Paraguay
Investor Pass, real estate route
The newest program in the region and a direct competitor to Colombia on price. Launched in April 2026 and regulated within weeks, it grants direct permanent residency through four tracks, and the real estate track can be triggered once 30 percent of the declared value is paid.
Investor Pass, real estate route
USD 200,000Real estate track, applicable from 30 percent paid
Four tracks, one framework
Productive investment at USD 70,000 with a business plan and at least five formal jobs. Tourism projects at USD 150,000. Real estate at USD 200,000 with no business plan and no job creation. Financial instruments at USD 200,000 with a two year hold and annual reporting. All four run through a single Constancia de Inversionista Extranjero and a migration filing.
The 30 percent mechanic
The real estate track accepts either a registered transfer deed or a notarised private contract showing at least 30 percent of the declared investment value paid. That is unusually generous. Property for personal or family use is explicitly excluded, so this is an investment asset, not a home.
The catch
The program is months old. No renewal track record, no body of case outcomes, and no guidance yet on how the personal use exclusion gets interpreted. Asuncion is also a far smaller market than Medellin, with thinner resale depth and a shallower rental pool.
The facts, in one place
| Status | Open |
| Threshold | USD 200,000, Real estate track, applicable from 30 percent paid |
| What it grants | Direct permanent residency |
| Stay requirement | In person filing, then light |
| Citizenship | About 3 years of residence |
| Governing instrument | Resolucion MIC 0283/2026, launched 16 April 2026; residency under Ley 6984/22 Primary source |
| Last verified | 17 September 2026 |
Other programs:
Compare this against the two programs closest to it
Tell us the budget, the goal and the timeline. If Colombia fits, we introduce you to an immigration lawyer and a broker who has closed for foreign buyers before. If it does not fit, we say so and point you at the program that does.