Brief Summary
This video discusses the residency and citizenship process in Paraguay, focusing on its straightforwardness compared to other South American countries. Key points include the ease of obtaining a temporary residency permit, the requirements for permanent residency, and the overall bureaucratic nature of the process.
- Paraguay offers a temporary residency permit obtainable without specific requirements.
- A permanent residency can be achieved through investment or marriage.
- Important documents and translations are necessary for the application process.
- Citizenship can be applied for after three years of residency, but understanding Spanish and Paraguayan history is required.
Khan introduces Paraguay, located near Argentina and Brazil, as a tropical country with a bureaucratic but accessible residency program. He outlines the residency options available in Paraguay, emphasizing how most South American countries have simpler processes for obtaining temporary residence.
To obtain a temporary residency permit in Paraguay, one must express the intention to live, start a business, or set up a laboratory. Applicants only need to demonstrate financial stability without specific initial investments. The temporary residency lasts for two years, during which applicants can leave Paraguay and still have their residency count toward citizenship eligibility.
There are additional pathways to permanent residency, such as through marriage or by investing $70,000 over ten years. This investment does not need to be made upfront, but rather throughout the decade. Getting permanent residency provides access to various services and includes the possibility of immigration for family members.
The video stresses the importance of patience throughout the residency application process, as it can take several months. Applicants must prepare numerous documents, including birth and marriage certificates, police clearance, and medical records. Non-Spanish documents require translation.
Key documents required for both residency types include a birth certificate, police character certificate, marriage certificate (if applicable), and Interpol certificate. The authenticity of these documents should be verified according to Paraguayan regulations, which may involve additional apotille or notarization processes.
Khan advises seeking assistance from a professional lawyer or consultant in Paraguay to navigate the bureaucratic processes effectively. This support can help in managing documentation, translations, and formal applications for residency.
After living in Paraguay for three years, individuals can apply for citizenship, although this process may take one to two years. Knowledge of the Spanish language and an understanding of Paraguayan history are prerequisites for the citizenship application.
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Transcript
Full transcript of “Paraguay Citizenship & Residency Process (3 Years to Passport)”. Click a timestamp to open the video at that moment. Need another video? Use the YouTube transcript generator.
0:00 hello guys welcome back to my channel my name is Khan and I usually talk about citizenship by investment programs residency by investment programs and second home visas in this video I am going to talk about Paraguay residency in citizenship because I'm doing a series on South America and this is my second video so Paraguay which is also called peray in South American Spanish is a country located near Argentina and near Brazil a very nice country with a good weather tropical weather and the country is little bit bureaucratic but The Residency program is one of the easiest in South America and I must tell you that most of South American countries have a very straightforward and easy process to get uh temporary
0:47 residence permit right so this should be in your mind now when it comes to uh residence permit and Paraguay you don't need any specific requirement you can simply get a temp pre- residence permit for 2 years by stating that you want to live there or you want to start a business there or you want to start a new lab there you just need to demonstrate that you have some money in your bank account in the country of origin and then you can start the process and you will get a 2-year residence permit in uh Paraguay after 2 years you can convert it to permanent residency that's also easy but the thing is getting this first residency permit is a little bit complicated because you
1:33 have to wait like for 3 to four months for the process it's a little bit long process and a bureaucratic as well because the bureaucracy is slow it's not fast like other countries so that is why you have to wait but the good thing is they will give you a yellow paper a temporary residency through which you can leave the country like you don't need to stay in Paraguay for the process you can go out and come back back anytime you want so that temporary residency will also count towards your citizenship application because after living for 3 years in Paraguay you can apply for citizenship so this is the easiest option the temporary residence permit and uh Paraguay other options are like uh you can marry there if you marry
2:20 there you still get a permanent residency and it also give citizenship by birth so if your child is born there you can get a citizenship by birth for your your child in a permanent residency for yourself but again there is bureaucracy so you need some help on the ground because it is a SP Spanish speaking country and most of the people in and officials will speak or ask you for documents in Spanish so if your document is not in Spanish then you have to actually translate it right there is also an option for permanent residency which you can get a permanent residency in Paraguay but you have to invest $70,000 in that but it's not immediate you don't need to immediately go and put $70,000 in the bank it's not like that
3:07 you just will uh demonstrate that you want to start a business and you want to invest $770,000 us but it should be in 10 years they ask you to invest that amount in 10 years time so technically speaking you will get uh 10 years to fulfill that requirements but you will get permanent residency in the start in a permanent residency means like permanent like lifetime almost you have to renew it after some time but the residency is permanent and you can do like anything with that residency there in Paraguay like opening an account and taking uh actually the medical access to the medical service and education and everything and you can even include your
3:52 spouse and children if you want to immigrate with them to uh there right so this is a very good country for starting a new life and it is relatively uh cheap inexpensive if we compare it to the neighboring countries like Brazil in Argentina and uraguay actually for example uraguay is a very expensive country so Paraguay is very popular among uh so many experts and so many people if you check on the internet and videos on YouTube you will see a lot of videos about Paraguay but uh let me tell you that Paraguay a lot of people have already moved to Paraguay so right now it is a little bit like complicated as I said The Residency process can take a
4:38 little bit longer like 6 to 7 months in some cases so you have to be patient for that and you need to bring all of your documents this is very important before starting the permanent residency or the temporary residency you have to bring all the documents and what are the all the documents birth certificate is very important birth certificate should be a poti from your country or if your country is not a poti uh agreement country then you have to attest it by your Ministry of Foreign Affairs right so this is very important birth certificate police character certificate you must bring from your country if you have family then you have to bring a marriage certificate a PO postile from your country and a medical checkup will be done in uh Paraguay and you also need
5:24 Interpol certificate from Paraguay and you need police character certificate from your country a birth in your country of living like right now wherever you live you need a a police collector certificate from there as well and in case you have changed your nationality for example if you are born in a different country and you got another nationality and then you want to apply with that then you have to bring the N naturalization certificate as well for example if you got a citizenship in another country you have to bring the naturalization certificate because on the passport your birthplace is different than your passport country I think you understood what I'm talking about so all these documents you must bring uh in a post tile and then some of
6:10 these documents will be translated in uh Spain so this is very important you have to wait there and uh for all these things so a consultant or lawyer who can help you with all these things and the documentation managing the package translating the documents and then applying for the temporary residency or permanent residency is very important so I would advise you to get in touch with someone who is a professional lawyer or professional consultant in Paraguay and discuss it with them and then start the process we will also uh partner with someone there in the future but not right now right now I am just giving you information so you can do it yourself most of the people will be Visa free will have a Visa free access to Paraguay
6:56 so you can go there for a few days and sort it out uh and then after that start the process and after living for 3 years in Paraguay you can simply apply for citizenship citizenship uh application will take another one to two years but at the end you will get it because you must know the Spanish language and the history of Paraguay when you apply for citizenship but eventually you will get it after a year time because you know as I said the process is little bit slow in Paraguay because of the bureaucracy and the slow moment of the process by the government so that's it if you have any question please put down that in the comment and I will see you with other videos related to South American countries residency and citizenship thank you for watching
