Buying property in Paraguay as a foreigner is remarkably straightforward, with few restrictions and nearly the same ownership rights as Paraguayan citizens. This 2026 guide explains the full buying process, required documents, closing costs, taxes, financing options, and the details foreign investors should know before purchasing.
Buying Property in Paraguay as a Foreigner: What You Need to Know
Yes, and with the same ownership rights as Paraguayan citizens. There's no residency requirement, no special permit, and no restriction on buying residential, commercial, or agricultural land, with one narrow exception: minor limitations apply to Brazilian and Argentine nationals purchasing land near international border areas.
What Documents You'll Need
The paperwork is lighter than in most countries:
- A valid passport
- Proof of funds
- A Paraguayan tax ID (RUC): not required to purchase, but you'll need one later if the property generates rental income
You do not need Paraguayan residency or a local Cédula to buy. If you don't have one, the notary simply records your passport details directly in the deed.
The Step-by-Step Buying Process
- Select your property with the help of a trusted local agent
- Reserve your unit with a $1,000 deposit
- Sign the purchase contract and pay approximately 20% as your down payment
- Once the property is delivered, complete the title transfer before a notary
A trusted local agent helps you find the unit that fits your goals.
You secure the unit with a $1,000 deposit.
You sign the purchase contract and pay roughly 20% of the price as a down payment.
Once the property is delivered, the deed is completed before a notary; a valid passport is all you need.
Buying Remotely: Is It Possible?
Buying property in Paraguay as a foreigner does not necessarily require traveling to the country. Many international buyers complete the entire transaction remotely.
How Much Does It Cost Beyond the Purchase Price?
Budget for closing costs on top of the purchase price:
| Cost | Typical Range |
|---|---|
| Notary fee | 0.75-2% of declared price (tiered scale) |
| Registration & transfer fees | roughly 1-2% |
| Total closing costs | approx. 3% of purchase price |
Note: published figures vary by source and by the notary's fee scale under Ley 1307/87, always ask your notary for an exact quote before closing rather than relying on published averages alone.
Ongoing Property Taxes
Once you own, annual property tax in Paraguay runs 0.3-1% of the property's fiscal value, among the lowest in South America. If you rent the property out, you'll need a RUC to file taxes on that rental income.
Financing: Cash, Developer Plans, or Mortgage?
Traditional bank mortgages are generally difficult for non-resident foreigners to access in Paraguay. In practice, most foreign buyers either pay in cash or use a developer's own financing plan: for example, MOA's off-plan apartments are available with interest-free financing over 24 to 36 months, often at 20-30% below completed market value.
Which Property Type Fits Your Goals?
- Off-plan apartments: lower entry prices, interest-free financing, and strong potential for capital appreciation by the time construction is completed. Explore projects such as CIVIS X, CIVIS XI, and SOHO to compare available units, locations, prices, and payment plans.
- Ready-to-rent apartments: fully completed and equipped, generating rental income immediately.
- Agricultural land: starting around $10,000 per hectare, for investors interested in Paraguay's agricultural sector.
Thinking About Residency Too?
If your investment is $200,000 or more, it may also open a path to permanent residency under Paraguay's 2026 Investor Pass program.
Talk to MOA Real Estate
Buying property in Paraguay as a foreigner involves several details, including property classification, financing structure, legal documentation, and transaction timing. Contact MOA Real Estate, and the team will guide you through the purchasing process for the specific property you have in mind.
This article is for general informational purposes only and does not constitute legal, tax, or financial advice. Costs and requirements can change; always confirm current figures with a licensed Paraguayan notary or accountant before purchasing.