Hello Ajiboye,
I am a British national living in Paraguay and also an immigration consultant.
Paraguay has two distinct pathways to residency. The temporary residency permit which is very straightforward (no investment required) and the permanent residency permit by investment program which requires an investment into a business of $70,000 USD. This business can be your own new venture or an existing business.
The issue that many face is that it can be difficult to an obtain the initial entry visa into Paraguay. For this reason, nationals from countries that do not have visa-free access to Paraguay often choose the investor pathway. As an investor you it is easier to demonstrate clearly your reason for coming to Paraguay which can make the initial visa-application process more straightforward.
My company *** assists with residency applications throughout Latin America with the support of our local legal partners. However, ***. That said, there are some other companies that may be able to help you with these types of visas that I would be happy to refer your case on to if you are interested.
I hope that helps!
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Bhavna 7 hours ago
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