How Paraguay’s $5,000 Residency Works: The Easiest Path to Legal Residency

Paraguay’s $5,000 bank deposit residency route is one of the simplest and most efficient immigration programs in the world. Here’s how it works — and why it’s so popular.

Why $5,000?

The government uses this figure as a proof of financial stability. It’s not a fee — just a deposit into a local Paraguayan bank. You can access or withdraw the funds after your residency is approved.

Step-by-Step Guide

1. Open a Paraguayan bank account

2. Deposit $5,000 USD

3. Get a certificate of deposit

4. Submit it with your residency application documents

What Makes It So Simple?

• No business investment required

• No income threshold

• No ongoing financial obligations

Can You Withdraw the Funds Later?

Yes — after residency is granted, most banks allow you to reclaim or move the funds as you wish.

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


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