Paraguay
PY · Latin America & Caribbean · #90
- Languages
- Guaraní, Spanish
- Currency
- Paraguayan guaraní (PYG)
In short
The passport reaches 130 destinations without applying in advance, 87 of them with no visa at all. Tax regime: Territorial. The top personal income tax rate is 10%. Its strongest flag is Passport, scoring 69 out of 100. We catalogue 2 residency routes here.
How to enter a country
Tourist entry
Enters visa-free, for up to 90 days.
Residency programmes
- Permanent ResidenceOwn income
One of the simplest and cheapest processes in South America.
Legalised documents and a local bank deposit
Citizenship in ~3 yearsOfficial source - Mercosur ResidenceWork
A streamlined route for nationals of the bloc.
Nationality of a member state and legalised documents
Citizenship in ~3 yearsOfficial source
Curation compiled on 2026-07-26. Immigration rules change without notice - confirm at the official source before deciding anything.
My profile
Passport69
Tax residency64
Business67
Assets30
Lifestyle49
Passport mobility
Passport mobility130
Visa-free87
Visa on arrival38
Visa required37
Rule of law
Rule of law-0.582024
Political stability-0.072024
Control of corruption-1.022024
Government effectiveness-0.352024
Regulatory quality-0.142024
Corporate tax
Corporate tax10.0%2023
Tax regimeTerritorial2026
Top personal rate10.0%2026
Days to tax residency1202026
GDP per capita$7,0272025
Life expectancy74.02024
Internet usage81.6%2024
Inflation4.0%2025
HDI0.7562023
Education (PISA)3602022
Corruption perception (CPI)242024
Global peace (GPI)1.8822026
Big MacNo data
Big Mac affordabilityNo data
Unemployment4.8%2025
Price level
Price level0.352025
Homicides6.82023
Air pollution15.32023
Health spending$5272023