Comparison Tool

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PanamaParaguayCosta Rica

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Residency

Panama Qualified Investor Residency

Residency

Paraguay Investor Permanent Residence

Status

Program status

Panama: Operational
Paraguay: Operational

Investment

Minimum investment per route

Panama: New property (from): USD 300,000; Resale property, securities or national-bank deposit: USD 500,000; Private-bank fixed-term deposit: USD 750,000Show full wordingShow less
Paraguay: Productive investment (from): USD 70,000; Tourism investment (from): USD 150,000; Real estate (from): USD 200,000; Financial instruments (from): USD 200,000Show full wordingShow less

Costs

Government fees

Panama: Information pending verification
Paraguay: Information pending verification

Family

Family eligibility

Panama: Spouse, Children · conditions apply
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Children and a spouse can be included; children and a spouse married after approval can be added later.
Paraguay: Spouse, Children · conditions apply
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Spouse, children under 18 and eligible unmarried adult children.

Obligations

Residence requirements

Panama: No residence requirement; one visit every two years is advised.Show full wordingShow less
Paraguay: Permanent residents must visit Paraguay at least once every three years.Show full wordingShow less

Processing time

Panama: Investment certification within 15 business days and a residence decision within 30 business days of a complete file.Show full wordingShow less
Paraguay: The investor certificate is reported to be issued within five business days of a complete application; the residence card takes longer.Show full wordingShow less

Route to citizenship

Panama: Citizenship after five years (one to three years for some Latin American and Spanish nationals).Show full wordingShow less
Paraguay: Naturalisation can be applied for after three years of permanent residence, counted from the permanent admission resolution, with proof of work or income. Paraguay accepts dual nationality only by treaty or constitutional reciprocity; its agreement is with Spain.Show full wordingShow less

Program comparison
Criteria	Residency Panama Panama Qualified Investor Residency	Residency Paraguay Paraguay Investor Permanent Residence	Residency Costa Rica Costa Rica Investor Residence
Status
Program status	Operational	Operational	Operational
Investment
Minimum investment per route	New property (from): USD 300,000; Resale property, securities or national-bank deposit: USD 500,000; Private-bank fixed-term deposit: USD 750,000	Productive investment (from): USD 70,000; Tourism investment (from): USD 150,000; Real estate (from): USD 200,000; Financial instruments (from): USD 200,000	Qualifying investment (from): USD 150,000
Costs
Government fees	Information pending verification	Information pending verification	Information pending verification
Family
Family eligibility	Spouse, Children · conditions apply Full wordingHide full wording Children and a spouse can be included; children and a spouse married after approval can be added later.	Spouse, Children · conditions apply Full wordingHide full wording Spouse, children under 18 and eligible unmarried adult children.	Spouse, Children · conditions apply Full wordingHide full wording Spouse, children under 18 and single dependent children under 25.
Obligations
Residence requirements	No residence requirement; one visit every two years is advised.	Permanent residents must visit Paraguay at least once every three years.	At least one day a year in Costa Rica.
Processing time	Investment certification within 15 business days and a residence decision within 30 business days of a complete file.	The investor certificate is reported to be issued within five business days of a complete application; the residence card takes longer.	About 9 to 12 months.
Route to citizenship	Citizenship after five years (one to three years for some Latin American and Spanish nationals).	Naturalisation can be applied for after three years of permanent residence, counted from the permanent admission resolution, with proof of work or income. Paraguay accepts dual nationality only by treaty or constitutional reciprocity; its agreement is with Spain.	Citizenship after seven years of residence (five for Central American, Ibero-American and Spanish nationals).

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