Paraguay for my family, and want to get the residency work done quickly. As my Spanish is quite limited, I am looking for help on the ground. I have a couple of quotes, but I am a little turned off by the slow interaction. Do you have a favorable recent experience dealing with a law firm or a helper on your Paraguay permanent residency application and care to share its contact information with me?
Thank you in advance!
I want to ask for a favor. I am interested in acquiring permanent residency in Paraguay for my family, and want to get the residency work done quickly. As my Spanish is quite limited, I am looking for help on the ground. I have a couple of quotes, but I am a little turned off by the slow interaction. Do you have a favorable recent experience dealing with a law firm or a helper on your Paraguay permanent residency application and care to share its contact information with me?
Thank you in advance!
I used Jeronimo Finestra. He has︀ mixed reviews from what I hear but his associate does most of the work and︁ it all got done in a few days.
A few tips:
Bring a minimum of︂ $6000 in new $50 or $100 USD bills - the 100s have to have the︃ blue security ribbon and the 50s have to be the newest available.
When you arrive︄ at the ASU airport, BEFORE you go thru customs, look for the visa on arrival︅ kiosk and get a 10-yr multi-entry visa. As of 2 months ago, it cost $150︆ and they only accepted new 50 and 100 dollar bills. Then go thru customs. If︇ you miss it and you go thru customs first, you will have to leave the︈ country and return again to get the visa.
I had to find out the above︉ the hard way. I brought a LOT of 20s because the ATM in Central America︊ I got my USD from only gave 20s. They DID accept them at the bank︋ but not at the visa counter. Fortunately I had some new ones. From what I︌ hear, you cannot withdraw a lot of USD per day in Paraguay so you need︍ to bring it with you. I also hear trying to wire it is a pain.︎
My application was submitted 2.5 months ago so I haven't received the permit yet but️ everything was OK according to the official who accepted the application.
A few tips:
Bring a minimum of︂ $6000 in new $50 or $100 USD bills - the 100s have to have the︃ blue security ribbon and the 50s have to be the newest available.
When you arrive︄ at the ASU airport, BEFORE you go thru customs, look for the visa on arrival︅ kiosk and get a 10-yr multi-entry visa. As of 2 months ago, it cost $150︆ and they only accepted new 50 and 100 dollar bills. Then go thru customs. If︇ you miss it and you go thru customs first, you will have to leave the︈ country and return again to get the visa.
I had to find out the above︉ the hard way. I brought a LOT of 20s because the ATM in Central America︊ I got my USD from only gave 20s. They DID accept them at the bank︋ but not at the visa counter. Fortunately I had some new ones. From what I︌ hear, you cannot withdraw a lot of USD per day in Paraguay so you need︍ to bring it with you. I also hear trying to wire it is a pain.︎
My application was submitted 2.5 months ago so I haven't received the permit yet but️ everything was OK according to the official who accepted the application.
Do they only accept USD?
Or do they also accept EUR, GBP, AUD or any other currency?
Did you try to pay by card?
Or do they also accept EUR, GBP, AUD or any other currency?
Did you try to pay by card?
Immediate permanent residency in Paraguay has ended. Best option: 2 year temporary residency, then reapply for permanent. Gaceta Oficial
Not quite true, as per this link the permanent residency application for investors is still open. Here is the official link: Paraguay cuenta con una nueva y moderna Ley de Migraciones - .::Agencia IP::.
Furthermore, I have talked to Migraciones Paraguay today and the current applicants who already have received "Comprobante de Tramito de Solicitud" i.e. "confirmation of the application" are not affected by this law. (This includes me by the way).
What I learned that the new applications for a permanent residency will include work permit and could lead to a permanent residency. There is still a lot of things the staff at Migraciones︀ Paraguay was unaware of - feel free to message me with any questions. However, and︁ no question about it, it is going to be a lot harder to get the︂ residency than before.
Hope this helps.
Cheers
Thomas
Furthermore, I have talked to Migraciones Paraguay today and the current applicants who already have received "Comprobante de Tramito de Solicitud" i.e. "confirmation of the application" are not affected by this law. (This includes me by the way).
What I learned that the new applications for a permanent residency will include work permit and could lead to a permanent residency. There is still a lot of things the staff at Migraciones︀ Paraguay was unaware of - feel free to message me with any questions. However, and︁ no question about it, it is going to be a lot harder to get the︂ residency than before.
Hope this helps.
Cheers
Thomas
Correction:
"What I learned that the new applications for a permanent residency will include work permit and could lead to a permanent residency."
should be "What I learned that the new applications for a temporary residency will include work permit and could lead to a permanent residency."
My apologies
"What I learned that the new applications for a permanent residency will include work permit and could lead to a permanent residency."
should be "What I learned that the new applications for a temporary residency will include work permit and could lead to a permanent residency."
My apologies
This is not about Paraguay but Colombia - and it is relevant as of today. Colombia's 2-Year Digital Nomad Visa: What We Know [Aug. 2022]
Damn. I was supposed to do it earlier this year and ended up postponing to next month. I was about to buy the ticket and just saw this thread. It seems that with temporary residency you can have the national ID card though. I wonder if after getting the temporary you can leave the country without them knowing and come back back after 2 years for the permanent residency. ( the brazilian border is not controlled it seems, you can go through without passing by imigration).
One thing to keep in mind is that if you put most of your wealth into offshore entities, many︀ of south american countries becomes effectively tax havens as they don't have CFC rules. But︁ in the case of Brazil and Argentina, for example, this might change in the future︂ with their entry in OECD, and you will pay taxes on dividends. Also you will︃ have to fill annual taxes there, even if you don't have taxable income. And if︄ you want more privacy, those countries have CRS and a lot of information exchange treaties.︅ It's not something comparable to Paraguay.
I don't know anything about personal tax in Colombia︈ but I know that they have one of the highest corporate taxes in the world.︉ And the current president is a communist. Nothing can compare to the previous PR of︊ paraguay: territorial taxation, minimum presence, no CRS, stable and non-intrusive government and tax office, low-profile.︋
I will have a look at Uruguayan residency, as they also have territorial taxation and︌ have PR available to mercosur citizens.
One thing to keep in mind is that if you put most of your wealth into offshore entities, many︀ of south american countries becomes effectively tax havens as they don't have CFC rules. But︁ in the case of Brazil and Argentina, for example, this might change in the future︂ with their entry in OECD, and you will pay taxes on dividends. Also you will︃ have to fill annual taxes there, even if you don't have taxable income. And if︄ you want more privacy, those countries have CRS and a lot of information exchange treaties.︅ It's not something comparable to Paraguay.
I don't know anything about personal tax in Colombia︈ but I know that they have one of the highest corporate taxes in the world.︉ And the current president is a communist. Nothing can compare to the previous PR of︊ paraguay: territorial taxation, minimum presence, no CRS, stable and non-intrusive government and tax office, low-profile.︋
I will have a look at Uruguayan residency, as they also have territorial taxation and︌ have PR available to mercosur citizens.
I read that the program is still open until 12/31/2022.
Is that true? Can I still apply for permanent residency in December this year?
After approval, do I have to visit the country from time to time? Will my residency be cancelled, if I won't enter Paraguay every 5 years (or any other period)?
Is that true? Can I still apply for permanent residency in December this year?
After approval, do I have to visit the country from time to time? Will my residency be cancelled, if I won't enter Paraguay every 5 years (or any other period)?
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