I have just recently opened Paraguay bank account, you do not need a Paraguay passport, but you do need to be a permanent resident. It is quite a bit of work and depends on the bank - I had talked to 5 banks and each had different requirements, the basic ones being having permanent residency...
> After approval, do I have to visit the country from time to time? Will my residency be cancelled, if I won't enter Paraguay every 5 years (or any other period)?
Per the old law, yes. I have yet to read the new law. However, this does not mean that the law is always followed and possibly there...
Correction:
"What I learned that the new applications for a permanent residency will include work permit and could lead to a permanent residency."
should be "What I learned that the new applications for a temporary residency will include work permit and could lead to a permanent residency."...
Not quite true, as per this link the permanent residency application for investors is still open. Here is the official link: Paraguay cuenta con una nueva y moderna Ley de Migraciones - .::Agencia IP::.
Furthermore, I have talked to Migraciones Paraguay today and the current applicants who...
I have recently posted here how I did it by myself and plan to write a short how to guide. I have not used any "helper" nor immigration attorney though I had spoken to some. Feel free to message me if you'd like to know more.
Based on my info, the waiting time from the moment your application for permanent residency has been accepted is around 3-6 months - as in Do It Yourself style that I prefer doing. I was told that it is very unusual that - once accepted - the application is rejected. All my info comes directly...
Correct, I can confirm this. The requirement to be fully vaccinated against COVID19 (2 shots) was for foreigners only - i.e. neither citizens nor permanent residents of Paraguay were subject to it. This requirement was enacted 11-Jan-2022 (after Ecuador and Colombia had enacted in in December...
I will believe it when I see it.... please let me know.
Any sources? There definitely has been an increase in applications as I am being told by staff at immigration office.
Feel free to message me, I live in Encarnacion (on Argentine border) and plan to keep my Paraguay tax residency and home address for a long time.. I assume my residency will arrive around Xmas. You can find me at my handle here at the swiss proton.. Talk soon
it is a lot of work and you absolutely need to speak Spanish. There are some agencies which claim to arrange it for you - I had seen prices ranging from US$5,000 to US$9,000. I had also talked to a few local immig lawyers but honestly these guys did not really knew all that much. Given I speak...
Basically you have to get every document vetted 3x times - first Global Affairs (good luck as they take 4ever and I mean 4ever - 4.5 months for me ), then Paraguay Embassy in Canada (they promise 5 days turnaround but because of my call they delivered in 24 hours, and then Ministry of Foreign...
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