7-page Paraguay Starter Guide
A compact introduction to Paraguay, residency, daily life, taxes, Asunción, real estate and the first practical steps.
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Understand Paraguay. Decide better prepared.
Clear, structured and internationally minded information about living, immigration, taxes, real estate and investing in Paraguay.
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.
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Your starting point
Three ways to get to know Paraguay better.
Paraguay Zoom orientation consultation
60 minutes focused on your situation, residency, life in Paraguay, taxes, real estate, business and sensible next steps.
€149 / USD
Request Zoom consultationGeneral orientation only. Binding legal, tax or immigration advice is provided, where required, by appropriately qualified 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.
Foto: Felipe Antonio / Wikimedia Commons · CC BY-SA 3.0 · cropped image used
Free introduction
Thinking about Paraguay?
Start with our free 7-page teaser. It gives you a fast overview and shows which topics deserve closer review before you decide.
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
How would you like to start?
For the free Starter Guide, please use the separate guide form above. This contact form is intended for Zoom consultations and individual enquiries.
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.