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.
According to the Relocation project, the Paraguayan government has launched the new Paraguay Investor Pass program, which allows foreign investors to obtain permanent residency directly, without a prior temporary residency phase. According to the country’s official authorities, the program offers several investment options. To obtain permanent residency, foreigners can invest $150,000 in tourism projects or $200,000 in real estate or the Paraguayan stock market.
The program will be administered through the SUACE single-window system under the Ministry of Industry and Trade. Most of the procedure has been digitized, while in-person visits will be required primarily for obtaining an identity card.
The Paraguayan government expects that the new scheme will increase the country’s appeal to foreign capital and simplify the relocation of investors interested in launching or developing projects locally.
The government cites tax benefits for residents as an additional incentive. Specifically, the dividend tax rate for residents has been reduced from 15% to 8%.
According to official data, Paraguay issued 40,600 residence permits last year, with the majority going to Brazilian citizens. The government expects a further increase in the number of residency permits in 2026.
The new program may contribute to capital inflows primarily into tourism, real estate, and the financial sector, as well as increase foreign investors’ interest in Paraguay as one of the relatively affordable jurisdictions for obtaining permanent residency through investment.
The government action plan for 2024 envisages measures to open Ukrainian embassies in the Philippines, Colombia, Panama, Guyana, Paraguay and Uruguay.
According to the Government Action Plan, during 2024 it is planned to undertake administrative, organizational and financial measures to start the activities of the Embassy of Ukraine in the Republic of the Philippines. It is also planned to start the process of opening embassies in Colombia, Panama, Guyana, Paraguay and Uruguay. It is noted that it is envisaged to open one full-time consular office of Ukraine and five non-staff consular offices.
COLOMBIA, embassies, Guyana, PANAMA, PARAGUAY, PHILIPPINES, URUGUAY
A citizen of Paraguay intends to acquire 100% of the charter capital of PrJSC Wild Orchid, Ukraine, the lingerie manufacturer (Lubny, Poltava region), according to the information disclosure system of the National Securities and Stock Market Commission. According to the report, Rocio Esther Guerrero Lopez, registered in Paraguay, announced its intention to independently acquire 1,424 common registered shares of Wild Orchid, Ukraine (100% of the charter capital), while as of June 25 of this year, she and the persons affiliated with her did not own the shares of the company.
According to the National Securities and Stock Market Commission, in the first quarter of this year, 100% of the shares of the joint-stock company belonged to Irina Meier, registered in Malta, and until December 2019, this package belonged to Russian businessman Vyacheslav Balabaev.
As reported, PrJSC Wild Orchid, Ukraine (then it was CJSC) was founded in 2005 as a chain of luxury lingerie stores and was a subsidiary of the Moscow-based lingerie retailer Wild Orchid Group.
According to the National Securities and Stock Market Commission, in 2014, Russia’s Etamin LLC became the owner of 100% of the shares of the Ukrainian company instead of CJSC Wild Orchid Group, and already in 2015 an individual from Ukraine, who was replaced by Balabaev in the second quarter of 2017, was the owner.
