Residency Solutions for Paraguay

Residency Solutions for Panama

Why Us

Providing you with immigration solutions, Astrasna’s Residency and Citizenship program for Paraguay and Panama offers a partner network to accommodate, facilitate, and expediate the process of provisional and permanent residency with a niche focus on catering towards the South American countries of Paraguay and/or Panama.

We are the concierge all-inclusive turnkey facilitator for residency and relocation. Consider Astrasna the only concierge service for navigating the bureaucratic labyrinth of the immigration process in both country of origin, country of birth and country of destination!

Applying for permanent residency abroad can be a daunting task. There are many steps involved in this process and even one small error could lead to costly expense and delay. You might not know where to start–or where the right resources are to help guide your way with ease- until now! Astrasna has been created as a solution designed specifically to assist individuals in navigating the unfamiliar process starting in their COUNTRY OF ORIGN, COUNTRY OF BIRTH, and COUNTRY OF DESTINATION.

We are one of the very few companies in the world to provide facilitation services support in your country of origin. We pride ourselves by providing access to and support for country-of-origin requirements as well as the country of destination. We carefully evaluate the requirements of every client through a free consultation and help them navigate the somewhat bureaucratic labyrinth of the foreign immigration process.

Astrasna conducts business with integrity, efficiency, and discipline and offers language support in English, Spanish and French. We provide our clients exclusive access to our global network of partners and to the latest laws and information on residency and citizenship. Our global partners include experienced lawyers, notaries, document processing staff, tax specialists and real estate experts.

Why Paraguay/Panama

Paraguay: Astrasna considers Paraguay a little known often overlooked but up-and-coming contender for second residency options. We believe the potential for the country to grow is tremendous, considering it boasts the largest agricultural industry in South America, a young working population of average age 26.3 years, a real estate industry that is rapidly building, and a growing community of hip rooftop bars, restaurants and shopping malls in the capital city Asuncion. Who knows, we believe Paraguay might even become the next Switzerland of South America one day!

Panama: Astrasna considers Panama City, Panama the epicenter for international headquarters for major businesses and organizations, and a metropolitan lifestyle with its Miami-esque skyline and large expat community. Both these peaceful countries offer many attractive tax incentives and lifestyle standards:
Panama: Astrasna considers Panama City, Panama the epicenter for international headquarters for major businesses and organizations, and a metropolitan lifestyle with its Miami-esque skyline and large expat community. Both these peaceful countries offer many attractive tax incentives and lifestyle standards:
Benefits for Individuals

Paraguay:

     Financials: 

  • No investment deposit required of individuals for 2 year provisional residency
  • No requirement to immediately move and live there
  • Low tax environment: territorial tax system – no worldwide income tax – Only 10% income tax
  • No inheritance tax, No Net-worth tax, No Gift tax, No Estate tax
  • 1% tax rate on real estate property fiscal value NOT market value
  • Substantial real estate returns on short-term rentals and profitability up to 9-11%.
  • Low cost of living throughout


    Light Requirement for Preserving Residency: 

  • Minimal in person living requirement for preserving residency 1 once per 3 three years


    Other Considerations: 

  • High standard private health facilities and public sector focus on digital transformation
  • Financial freedom for those who prefer greater privacy and remote location
  • Business Friendly: Modernized system for starting a company (Investors or individual)
  • Easy access to MERCOSUR and European nations
  • Paths to Permanent Residency options available as individual or investor
  • Citizenship eligibility in 3 years No mandatory military service Eurozone access
  • Digital Nomad Friendly
Panama:


     Financials:

  • Deposit investment requirement for individuals: 250k minimum with 2 years provisional residency permit
  • For investors: agricultural investment with income returns starting at $100k +; or open a business
  • Low to mid tax environment: territorial tax system – no worldwide income tax – Up to only 25%
  • No inheritance tax, No Net-worth tax, No Gift tax, No Estate tax, Low Property tax
  • Cost of living in city is less expensive than major cities of USA/CANADA/EU
  • Financial freedom for those who prefer a metropolitan feel, and a large expat community

    Light Requirement for Preserving Residency: 
  • Reasonable in person visit requirement for preserving residency once (1) per (2) years


    Other considerations: 

  • High health care standards
  • Business friendly start a small local business with low capital investment compared to other expensive jurisdictions (Investors or individual)
  • Citizenship eligibility in 5 years (Panama) No mandatory military service
  • Jubilado Pensionado Retiree discounts up to 25% over 60 years old male, 55 female on certain health care services, restaurants, hotels, flights, and other consumption services (Panama), skip the line at banks and more. (Panama)
  • Digital Nomad friendly
Panama:


