MORE ABOUT Paraguay

Paraguay's Independent Means Visas

The Independent Means Visa in Paraguay offers residency to qualified individuals who can demonstrate sufficient financial resources to support themselves without working in the country.

Statistics

Paraguay - Independent Means Visa

Discover the Independent Means Visa in Paraguay

The Independent Means Visa program in Paraguay provides a straightforward pathway to residency for financially self-sufficient individuals. This program is designed to attract retirees, entrepreneurs, and other individuals looking to establish residency in a country with a low cost of living, growing economy, and welcoming atmosphere.

Minimum Income Amount

Approximately $4,500 deposited in a Paraguayan bank account

Visa-Free Travel Countries

144

Months to Visa

1-3 months

Overview

A Snapshot of Independent Means Visa in Paraguay

A simple and affordable path to residency for qualified individuals with sufficient financial means in Paraguay

Eligibility Requirements

Individuals who can demonstrate sufficient income or savings to support themselves in Paraguay

Anchor Ancestor restrictions

Months to citizenship

Length of Visa

Initial 2-year temporary residency, convertible to permanent residency after 2 years

Months to Visa

1-3 months

Physical Presence Requirement

None for maintaining residency, but 183 days per year recommended

Availability

Easy

Family Allowance

Spouse and children

Overview

Benefits of Independent Means Visa in Paraguay

The program offers numerous advantages for individuals looking to establish their presence in Paraguay's growing and welcoming environment.

  • Path to permanent residency after 2 years and potential citizenship after 3 years of permanent residency
  • No physical presence requirements for maintaining residency
  • Freedom to travel within Mercosur countries
  • Low cost of living and favorable tax environment

How to Apply for the Independent Means Visa in Paraguay

Submit application at the Paraguayan embassy or consulate in your country of residence, or at the Immigration Department if already present in the country.

Overview

Requirements for Paraguay's Independent Means Visa

To qualify for the Independent Means Visa, applicants must meet specific criteria demonstrating their financial stability and self-sufficiency.

  • Demonstrate sufficient financial means to support oneself in Paraguay
  • Provide a signed declaration of intent to reside in Paraguay
  • Obtain a clean criminal record
  • Secure health insurance coverage
  • Provide birth certificate and other personal documents

Overview

Documents Needed for Paraguay's Independent Means Visas

Completed visa application form

Recent passport-sized photographs

Valid Passport

Proof of financial means (bank statements, income proof)

Police clearance certificates

Health insurance coverage

Birth Certificate

Marriage Certificate

Discover How GlobalPassport Simplifies the Application Process for Paraguay's Independent Means Visas

Step-by-Step Guidance

Our experienced team will guide you through each stage of the application process, offering personalized assistance tailored to your needs.

Document Preparation

We'll help you gather and organize the documents you need for applying.

Application Submission

Once your documents are ready, we'll let you know where and how to submit your application to the relevant authorities.

FAQs about Paraguay's Independent Means Visas

How long does it take to process an Independent Means Visa application?

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Can I include my family members in my Independent Means Visa application?

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What types of income qualify for the Independent Means Visa?

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How often do I need to renew my residency permit?

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Can Independent Means Visa holders apply for Paraguayan citizenship?

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Why Paraguay

Paraguay offers a welcoming environment, growing economy, and affordable living for foreign residents.

Benefits:

  • Low cost of living
  • Favorable tax environment
  • Growing economy with business opportunities

Advantages:

  • Central South American location
  • Warm climate
  • Friendly and welcoming culture

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