During a visit by the head of the Ministry of Industry and Commerce (MIC), Marco Riquelmeand the director of Migrations, Jorge Kronawetterto Brazil, the “Investor Pass”, the new instrument that allows access permanent residence through investment in Paraguay, without having to go through temporary residence that was granted for two years.
Previously, a similar scheme already existed that involved a channel for investors that required a bet of US$ 70,000 plus the creation of five jobs to access permanent residence more quickly.
However, many foreign capitals stated that They had no problem with the amount of investment, but with compliance with the requirement of job creation, because some acquired apartments or land, which did not generate direct labor, Minister Riquelme alleged.
Read more: Paraguay, investment and residence destination for Brazilians, according to expert
Stock market and real estate sector
After hearing these concerns, he said, the Government decided create a new product: rather US$ 70,000 with requirement of five jobsan investment of US$200,000, without the requirement that requires labor. Of that amount, you can invest in real estate (houses, apartments, offices) or on the stock market.
“This proposal fits very well within the pillar of the Industrial Revolution that we have in terms of financing, because by injecting liquidity to the Paraguayan stock exchange“This will allow resources to be channeled towards Paraguayan industries more efficiently and at a lower cost,” he highlighted.
He further explained that in ethe construction fieldthe measure will boost the sale of apartments, houses and offices, since the purchase of real estate will allow direct access to permanent residence.
US$ 150,000 for the tourism sector
He added that another of the pillars of the “industrial revolution” is tourism. In that sense, he mentioned that a preferential scheme is contemplated for the tourism sector, in which the investment amount is even lower, US$ 150,000, which allows access permanent residence.
“It is an innovation in attracting investments, aligned with the pillar of the industrial revolution, where financing is one of the most important factors,” he said.
Likewise, he explained that the system already works in an articulated manner with the Unified System for Opening and Closing Businesses (Suace) and Migrationsso this new product It is integrated into that same institutional circuit.
Foreigner must comply with required documentation
However, he clarified that it is not an immediate process, but that the foreign person when purchasing a property It is not granted automatically. the identity card on the same day, but The applicant must present a series of documentspass Interpol controls and comply with the corresponding administrative requirements before final approval by Migrations.
Read more: They foresee greater interest from Brazilians to invest in Paraguayan maquila
“The investment is there, but all the documentation must also be fulfilled. The person presents hisapplication at SUACEthen that dependency refer the case to Migrationswhere the administrative process is completed,” he added.
They project more than 100,000 residents, mainly Brazilians
Regarding the volume of investments that could be channeled, he indicated that in 2025 Paraguay received 47,000 new residences, mostly temporary, and that about 30,000 corresponded to Brazilian citizens.
“For that reason we launched the program in Brazil, because a large part of those interested in obtaining tax residency in Paraguay are Brazilians. This year, from January to April, that number anda is doubling. By 2026 we hope to reach 100,000 new residentsof which we estimate that more than 60,000 They will be from the neighboring country,” he said.
