Paraguay allows foreigners to purchase urban real estate without restrictions. Only rural properties in border zones have specific limitations (Law 2532/2005). The purchase process is transparent and in dollars.
Step-by-step process
- Choose the property and agree on the price with the seller or agency
- Obtain RUC (Tax ID) — required for any formal operation in Paraguay
- Hire a licensed notary — they verify titles, draft the public deed and register at DGRP
- Sign purchase agreement — with deposit of 10–20% of price
- Notary deed signing — both parties sign, balance paid
- Registration at DGRP — notary handles this in 15–30 days
Approximate costs
- Notary fees: ~1.5–2% of property value
- Stamp tax (IITG): ~1% of cadastral value
- DGRP registration: ~0.5% of value
- Total estimate: 3–5% of purchase price
Find specialized notaries and lawyers in our professional services section.