How to Make Friends and Build Community in Paraguay
Paraguay has been recognized as an attractive destination for people and families seeking a new beginning on the continent of South America. From a very simple residency process to the cost of living which is one of the lowest on the continent, this landlocked nation is a welcoming place for those who live abroad. If you're a digital nomad and retiree or seeking a slower pace of life, a move to Paraguay could be the life change you've been looking for.
In this comprehensive guide we'll walk you through everything you should know about Paraguay residency and the process of moving to the country, and how living in Paraguay is actually like expat paraguay.
What are the reasons to choose Paraguay Residency?
A Simplified Residency Process
Paraguay is known as having one of the best accessible residencies in Latin America. Unlike many countries with cumbersome procedures, Paraguay offers a streamlined pathway to permanent residency. Traditionally, this process was making a refundable deposit to the Paraguayan bank account, but recent reforms have eliminated the requirement.
In addition, applicants should:
A valid passport
A clean criminal record
Documents of civil nature, such as birth and marriage certificates, properly legalized
One local address located in Paraguay
After you have submitted your documents to the immigration authorities you can usually expect approval within a few months.
A Low Cost of Living
Living in Paraguay is comfortably within reach to most budgets. in the capital city, Asuncion the monthly costs for a single family member typically vary from $800 to $1,200 depending on your lifestyle. The cost of housing is comparatively low for renters; you can find a contemporary one-bedroom house in a great neighborhood in the range of $400 to $500 per month.
Utilities, groceries, and products are priced significantly lower than the prices you would pay for them in North America or Western Europe. For people living abroad, this means you can enjoy a good standard of living without the burden of high costs.
A Favorable Tax System
Paraguay's tax laws can be attractive to remote workers, entrepreneurs as well as retired people. Paraguay is the tax system of a territorial nature meaning that any income earned outside of Paraguay isn't tax-exempt from Paraguayan taxes. This makes it an excellent option if you run an online company, invest abroad or pensions from one of the countries you live in.
Path to Citizenship Path to Citizenship
After you've obtained permanent residence, you become eligible for Paraguayan citizenship within as little up to three years. Citizenship grants you the benefits of a Paraguayan passport, more right to travel within Mercosur group of trade, and a valuable second citizenship. Like many countries the naturalization process in Paraguay is fairly transparent and the government is supportive of permanent settlement.
Moving to Paraguay
- You must prepare your documents
Begin by collecting:
A valid passport
A birth certificate that is legalized through an Apostille
A marriage or divorce certification if appropriate
A recent police clearance document from the country in which you reside
The documents must be translated to Spanish by an official translator.
- Create a Local address
You'll have to provide the Paraguayan address in your application. Many expats rent an apartment for the initial duration of their stay while others prefer long-term hotels or furnished rentals until they settle down.
- Submit Your Residency Application
Send your application in Paraguay's National Immigration Department. In addition, you'll undergo a medical exam and be fingerprinted. If you're working with a local immigration attorney or facilitator, they'll guide you through each step, and aid in tracking your application progress.
- Obtain Your Residency Card
After approval, you'll be issued an official Cedula (residency card) is your ID official in Paraguay. The Cedula card gives users the option to reside working, work, and even open bank accounts in the country.
Living in Paraguay The Day-to-Day Life in Paraguay
Housing
Paraguay has many housing options, ranging from contemporary housing in Asuncion to large homes in suburban and rural regions. Many expats prefer neighborhoods like Villa Morra and Carmelitas, which combine safety, amenities, and walkability.
If you prefer a quieter environment, consider smaller cities like Encarnacion or Ciudad del Este, where real estate prices are even lower.
Healthcare
Healthcare in Paraguay is a combination of public and private services. Although it is a public service readily available to residents, most expats opt for private clinics and hospitals due to their higher standards of treatment and less waiting time. Health insurance plans are cheap and easily accessible, typically just a fraction the cost you'd pay elsewhere.
Transportation
Public transportation options include buses and taxis, but many foreigners find having their own vehicle much more convenient, especially in the capital. The driving experience in Paraguay is generally simple, however road conditions aren't always the same.
Language and Integration
Spanish is the most widely spoken language that is spoken in the country, and although English is widely used in professional environments, learning Spanish will make your life considerably more satisfying. Paraguayans are friendly and welcoming and even those with limited Spanish skills go a long way towards building connections.
Expat Community in Paraguay
The community of expats located in Paraguay is growing due to the stability of the economy and the relaxed pace of life. From forums on the internet to clubs for socializing in Asuncion you'll find plenty of opportunities to meet newcomers.
The most popular activities for expats are:
Exploring Paraguay's national parks
Historical sites to visit, like the Jesuit Missions
Sampling traditional Paraguayan dishes such as sopa paraguaya and asado
Key Advantages of Living in Paraguay
The Low Cost of Living You can live a relaxing lifestyle, without breaking the bank.
“Simplified” Residency There are few nations that offer an easier way to obtain residency.
Territorial Tax System Make the most of your income worldwide.
A Path for Citizenship It is a clear way to obtain a second passport.
Growing Economy: Opportunity in agricultural, services, and remote work.
Are you thinking of moving to Paraguay Is the Right Option for You?
If you are looking for peace of mind, warm weather as well as a peaceful lifestyle, Paraguay can be a good choice. It provides a unique combination of low tax rates, simple living, and modern conveniences, all set within a vibrant and culturally rich society.
When you're looking to retire or build your own business, or even begin another chapter in your life, Paraguay merits serious consideration. If you're prepared and a willingness to learn, you can be living your best life in South America's best-kept secret.
Ready to Take to the Next Level?
Start by gathering your documents as well as researching your neighborhood and networking with fellow expats. Soon, you'll be on your way from living abroad in Paraguay and reaping the benefits that come with the beautiful country of Paraguay as your new home.