🇵🇾
Americas

Retire in Paraguay

Featured city: Asunción

US State Dept · Level 1 — Exercise Normal Precautions
Est. monthly budget
$1,300/mo (USD)

Mid-range benchmark for a couple. Use the Matcher for FX- and inflation-adjusted comparisons.

Paraguay offers one of the lowest costs of living in South America, a 10% flat tax, and very straightforward residency. Asunción is a laid-back capital with a riverside promenade, friendly locals, and growing retiree interest.

Low taxes, low cost, easy residency

Pros
  • Low Cost
  • Tax Benefits
  • Easy Visa
Considerations
  • English is not widely spoken outside major cities — plan for a language learning curve.
  • Healthcare quality can be uneven outside major urban centers — private international insurance is strongly recommended.
  • Infrastructure (roads, internet, utilities) may vary by region — visit before committing to a long lease.

Retirement visa

The permanent residency program is straightforward, often requiring a bank deposit of about $5,000 or pension proof.

Cost of living

In Asunción, a luxury apartment can be rented for $600, and daily expenses are among the lowest in South America.

Numbeo cost index

Healthcare

Private healthcare in the capital is decent and very cheap; insurance plans are accessible for expats.

Healthcare index

Safety

Paraguay is stable and generally safe, though petty street crime occurs in major urban areas.

travel.state.gov

Ready to compare with your budget?

Run the calculator or open the Destination Matcher to see how Paraguay fits.

Other destinations in Americas

Educational content only — not immigration, tax, legal, or financial advice. Visa, golden-visa, and citizenship-by-investment rules change frequently. Verify with the official government source above and a licensed professional before making any relocation, investment, or citizenship decision.