     Financials:

  • Deposit investment requirement for individuals: 250k minimum with 2 years provisional residency permit
  • For investors: agricultural investment with income returns starting at $100k +; or open a business
  • Low to mid tax environment: territorial tax system – no worldwide income tax – Up to only 25%
  • No inheritance tax, No Net-worth tax, No Gift tax, No Estate tax, Low Property tax
  • Cost of living in city is less expensive than major cities of USA/CANADA/EU
  • Financial freedom for those who prefer a metropolitan feel, and a large expat community

    Light Requirement for Preserving Residency: 
  • Reasonable in person visit requirement for preserving residency once (1) per (2) two years


    Other considerations: 

  • High health care standards
  • Business friendly start a small local business with low capital investment compared to other expensive jurisdictions (Investors or individual)
  • Citizenship eligibility in 5 years (Panama) No mandatory military service
  • Jubilado Pensionado Retiree discounts up to 25% over 60 years old male, 55 female on certain health care services, restaurants, hotels, flights, and other consumption services (Panama), skip the line at banks and more. (Panama)
  • Digital Nomad friendly
Benefits for Investors:
  • Direct path to permanent residency (fast track packages available) (Paraguay/Panama)
  • Investment deposit of $70,000 over 10 years (Paraguay only) under newly introduced company structure – other company type options available
  • Open Company and work permit to employ investor to work in specific roles (Panama only)
  • Easy company setup with online electronic platform (Paraguay/Panama)
  • 10% corporate tax (Paraguay)
  • 25% corporate tax (Panama)
  • Minimum contact to country needed (Paraguay/Panama)
  • Little to no minimum capital required
  • No worldwide income tax (Paraguay/Panama)
  • No inheritence tax (Paraguay/Panama)
Our Services
We are your concierge from the airport to the immigration service offices and throughout the city. A detailed oriented customer experience with added value experiences and standard packages.
  • Access to our partner network for error-free application and document processing
  • Support for Country-of-Origin, Country-of-Birth, Country-of-Destination
  • Facilitate prerequisite provisional to permanent residency in a relatively short time line.
  • Fast track package directly to permanency for investors – skip 2 year provisional
  • Country of origin support/Country of birth support/Country of destination support
  • Add-on services for Banking assistance, Tax ID, Driver License, Cell phone services
  • Company creation
  • Citizenship eligibility after 36 months (Paraguay) after 60 months (Panama)
The Process

How does the process work?

With a 30-minute no obligation FREE consultation we explain the process.

STEP 1: PREREQUISITE PROVISIONAL 2 YEAR RESIDENCY

The process of application is simplified with our country of origin and country of birth services.* With a free 30 minute free consultation followed by an upfront payment we begin instructing and guiding for the procurement and correct processing of your required documents:

  • Birth certificate
  • Criminal record
  • Certificate of marriage or divorce proof
  • Passport
These documents will allow our partner network to start your process towards provisional residency and a one quick in country visit to Paraguay.
*Country of origin support of applicant. This includes our network of partner experts who will treat the required documentation in your home country and/or country of birth.
STEP 2: PERMANENT RESIDENCY
Acquisition of permanent residency begins at the end of your 2-Year Provisional residency. You are to begin the preliminary process sometime between 18-24 months after provisional 2-year residency is approved. Minimum requirements of preserving permanent residency is only 1 visit per 3 years. We facilitate the finals steps after the provisional period.
*Country of origin support of applicant. This includes our network of partner experts who will treat the required documentation in your home country and/or country of birth.
STEP 3: CITIZENSHIP
Eligibility for citizenship begins by applying at the conclusion of 3 years permanent residency. The country requires minimum conditions such as:
  • 6 months physically residing in Paraguay for up to 3 years
  • Pass a communication exam in Spanish
  • A light history test
  • Payment of local tax and social security
Solutions
STEP 1: PROVISIONAL 2-YEAR RESIDENCY (INDIVIDUALS)

Expected timeframe to receiving provisional 2-Year Residency:

Start with our 30 minute no obligation free consultation. We evaluate your needs and provide an all-inclusive concierge solution for obtaining the prerequisite Paraguay and/or Panama Provisional 2 Year Residency as the first step towards achieving permanent residency.

Solutions provided: A Unique Proposition

Country of Origin: Support, access to our network of experts, treatment, and processing fees for required paperwork ready for Paraguay (birth certificate, FBI, RCMP or INTERPOL Police fingerprints, Police Report, Marriage certificate or divorce proof where applicable). This will save you tremendous time and expense thanks to our expert network.

