Invest in Paraguay: a guide for foreign investors (2026)

Buying property in Paraguay as a foreigner takes six steps: choose the area and asset type, decide how to hold it, set up banking, buy with proper due diligence, sort out taxes, and manage rental income or your exit. If you also want residency, the Investor Pass runs in parallel. This guide maps that path. Detailed guides are in Spanish and linked below.

holacasa works with verifiable data. Market benchmarks are quoted with their source. Regulatory figures (credit rates, Investor Pass minimums) come only from official sources, with the date we checked them.

1. Where and what to buy

Location and unit type drive returns more than any single project. Asunción concentrates rental demand; Luque and the metro area offer lower entry tickets.

2. How to hold the property

3. Banking and currency

4. The buying process

5. Taxes

Paraguay has one of the lowest tax burdens in the region, but what you actually pay depends on your tax residency and whether your home country taxes worldwide income. US citizens should review this with a US tax advisor.

6. Rental income and exit

Advertised gross yields are not what you collect. Subtract vacancy, building fees, taxes and management first. As a market reference, developers ZUBA and BRICK report cap rates of 8% to 10% on their projects.

Residency through investment: Investor Pass

The Investor Pass lets you apply for residency by proving an investment before SUACE. Minimum amounts and requirements change by regulation: always confirm them with the official source before deciding.