If you’re considering relocating to South America, Paraguay has become an increasingly attractive destination for digital nomads, retirees, and expats looking for a peaceful lifestyle and low cost of living Living in Paraguay. One of the key advantages is the relatively straightforward process of obtaining residency — but how much does it really cost in 2025? Here’s a clear and realistic breakdown of the expected expenses to help you budget properly.
1. Legal Fees and Assistance
Unless you’re fluent in Spanish and well-versed in Paraguayan bureaucracy, hiring a local immigration lawyer or residency facilitator is strongly recommended. Legal professionals handle document translations, government paperwork, and ensure your application runs smoothly.
Estimated cost: $900 – $1,500
2. Government Fees
There are several official fees involved in the residency process. These include the residency application fee, background checks, fingerprinting, and ID issuance.
Estimated cost: $250 – $400
3. Police and Health Checks
Applicants must provide a local police report from Paraguay as well as undergo a health check, both of which are required by immigration authorities.
Estimated cost: $50 – $100
4. Document Preparation and Apostille
All foreign documents (such as birth certificates, FBI background checks for U.S. citizens, or equivalents from other countries) must be translated into Spanish and apostilled or legalized in your home country.
Estimated cost: $150 – $400 (depending on country of origin and number of documents)
5. Translator and Notary Fees
Translations and notarization services are necessary for your foreign documents to be accepted by Paraguayan immigration authorities.
Estimated cost: $100 – $200
6. Local Bank Deposit (Optional in 2025)
Previously, Paraguay required a $5,000 deposit in a Paraguayan bank account as proof of financial solvency. As of 2025, this requirement has become optional under the new residency laws for most applicants. Still, some expats choose to do it as part of the traditional process or to fast-track certain residency categories.
Estimated cost (if applicable): $5,000 (refundable)
7. Travel and Accommodation
While not a direct part of the residency fee, you should account for at least one trip to Asunción to handle documents, attend appointments, and finalize your residency.
Estimated cost: $800 – $1,500 (depending on flight origin and accommodation preferences)
8. Residency Card and Cedula
Once your residency is approved, you’ll receive a permanent residence card. You’ll also need to apply for your Paraguayan ID card (cedula), which is essential for local life.
Estimated cost: $100 – $150
Total Estimated Cost (2025):
Low End: $2,350
High End: $5,250 (excluding optional $5,000 deposit)
Final Thoughts
Paraguay remains one of the most cost-effective countries for obtaining residency in 2025. With relatively low legal fees, a simple application process, and a stable political environment, it’s a strong option for those looking for an affordable and peaceful new home base. Planning ahead and working with reputable local professionals will ensure a smoother, stress-free experience.
