Paraguay4You · Information portal for living, immigration & investment in Paraguay
Discover Paraguay

A country to live, work and invest in.

Clear, concise information about Paraguay – from residency and taxes to Asunción, cost of living, real estate and business opportunities.

Foto: Overkill53 / Wikimedia Commons · CC BY-SA 4.0 · cropped image used
Paraguay at a glance

Key facts at a glance.

Paraguay lies in the heart of South America between Argentina, Brazil and Bolivia. The figures below combine official census data with current World Bank indicators.

406.752 km²Land area
6,11 Mio.Population, 2022 census
49,28 Mrd. USDGDP 2025, current USD
7.026,6 USDGDP per capita 2025
6,6 %real GDP growth 2025
AsunciónCapital
PYGParaguayan guaraní
ES + GNSpanish & Guaraní

Population: final 2022 census (INE). Economic data 2025: World Bank. Figures may change due to revisions.

Explore

Eight topics for your start in Paraguay.

01

Discover Paraguay

Country, people, regions, climate, language, history and economic structure.

02

Living in Paraguay

Housing, food, mobility, internet, schools, healthcare and everyday costs.

03

Asunción

Neighborhoods, quality of life, infrastructure and orientation in the country’s economic center.

04

Immigration & Residency

Residency, documents, Cédula and preparing your move.

05

Taxes & Business

RUC, personal income tax, company formation and tax residence.

06

Investment

Real estate, companies, agriculture and economic opportunities – with due diligence.

07

Real Estate

Buying, renting, neighborhoods, new developments and real-estate investment due diligence.

08

Starter Guide

A compact checklist with the most important first steps for people interested in Paraguay.

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Advisory

Individual questions can be pre-qualified through the contact request and referred to suitable professionals.

Asunción

Capital, metropolitan area and economic hub.

Asunción is Paraguay’s political and economic center. For newcomers, the differences between the city of Asunción and the wider metropolitan area are especially important.

Understand the city & metro area: Living and working often also takes place in neighboring cities of Departamento Central.
Compare neighborhoods: Carmelitas, Villa Morra, Recoleta, Las Mercedes and other areas differ significantly in rents, new developments and infrastructure.
Do not assess property by price alone: Location, developer, completion risk, ancillary costs and rental potential should all be reviewed.
View over Asunción, Paraguay
Foto: Felipe Antonio / Wikimedia Commons · CC BY-SA 3.0 · cropped image used
Free Paraguay Starter Guide

Considering Paraguay?

Use our compact Starter Guide as a first orientation on documents, residency, taxes, daily life and real estate.

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Why Paraguay?

Six reasons to take a closer look.

Growing economy: The World Bank reports real GDP growth of 6.6% for 2025.
Strategic location: Paraguay lies between major South American markets.
Renewable energy: Hydropower shapes the country’s electricity generation.
Comparatively manageable living costs: Many cost items are below those of numerous Western metropolitan areas.
Residency options: Migration Law 6984/2022 regulates, among other things, temporary and permanent residency categories.
Source-based tax system: DNIT describes IRP as a tax on Paraguayan-source income; individual cross-border cases still require professional review.

Important notice

Paraguay4You provides general information. Content does not replace individual legal, tax, immigration or investment advice. Requirements and procedures may change. Before making decisions, consult current official information and qualified advisers.

Contact

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Sources & currency

Selected primary sources

INE Paraguay: Census / population data 2022 – Instituto Nacional de Estadística

World Bank: GDP, GDP per capita und GDP growth – Paraguay country data

Migraciones Paraguay: Residency law / Law No. 6984/2022 – Residencia Temporal

DNIT: Impuesto a la Renta Personal – IRP

Editorial status: August 2026. For decisions, always verify the currently published requirements of the competent authorities.