Property · Residency · Relocation

Your new life in Paraguay starts here

RE/MAX Central agent in Asuncion specializing in foreign buyers. I find your property, handle residency, and open your bank account — one person, one package.

Book a Free Consultation
90
Days to Residency
0%
Tax on Foreign Income
5.8%
GDP Growth Q1 2026

The Numbers Speak

What your money buys here vs. back home

Toronto / New York

1-bed apartment (centre)$2,200/mo
3-bed apartment$3,800+/mo
Restaurant meal$20–30
Meal for 2 (mid-range)$100+
Gym membership$60–80/mo
Income taxUp to 53%
Starter home$700K–1.1M
vs

Asuncion, Paraguay

1-bed modern apartment$600–800/mo
3-bed house (residential)$900–1,200/mo
Restaurant meal$8–15
Meal for 2 (mid-range)$30–45
Gym membership$35–50/mo
Foreign income tax0%
Modern apartment (buy)$70K–150K

Prices based on Numbeo, EasyParaguay, and Zumper, 2026

Find your property in Asuncion — with a RE/MAX agent who speaks your language

Whether you're buying your first apartment, investing in rental income, or looking for a family home with a pool — I'll guide you through every step. From neighborhood selection to price negotiation to closing paperwork, you get a dedicated RE/MAX agent who handles everything in your language.

Villa Morra

Premium · Embassies · Shopping del Sol

The most prestigious neighborhood in Asuncion. High-end apartments, international restaurants, upscale retail. Home to embassies and corporate offices.

Buy (per m²)$1,500–2,200
1BR rent$600–800/mo
Apartment (buy)$85K–300K+

Carmelitas

Modern · High-rises · Young professionals

The fastest-growing lifestyle district. Modern towers with pool, gym, and 24h security. Great walkability, cafes, and nightlife. Popular with expats and digital nomads.

Buy (per m²)$1,500–2,200
1BR rent$550–750/mo
Apartment (buy)$70K–200K

Recoleta

Character · Tree-lined · Steady appreciation

A blend of colonial charm and modern development. Tree-lined streets, established restaurants, quieter pace. Strong value for buyers looking for character and appreciation.

Buy (per m²)$1,200–1,800
1BR rent$500–700/mo
Apartment (buy)$60K–180K
📈

No Capital Gains Tax

Paraguay doesn't tax capital gains on property sales — your profit is your profit.

🏠

Full Foreign Ownership

No restrictions. Foreigners can buy, sell, and own property with the same rights as locals.

💰

Low Property Taxes

Annual property tax is just 1% of the fiscal value — a fraction of what you pay in North America.

📍

Rising Market

Construction up 43% in a decade. Investment-grade economy. Getting in early means better prices.

Why investors are buying property in Paraguay

Strong yields, zero capital gains tax

Paraguay's real estate market offers rental yields that outperform most of Latin America, combined with a tax environment that lets investors keep more of their returns. The territorial tax system means foreign income is taxed at 0%, and there is no capital gains tax on property sales.

With a housing deficit of over 1 million units, rental demand is structural — not speculative. New construction in Asuncion's top neighborhoods has grown 43% over the past decade, and property values continue to appreciate as Paraguay attracts more foreign investment and international attention.

Whether you're looking for passive rental income or long-term capital appreciation, I'll help you find the right property and connect you with trusted property managers for a fully hands-off investment.

Long-term rental

6–8%
Gross annual yield on furnished apartments in Villa Morra, Carmelitas, Recoleta. Net yield 4–6% after management and maintenance costs.

Short-term rental (Airbnb)

10–12%
Net annual yield in prime locations. Driven by growing tourism, digital nomads, and strong July-August seasonal demand.

Pre-construction advantage

15–30%
Typical price increase from pre-sale to delivery on new developments. Lock in today's price with flexible payment plans during construction.
0%

Capital Gains Tax

Sell your property and keep all the profit. No capital gains tax in Paraguay.

0%

Foreign Income Tax

Territorial tax system — income earned outside Paraguay is not taxed.

~1%

Annual Property Tax

Based on fiscal value (well below market value). Minimal annual holding cost.

