Paraguay has introduced new requirements for obtaining investor status, under which foreigners can apply for permanent residency by investing at least $200,000 in real estate.
According to information published by the Paraguayan Cabinet, the reform is enshrined in Decree No. 0283/2026 and involves the introduction of the Investor Pass system, which allows investors to obtain permanent residency directly, bypassing the temporary status stage. The new rules formalize four main tracks for investors: industrial investments of $70,000 or more, real estate investments of $200,000 or more, investments in financial instruments of $200,000 or more, and investments in tourism projects of $150,000 or more.
A key innovation for the real estate market is that applicants will be able to apply for investor status not only after full payment for the property. For the first time, Paraguay allows applicants to apply for permanent residency after paying just 30% of the property’s value, provided the transaction is formalized through a notarized purchase agreement and the commitment to pay the remaining amount is confirmed.
In effect, this means that Paraguay offers one of the most flexible investment migration models in South America. Unlike many programs that require full capital investment before status is granted, the Paraguayan scheme allows investors to join a project during the construction or design phase, thereby lowering the entry barrier for investors.
For the real estate market, this model could become an additional driver of demand from foreigners seeking both immigration status and investment opportunities in a relatively affordable market.
Paraguay is a landlocked country in central South America. The country borders Brazil, Argentina, and Bolivia, and its capital is Asunción. Paraguay is traditionally considered one of the most affordable countries in the region in terms of cost of living and doing business, and its economy relies on agriculture, hydropower, trade, and the processing of agricultural products.