Country of Birth: If born abroad, we assist with your procurement of your birth certificate, and its correct treatment and processing for Paraguay immigration. We connect you with our partners in your country of birth of if no partners exist or we provide assistance in researching some options for you.

Country of Destination: Meet and Greet by our concierge team which comprises of an English/Spanish interpreter and your dedicated immigration lawyer at Asuncion Silvio Petirossi airport or Panama Tocumen airport. You are provided transportation from the airport to your hotel and to and from lawyer’s and immigration office all within the first 3 days. Our legal team and concierge will process local documentations with you and accompany you to immigration. A few things to note which we can explain further during your free consultation:

  • Prerequisite Paraguay and Panama paperwork you obtained in your country-of-origin is subject to review and approval by our legal partners prior to your trip to the destination country.
  • Critical Visa process and preparatory instructions provided to clients for their arrival at airport.
  • Concierge service 1-3 days quick process: The entire process for submitting your dossier to immigration with our legal team is fast which is what makes this program so appealing. So you can stay for only e days if you wish but we strongly recommend you stay for 7 – 10 days to discover all the city has to offer.
  • One of the fastest and best residency permit in the world, your provisional 2 year cédula residency card can be expected to be received by courier at the address of your choosing within 2 months and sometimes even sooner.

STEP 2: PERMANENT RESIDENCY

Individual Permanent residency (18-24 months) 2nd in country visit
  • 30 min free consultation for clients of completed provisional residency
  • Communication and language support
  • Administration fees for residency submission

INVESTORS: FAST TRACK PERMANENT RESIDENCY – SKIP THE LINE 2 YEAR PROVISIONAL

This process will create a corporate entity with the best possible tax breaks for your needs and expediate the residency process. Permanent residency expected within 60-90 days of submission to immigration * Fast tracked service

All-inclusive permanent residency solution and business setup

Paraguay concierge relocation services and includes:

  • Legal, application and government processing included
  • Support upon arrival on 1st Paraguay trip
  • Hotel accompaniment
  • Visa procedure support
  • Accompany to law offices
  • POA (power of attorney) for residency card pickup
  • Country of origin, country of birth and country of destination support included
  • Airport to hotel
  • Lawyer orientation and business document processing
  • Bank account processing and minimum required deposit of funds
  • RUC tax number and shareholder articles
  • Special procedure under the Unified System of Opening and Closing companies
  • Submission of certificate to Vice Minister of Industry and Commerce
  • Transfer to Immigration Office and process of documents
  • Declare intention to invest $70,000 over 10 years – similar to the former Panama Friendly Nations corporation method and/or utilization of the newly introduced company structure registered online

*package does not include cost of fingerprints fees and the purchase and ordering of birth certificate, marriage certificate , divorce proof, and proof of solvency . At client’s own expense and responsibility due to legal requirements.

Add On Services:

  • Expediated treatment of Paraguay residency card (45 days) :
  • Driver License
  • Tax ID
  • In-Person Personal Concierge provides registration of local sim card and online access
  • Tours of cafes, museums, clubs, rooftop bars and nature parks
    FINALIZED PROCESS of CITIZENSHIP ONLY FOR PERMANENT RESIDENTS
    After having spent a minimum of 6 months in the country over 36 months you are eligible for citizenship through a process of :
  • Communication test in Spanish
  • A light history exam
  • Payment of local taxes and social security
  • Naturalized by time and culture.

Complimentary services:

Real Estate Tour: No obligation tour by our realtor team of beautiful new developments Airbnb friendly for rental income or to reside in. Starting as low as USD$55000 with potential income of $650+ per month (applies to specific areas and developments in Asuncion, Paraguay) and management rental services provided by our real estate partners.

VIP Airport Service Asuncion Paraguay Silvio Petirossi international airport: Meet and greet by airport after passing immigration and customs, transportation to your hotel and to and from lawyer’s and immigration office

VIP Airport Service Panama City Tocumen International airport: Skip the Line service, meet and greet by airport from disembarking the plane to the VIP lounge room, you are accompanied through customers and immigration.

Count on us to guide you through every step of the way and to give you value like none other!

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FAQ
I'm not ready to move to Paraguay/Panama. Can I get the residency without moving physically there?

Paraguay and Panama offer the most flexible residency programs in the world at this time.

The Number 1 Top Reason that the founder loves Paraguay and Panama is that they are one of the very few countries in the world that do not obligate nor commit residents to physically move and commit to making a significant emotional move to live in the countries. 

