By The Rio Times | Created at 2026-07-26 07:15:16 | Updated at 2026-08-08 13:11:43
1 week ago
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Expats & Investment · Paraguay
Key Facts
—The influx. Brazilians filed 9,125 residency requests in Paraguay in the first quarter of 2026, about 64% of all foreign applications.
—The draw. Paraguay offers some of the lowest taxes on the continent, an affordable cost of living and a fast-growing market.
—The property boom. High-end developer Raíces Real Estate sold half of its US$26 million in 2026 sales, or US$13 million, to Brazilian buyers.
—The prices. Prime Asunción runs about US$1,500 to US$2,500 per square meter, with Ciudad del Este at US$900 to US$1,400 and Encarnación around US$800.
—The jobs. The construction surge is pulling in Brazilian civil engineers, architects and building technicians.
A growing wave of Brazilians is moving to Paraguay to work and start businesses, drawn by low taxes and cheap living, and their arrival is powering a luxury real-estate boom in Asunción.
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Paraguay Becomes the Favorite Plan B
For a growing number of Brazilians, Paraguay has become the destination of choice for a professional reset. In the first quarter of 2026 alone, 9,125 filed for residency, making up nearly two-thirds of all foreign applications.
The appeal is straightforward: low taxes, a modest cost of living and a market expanding fast enough to reward newcomers. For entrepreneurs and remote earners, the math is compelling.
A Luxury Property Surge in Asunción
That migration is landing hardest in high-end real estate. Developer Raíces Real Estate reported that half of its US$26 million in 2026 sales, some US$13 million, went to Brazilian buyers.
Prices reflect the heat without yet matching big Brazilian cities. Prime Asunción trades at roughly US$1,500 to US$2,500 per square meter, still a discount to São Paulo or Rio.
Where the Value Still Sits
Beyond the capital, the numbers fall further. Ciudad del Este runs about US$900 to US$1,400 per square meter, while Encarnación sits near US$800.
For Brazilian investors, that spread is the opportunity. It allows a move that combines lifestyle, lower taxes and property upside in a single decision.
A Construction Boom That Needs Talent
The building surge in Asunción has heated up the construction sector, and Paraguayan firms are hiring across the border. Brazilian civil engineers, architects and technicians are finding roles at mid-sized and large companies.
For expats weighing the region, Paraguay now offers both a place to live cheaply and a place to work. Whether the boom cools or compounds will depend on how long the tax and cost advantages hold.
Frequently Asked Questions
How many Brazilians are moving to Paraguay?
Brazilians filed 9,125 residency requests in Paraguay in the first quarter of 2026, about 64% of all foreign applications, drawn by low taxes and cheap living.
Why is Paraguay attractive to Brazilians?
Paraguay offers some of the lowest taxes on the continent, an affordable cost of living and a fast-growing economy, plus jobs in a booming construction sector.
What is happening to property prices in Asunción?
Demand from Brazilian buyers is driving a luxury boom; prime Asunción runs about US$1,500 to US$2,500 per square meter, still below major Brazilian cities.
Sources
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