🇵🇾 South America
Paraguay
One of the easiest permanent residencies in the Americas plus pure territorial taxation: foreign-source income is not taxed, and residency can lead to citizenship in 3 years.
South America 🛂 Has nomad visa 🧾 tax-friendly low cost of living
At a glance
| Tourist entry (US passport) | 90 days visa-free |
| Digital nomad visa | Digital Nomad Visa (2022) → but Temporary Residency is the real play — income requirement DNV ~$1,500/mo; Temporary Residency needs only ~$5,000 bank deposit or income proof, DNV 1 yr; Temp Residency 2 yrs |
| Path to permanent residency | Yes → PR at 2 yrs, citizenship possible ~3 yrs (with real ties) |
| Tax system | Territorial ⭐ · top rate Flat 10% |
| US tax treaty | No US treaty |
| Family-law exposure (payer) | Obligation 5/10 · cross-border collection 2/10 |
| Safety (hard stats) | Homicide 9.5/100k · road deaths 13.7/100k |
| Banking for Americans | Local banks open accounts for residents; expect paperwork as an American — FATCA reporting applies |
Full detail with ratings and sources: visas & residency · tax breakdown · legal exposure · safety & crime
General reference — not legal, tax, or immigration advice. Rules change
often and depend on your situation; US citizens are taxed by the IRS on worldwide income no
matter where they live. Verify specifics with a qualified professional before acting.
Data last updated · Source: Compiled from the visas, tax and legal datasets
Cities we cover in Paraguay
Month-by-month weather: Asunción climate