There is only a minimal requirement of visiting the countries to maintain residency status as follows:

Paraguay: Once 1x every three (3) years visit for a few days.
Panama: Once 1x very two (2) years visit for a few days.

We believe you will fall in love with these countries and will likely move there to start a new life of freedom, or at the very least visit for a few months per year. Either way, you choose and that’s what we love about freedom and choices in life.

Contact us for a free consultation

Why did you exclude Uruguay and other South American countries from your speciality?

We feel that not even Uruguay nor other countries currently meet the level of flexibility offered by Paraguay and Panama. Urugay obligates residents to live 6 months per year physically in the country in order to maintain or preserve their residency status. Our mission is to focus on countries that impose no such burdomesome restrictions for those who wish to live in various nations ever discovering the horizons and lifestyles.  

Paraguay and Panama offer the most flexible residency programs in the world at this time.

The Number 1 Top Reason that the founder loves Paraguay and Panama is that they are one of the very few countries in the world that do not obligate nor commit residents to physically move and commit to making a significant emotional move to live in the countries. 

There is only a minimal requirement of visiting the countries to maintain residency status as follows:

Paraguay: Once 1x every three (3) years visit for a few days.
Panama: Once 1x very two (2) years visit for a few days.

We believe you will fall in love with these countries and will likely move there to start a new life of freedom, or at the very least visit for a few months per year. Either way, you choose and that’s what we love about freedom and choices in life.

Contact us for a free consultation

What makes your agency’s services different than the rest?

Many applicants lack local domestic support for where to order the required documentations and how to correctly process and treat those documents in conformity to Paraguayan and Panamanian immigration laws.

Our competitive advantage is that we provide our clients with Country Of Origin and/or Country of Birth services (Support, Guidance and Access to our partner network in your eligible country and if we do not have partners will assist in finding the right resources) in addition to Country of Destination services (Paraguay/Panama solutions for residency via our partner network). Our strategic partners work with you to ensure your documentations are legal ready and acceptable by Paraguayan and Panamanian immigration, thus avoiding costly errors and minimizing the running around involved. Contact us for a free consultation

What documents are needed to begin the process?

We assist with guidance in your country of origin to obtain the required documents for Paraguay and Panama. Examples are Valid Passport, Birth Certificate, Criminal Record under 6 months old, Marriage Certificate if married, or proof of Divorce. Contact us for a free consultation

How long does the process take; how many days do I need to be physically present in Paraguay / Panama?

Paraguay:
Immigration process with our legal team is one of the fastest once you are on the ground in Asuncion, Paraguay. All it will require is up to 3 business you to be present and for your dossier to be submitted to Immigration. 

Our Paraguayan process is also one of the fastest in the world for receiving your Provisional 2 Year Residency or Permanent Residency card: up to 60 days for immigration to release your card also known as a „CEDULA“. 

We strongly recommend that you stay longer than the 3 business days to get to discover the delights of Asuncion and its culture and people. We suggest you reserve a stay for a minimum of 7 days. 

Panama: 
Immigration process with our legal team is a bit more involved with Panama however when it comes to meeting our legal team, providing original documents, signing papers and then showing up at immigration office with our legal team, it is still a relatively short few days approaching it using our guidance and methodology. However, if you do it yourself or take on a DIY approach, you might be stuck in Panama for quite awhile from weeks to months. 

Contact us for a free consultation

Do you offer a dedicated local guided service for Paraguay and/or Panama?

Yes!

Paraguay: Our local team in Asuncion will Meet and Greet you at the Asucnion airport on arrival. And under another special service package, our own Founder will accompany you from Panama to Paraguay and guide you in person through the airport immigration process and accompany you during the 1-3 day process along with the team.

Panama: The Founder frequently travels between Panama and Paraguay and will be pleased to meet you at the Panama Tocumen International Airport upon arrival if seeking residency in Panama. Let him take you around…he loves showing off Panama to friends, family and clients alike. Same deal as in Paraguay.

Contact us for a free consultation

I read on the internet somewhere that we also need a university degree and deposit for Paraguay?

False. There is much outdated information currently circulating. The updated new immigration laws have removed any requirement for showing a university degree and no deposit is needed either.

Contact us for a free consultation to remain accurate and up to date with our solutions.

What's your service language?
We speak English, Spanish and French.
What is the banking system like in Paraguay and Panama?

Paraguay: The banking system is modernizing rapidly and a digital bank is now offering account solutions for its people. You can hold Guarani and USD accounts. We offer bank account openings for both individuals and corporations. 

