Retire in Paraguay
Featured city: Asunción
US State Dept · Level 1 — Exercise Normal PrecautionsMid-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
- Low Cost
- Tax Benefits
- Easy Visa
- 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 indexHealthcare
Private healthcare in the capital is decent and very cheap; insurance plans are accessible for expats.
Healthcare indexSafety
Paraguay is stable and generally safe, though petty street crime occurs in major urban areas.
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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.