Paraguay places no restrictions on foreign ownership of urban property — you take full title (escritura pública) registered in your own name, without residency. The one exception is a border-zone rule for rural land within 50 km of the frontier.
A passport, and a Paraguayan tax ID (RUC) for the closing. A local bank account is helpful but not required. If you are buying from abroad, most of the process can be prepared before you travel.
Every closing in Paraguay runs through an escribano — a licensed notary who verifies the title at the Public Registry, drafts the deed, and registers the transfer in your name. Your escribano is your legal safeguard; we coordinate the due diligence with them on your behalf.
Plan on roughly 2.5–3% on the buyer side, covering the escribano's fees, transfer taxes and registration. We put the exact amounts in writing before you commit to anything.
Paraguay's tax regime is one of the simplest in Latin America: 10% corporate tax, 10% personal income tax, 10% VAT. Rental income and capital gains for residents are taxed at 10%, and there is no wealth or inheritance tax.
We are a real estate agency (inmobiliaria) based in Asunción. We source on- and off-market properties to your brief, verify the papers before you see them, coordinate the escribano, and manage the closing end to end — in English, from wherever you are.
This is general information, not legal or tax advice. Confirm your own situation with a Paraguayan notary and your tax advisor.