Retiring in Paraguay: the visa situation
As of our last check, Paraguay offers a dedicated retirement route: the Residencia Temporal under Ley N° 6.984/2022 (temporary residency, convertible to permanent residency); retirees typically qualify via the independent-means / pensionado pathway..
The income requirement is on the low side, so a typical pension is more likely to clear it. The old MERCOSUR-era permanent-residency rule requiring a lump-sum bank deposit (the ~USD 5,000 SOLES-based deposit) was superseded by Ley N° 6.984/2022. General temporary residency under the current regime does NOT require proof of economic solvency; the official Migraciones requirements list no income or bank-deposit threshold. The application fee is Gs. 2.926.925 and the card is valid up to 2 years (renewable), after which permanent residency can be requested.
Retirees/financially independent applicants use the independent-means route. There is no officially published minimum, but success typically means demonstrating roughly USD 1,300/month of passive, verifiable, lawful income plus around USD 4,000-5,000 in savings. Temporary residency lasts 2 years, permanent residency is available after 2 years, and citizenship after roughly 5 years total; there is no strict minimum stay but absences over 12 consecutive months should be avoided.
Verified against globalcitizensolutions.com, last checked 2026-07-03.
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Residencia Temporal under Ley N° 6.984/2022 (temporary residency, convertible to permanent residency); retirees typically qualify via the independent-means / pensionado pathway.
The old MERCOSUR-era permanent-residency rule requiring a lump-sum bank deposit (the ~USD 5,000 SOLES-based deposit) was superseded by Ley N° 6.984/2022. General temporary residency under the current regime does NOT require proof of economic solvency; the official Migraciones requirements list no income or bank-deposit threshold. The application fee is Gs. 2.926.925 and the card is valid up to 2 years (renewable), after which permanent residency can be requested.
Retirees/financially independent applicants use the independent-means route. There is no officially published minimum, but success typically means demonstrating roughly USD 1,300/month of passive, verifiable, lawful income plus around USD 4,000-5,000 in savings. Temporary residency lasts 2 years, permanent residency is available after 2 years, and citizenship after roughly 5 years total; there is no strict minimum stay but absences over 12 consecutive months should be avoided.
Before you act on this
Visa rules, income thresholds and processing practice change, sometimes with little notice. This page reflects what we could verify on the dates shown, nothing more. Always confirm the current requirements with the official immigration authority or a licensed immigration adviser before making plans, and treat the linked source as the authority, not us.
See how Paraguay scores overall
The visa is one of six axes. RetireScore 76/100, ranked 13 of 40 countries on the default weights.