Getting Permanent Residency & Citizenship in Paraguay
Empire Legal (http://www.empire.legal), with its operations across the globe, helps people quickly apply and obtain their citizenship and residency in Paraguay. Paraguay is an ideal destination among the South American Countries as it has very cheap labor, surplus electricity, and sufficient raw material. The country is also a member of the regional trade agreement MERCOSUR enabling free trade in the region. Paraguay is ranked 4th in terms of the business environment among all South American Countries. Paraguay also has a very friendly tax system with both personal and corporate income taxes capped at 10%. The first step to obtaining Paraguayan Citizenship is obtaining Permanent residence in the country which will ultimately lead to citizenship. To begin with, the Paraguayan Government encourages long-term residency in the country to encourage development in the country. Permanent Residence can only be obtained once the individual is within the country. This would generally mean that a visa needs to be secured for entry into the country. For US and EU citizens, Paraguay provides visa-free access. For other citizens a visa may be required, so please check prior to your travel. For applicants requiring a visa, an invitation needs to be obtained from a citizen of Paraguay which is approved by the Ministry of Foreign affairs. The application along with the invite is then submitted to the embassy and following a brief interview with the visa officer, the visa is issued within 15 days. For further details on Permanent Residency, settlement, and Paraguayan citizenship, please visit us at www.empire.legal
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