Residency in Paraguay Through Bank Deposit: The Simplest Route

9 May

The most popular route to Paraguayan residency is through a simple bank deposit. Here’s how it works.

How It Works

• Deposit USD 5,000 into a Paraguayan bank

• Submit proof of deposit with your application

• Follow standard immigration procedures

Why This Route is Popular

• No need to buy property or run a business

• No annual renewal required

• Low documentation compared to other countries

Apply with confidence using CitizenPY

CitizenPY helps you navigate deposit procedures, paperwork, and residency timelines.

Nikolas Kraljevic

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