Sources: The Wandering Investor, Civis, Paraguay Sovereign

Looking to buy, rent, or invest in Asuncion?

Tell me your budget, timeline, and goals — I'll send you curated options within 48 hours.

Book a Free Property Consultation

Paraguay is one of South America's fastest-growing economies

Why investors are paying attention

Paraguay's GDP grew 6.6% in 2025 — the fastest pace in 12 years. In Q1 2026, the economy continued expanding at 5.8% year-on-year, driven by agriculture (+8.2%), services (+6.6%), and manufacturing (+6.0%). The goods trade surplus more than doubled as soybean exports soared.

In 2024–2025, both Moody's and S&P upgraded Paraguay to investment grade, making it one of only a handful of Latin American countries with that status. Public debt sits at just 41% of GDP — among the lowest in the region.

Major projects like Paracel (pulp), Atome (green hydrogen), and expanding infrastructure through public-private partnerships are drawing billions in foreign direct investment. Soybean production is on track for historic records in 2026.

For expats, this means a growing economy, improving infrastructure, more international services, and rising property values — getting in now means getting in early.

5.8%
GDP growth Q1 2026
Year-on-year
6.6%
Full-year 2025 growth
Fastest in 12 years
BBB-
Investment grade
Moody's & S&P
41%
Debt-to-GDP ratio
Lowest in LatAm

Sources: TradingView, Bloomberg, IMF, World Bank

Three paths to living in Paraguay legally

Temporary Residency

2-year permit, then upgrade to permanent

The standard path for most foreigners. Apply with proof of income or savings, receive a 2-year temporary permit, then convert to permanent residency.

Valid for 2 years
Work and live legally
Upgrade to permanent after 2 years
Include spouse and children
Citizenship eligible after 3 years permanent
$2,000–3,500
Total processing cost (all-in)

Permanent Residency

10-year permit, renewable

Available directly via business investment (SUACE program). Invest $70,000+ in a Paraguayan business, create 5 local jobs, and receive permanent residency immediately.

Valid for 10 years, renewable
Skip temporary phase entirely
Full work authorization
Citizenship after 3 years
Min. investment: $70,000 + 5 jobs
$70,000+
Minimum business investment
Discuss Your Best Path — Free Consultation

Sources: Fragomen, Immigrant Invest, Global Citizen Solutions

One person. One package. Everything handled.

🏡

Property

I find the right property for your budget, lifestyle, and family — apartments, houses, or land across Asuncion and beyond.

  • Curated property search
  • Neighborhood guidance
  • Price negotiation
  • Closing and paperwork
📄

Residency

Temporary, permanent, or the new Investor Pass — I handle every step from document prep to your cedula in hand.

  • Document preparation
  • Apostille and translation
  • Immigration filing
  • Investor Pass applications
🏦

Banking

Opening a local bank account is required for residency — and a smart financial move. I'll get yours set up fast.

  • Bank account opening
  • Documentation support
  • Multi-currency accounts
  • Local financial guidance

The opportunity nobody's talking about — yet

90
days
From application to residency. No lottery, no wait list.
0%
tax
On foreign-sourced income. Remote workers and retirees keep everything.
$1,500
per month
Comfortable single-person budget including rent in a good Asuncion neighborhood.
25°C
year round
Subtropical climate. No winter coats, no heating bills.
BBB-
rated
Investment-grade credit rating from Moody's and S&P. Stable and growing.
3
years
From permanent residency to full Paraguayan citizenship eligibility.

Denys Merkulov

I moved to Paraguay and never looked back. Now I help others do the same. As a RE/MAX Central agent in Asuncion, I specialize in full-service relocation for foreigners — from your first property search to your bank account opening to your residency card in hand. One person handles everything, in your language.

🇺🇦 Ukrainian
🇷🇺 Russian
🇬🇧 English
🇧🇷 Portuguese
🇪🇸 Spanish

RE/MAX CENTRAL · ASUNCION, PARAGUAY

Book your free consultation

30 minutes. No commitment. I'll answer every question about relocating to Paraguay.