Panama: The Financial hub of South and Central America where the Word Bank is headquartered for this part of the world. Panama boasts an established financial system with several domestic local and international banking presence. We offer services to open personal and corporate bank accounts dependin on the applicant’s status. 

A blog will be written on this to expand further.

Contact us for a free consultation

 

What is the health care system like in Paraguay / Panama?

Paraguay
Private and Public health care are offered in Paraguay and we recommend that expats use private health care clinics as they are superior to their counterpart health care hospitals offering better equipment and broader availability of doctors. 

During 2020, due to Covid pandemic, there was a large-scale programme to update and expand hospitals and health centres.  Major improvements were made to facilities and the government has made it a high priority to continue improving the system wtih newer modern tech equipment and digitalizing their systems. 

Panama
Panama is known to have a robust medical tourism industry and many or most of the doctors are American trained. It lists on of the top 3 South American countries for private health care. As to public, again, there are issues with the system as in many countries even including some developed nations suffering long waiting times. 

Do I have to pay health care in Paraguay and Panama?
It is optional, however, if you are hired by a company to work, you may be required to take out private health insurance and we are happy to suggest brokers we have worked with.
Does Paraguay and Panama require initial deposit for banking or immigration?

Paraguay: No. No deposit needed for individuals. Investors must show fiscal solvency.

Panama: Yes. For individuals there is a significantly higher investment requirement is $300k depending on the available residency program. We do offer some solutions attractive solutions that are lower than this investment amount due to their unique category.

Contact us for a free consultation

How easy is it to obtain residency in Paraguay and Panama?

Paraguay is one of the easiest and most affordable residencies in the world. There is no deposit required nor any investment under the individual’s 2 year provisional residency program. The paperwork requirement is light, and you only need to visit two times for up to 3 business days and receive your permanent residency within 45-60 days following submission of your dossier to immigration.

We also offer a direct path solution to Permanent residency under our investor program. Contact us for a free consultation.

Panama also offers a 2-year provisional residency program but with a significantly higher investment deposit requirement for individuals. There are also other programs available that can provide more direct permanent residency options for investors.

Contact us for a free consultation

Can I jump the 2 year provisional residency and go straight to permanent residency?

Our fast track plan for investors helps you do so.

Contact us for a free consultation

What travel restrictions exist for citizens of Paraguay?
The Paraguay passport allows you to travel to and throughout most of Europe with no visa for 90 days .
Your Cedula permanent residency card also provides you access to the Southern Common Market. (MERCOSUR) countries such as Argentina Brazil, Uruguay, and other south American associate member countries.
What’s the current growth of GDP in Paraguay?
Up to 4.4% annually over the past 15 years.
Can I pay in crypto USDT or BTC?

Yes! We accept these two crypto payments.

Contact us for a free consultation

Are Paraguay and Panama safe countries?
Both are considered safe South American countries.
Does the service work for Canadian and American nationals?

Paraguay and Panama are very Canadian and American friendly. Guidance and assistance for obtaining an issuance of a birth certificate according to Canadian procedures available. Our partner network can simplify your immigration process. We can accommodate your needs and even more so with our country-of-origin and country-of-birth support services.

Once all original properly processed documents are received in your possession from CANADA or USA your dossier undergoes a final review and approval from our Paraguayan and/or Panamanian legal team.

Contact us for a free consultation

Availability to Europeans and other foreign nationals?

Yes. We can accommodate foreign nationals of the Hague convention and non- Hague convention countries. Check with us.

Does the service work for citizens of countries in Asia?

The concierge service is customized to country of origin. We can help most foreign nationals achieve provisional residency and FastTrack to permanent residency. However, the process and service price vary depending on complexity and nationalities.

Contact us for a free consultation

What business models exist for investors?

Paraguay and Panama offers several business models to accommodate the intent to bring foreign capital. Each with its own benefits. Find out with our no obligation Contact us for a free consultation.

Are only the wealthy able to benefit from your services?

The Permanent residency for Paraguay is one of, if not the most affordable in the world and can be obtained by most people in North American and the EU.

Contact us for a free consultation

Who would be restricted from using your services?

Politically exposed persons and those with serious criminal events on their police record. 

If you have a misdemeanor then contact us and let’s see if something can be done. 

Contact us for a free consultation

 

Does Paraguay and Panama accept crypto?
There are many OTC (over the counter) Brokers in both Panama and Paraguay with whom to convert crypto into local currency
Do I need a vaccination for my visit to Paraguay or Panama?
No for Paraguay.

As to Panama: If coming as a visitor non-resident and unvaccinated, you would be asked to take a test upon arrival at the airport to prove negative COVID 19