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RESIDENCE or CITIZENSHIP?
Residence, settlement and citizenship are legally equivalent terms in Paraguay.
From a legal point of view, when one obtains residence, they acquire the status of Paraguayan citizen for civil and commercial purposes, with all the rights and duties of any other citizen.
But beware: settling or obtaining residence in Paraguay does not equate to having Paraguayan nationality. To be able to apply for citizenship, a naturalization process is necessary, which requires a minimum stay of three years as a temporary resident.
The difference between having nationality – or citizenship – and residence, whether temporary or permanent, lies in the fact that with the latter
the Paraguayan passport is not obtained and there is no right to vote in the country.RISK DISCLAIMER
The "Contract for Differences" (CFD) are generally products with financial leverage. Over-The-Counter (OTC) trading of CFDs related to commodities, Forex, indices, and stocks involves a high level of risk and may result in the loss of the entire invested capital. Therefore, CFDs may not be suitable for all investors. You should not invest money that you cannot afford to lose. Before deciding to trade, you should be aware of all the risks associated with OTC CFD trading and seek the advice of an independent and duly authorized financial advisor. Past performance is not a reliable indicator of future results. Future forecasts do not constitute a reliable indicator of future performance. The general information and/or recommendations provided by the Company should not be interpreted as investment advice. For more information, we invite you to consult our General Risk Disclosure Policy.
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By continuing to browse or use the services, you declare that you have read, understood and accepted this Risk Disclaimer and General Risk Disclosure Policy.
