Hello. This is your audio guide host, my name is Daniel. I represent the company Living in Paraguay (https://www.livinginparaguay.com/). We offer high-class immigration consulting, providing the best service on the market for obtaining Paraguayan residency, tailoring solutions based on clients’ needs and financial capabilities.
In this episode, we will explore the ideal path to Paraguayan citizenship and discuss whether you really need a second passport. We will outline the steps required to obtain residency and share advice on potential stops along the way, additional services, and how we save time for our clients.
In previous episodes, we discussed the goals that can be achieved with Paraguayan residency. We covered the opportunities that temporary residency provides and the basis for becoming a Paraguayan resident in 2023.
The need for a second passport and second citizenship seems self-evident and requires no further justification. A second passport is about taking care of yourself, your future, your family, your freedom, your business, and your endeavors. Paraguay currently offers some of the best conditions for obtaining citizenship, with an easy and cost-effective procedure. We assist our clients in transitioning from temporary residency to a passport in a stable and entirely lawful manner, within the best timeframes and at the best cost for the entire service.
So, let’s begin the journey to the passport.
1. Information Gathering
As we mentioned, we determine the client’s goals and needs, communicate to understand which documents need to be obtained from the client’s country. However, we can be helpful not only through chat. Our website and social media channels provide the most current and reliable information needed to initiate collaboration.
2. Verify or Obtain the Applicant’s Necessary Documents
For applicants for temporary residency, which is the first step towards obtaining a passport, the following original documents with apostilles and translations into Spanish are required: birth certificate, criminal record check if applicable, marriage certificate, We are ready to assist in the document preparation process, including apostille services, even remotely.
3. After all formalities, signing the contract, and agreeing on personal details, a journey to Paraguay awaits you.
To obtain around 15 local certificates together with the applicant and submit all documents, a presence in Paraguay for about a week is necessary. We are prepared to assist in finding tickets and accommodation during your stay. If you do not plan to reside in Paraguay, we can send the residency documents to you by mail after obtaining them. You do not loose your residence and Cedula in Paraguay if you do not live there, you must sleep only one night every 3 years.
4. Obtaining Temporary Residency and Cedula Card. The Key Step toward Citizenship.
As we mentioned earlier, the application process takes five days. The processing time for temporary residency and the issuance of the Cedula card ranges from 3 to 6 months from the application date. Once you have temporary residency, you gain the right to reside in the country, open a business, and access several other opportunities. We strictly adhere to legal conditions and provide a guarantee of results, so we provide only realistic processing timeframes.
Our company holds an E-Trust certificate from the European Union, ensuring complete service transparency and compliance with all business regulations, strict accountability, and the honest provision of services. We have been in the migration service market for over 20 years, valuing our reputation.
5. Obtaining Permanent Residency after Two Years. The Second Most Crucial Step in Obtaining Citizenship.
Two years after obtaining temporary residency, you can apply for permanent and indefinite residence in the country, thanks to recent legislative changes that have made the procedure easier. If you do not plan to live in the country, applying for permanent residency will be another reason to visit Paraguay once or twice. To qualify for citizenship and obtain a passport, a holder of temporary and permanent residency must have the residence for a minimum of three years. This requirement can be combined with the application for permanent residency. (see article 148 of the constitution of Paraguay).
6. Obtaining a Passport in Three Years
If all conditions are met, after one year of holding a permanent residency permit, a resident can apply for Paraguayan citizenship and a Paraguayan passport.
Additional services we can provide:
- Company Formation
- Opening a Bank Account
- Obtaining a Driver’s License
- Assistance in Finding Housing and Real Estate
- Investment Consultation
I’ll provide a bit more detail on Company Formation after obtaining temporary residency: In Paraguay, limited liability companies (LTD) are established. If you’re running a local business focused on the domestic market, we can help with opening a bank account and obtaining a fiscal ID. However, you can also set up a company with your existing bank account or services like Revolut if your income is not from Paraguay. In such cases, a fiscal ID may not be necessary. We also offer comprehensive accounting and legal services, provide real estate advice for living and business, and assist with obtaining driver’s licenses.
We begin work after the contract is signed, following the rules of EU remote contracts, with payment made to the company’s account. Payment stages include 50% upon contract signing, 30% 15 days before your departure to Paraguay, and 20% upon receiving a receipt confirming the submission of your residency and identity card documents. Our office is located in Asunción, the capital of Paraguay, for current clients, and for new clients, we have offices in Tallinn, Estonia, and Oakland Park, Florida, USA.
If you embark on this journey with us, we support you at every stage, provide consultations, and ensure that all procedures are completed within the shortest legal timeframes. It’s important to take the step and go through this process with reliable partners. Thank you for listening to this episode of the audio guide. In the next episode, we will discuss the country’s economic profile, taxes, and Paraguay for business.
We were pleased to tell you about the path to a Paraguayan passport. This is Daniel, your host. In the next episode of our audio guide, we will discuss tax benefits, such as 0% tax on foreign-sourced income and a 10% VAT.
Join us. And remember, you can always ask us questions through all messenger apps. We’re always available, Living in Paraguay (https://www.livinginparaguay.com/).