Your Guide to Paraguay’s Residency by Bank Deposit Route

This is the most common and efficient way to get Paraguayan residency. Here’s how to do it right.

Steps to Follow

1. Open a local bank account

2. Deposit USD 5,000

3. Request official deposit certificate

4. Submit with other immigration documents

Why It Works

Paraguay uses this method to assess financial stability. It’s not a fee — you can withdraw funds later.

Use CitizenPY to manage your deposit route

CitizenPY provides deposit guidance, banking contacts, and checklists for a smooth process.