Why Paraguay Is a Smart Option for Your Second Citizenship

With global uncertainty on the rise, many individuals are looking to secure a second citizenship as a form of personal freedom, security, and global mobility. Paraguay offers one of the most practical and affordable paths.

Why Choose Paraguay as a Second Citizenship?

• Fast path to naturalization (3 years of residency)

• Low taxation policies

• Favorable dual and multiple citizenship tolerance

• Affordable and passive residency process

Ideal for:

• Digital nomads

• Entrepreneurs

• Remote workers

• Families seeking long-term security

Process Overview

1. Permanent residency via $5,000 bank deposit

2. Maintain local ties for three years

3. Apply in civil court

4. Get Paraguayan passport and ID

Strategic Benefits

• Visa-free travel to 140+ countries

• Backup plan during global instability

• Tax residency optimization

Keen to know more? Download CitizenPY – your personal assistant for everything related to Paraguayan citizenship.