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Nicaragua or Paraguay

Two countries side by side across the same rows as the full comparison. A dash means the value is missing: fields are not filled with guesses. about the data

Nicaragua and Paraguay across the reference rows
NicaraguaParaguay
Salary in IT——
Citizenship4 years3 years
Partner can workyes—
Parentsdoable—
Petsno troubleno trouble
Pet limitno limit5
Quarantinenono
Residence permit fee——
Rent, 2 bedrooms$ 312 · estimate$ 687 · estimate
Basket$ 32,1$ 22,9
Life expectancy75.173.98
Homicides/100k5.456.88
Natural hazards, 0–105.82.6

How the two sets of routes differ

Long-stay routes in this reference: Nicaragua — 25, Paraguay — 11. Types present in both: family and investment. Nicaragua adds: work, study and retirement.

Fees, thresholds and deadlines

Nicaragua: fees range from 25 to 500 USD. Routes stating an income threshold: 2; the lowest is 1,000 USD a month. Routes with a published decision deadline: 24; the shortest is 30 days. Paraguay: fees range from 585,385 to 2,926,925 PYG. Routes with no fee: 2.

Beyond the first permit

Permanent status: Nicaragua after 3 years, Paraguay after 2 years. Citizenship: Nicaragua after 4 years, Paraguay after 3 years. Neither recognises a second citizenship.

Nicaragua in brief

The Ley General de Migración y Extranjería (Ley No. 761, consolidated text as of 18.01.2024) divides foreigners into residents and non-residents; residents are divided into temporary (1–3 years) and permanent. Pensioners and rentiers with confirmed income from USD 1,000 and USD 1,250 a month respectively (Ley No. 694), investors, family members of residents, and nationals of other Central American countries obtain permanent residence directly, bypassing the temporary tier; for other temporary residents, the general route is more than three years of continuous lawful stay. Citizenship is available after four years of permanent residence with renunciation of prior nationality, or — for natives of Spain, Central American countries and spouses of Nicaraguan citizens — after two years without such renunciation. Nicaragua is part of the CA-4 bloc together with El Salvador, Guatemala and Honduras: the visa for third-country nationals is unified across the bloc (art. 108 of the law), and the 90-day stay count, per independent confirmation from the UK government, does not reset when crossing borders within the bloc — a regular cause of unintentional visa overstay in the region. Importing dogs and cats, per data from the UK veterinary agency APHA, requires neither quarantine nor a rabies antibody titre test given current vaccination (IPSA's own site does not publish substantive import requirements). The country lies in the Pacific volcanic belt: about 87% of seismic activity is recorded near the Pacific coast (including at San Juan del Sur — one of the three officially named concentration zones), with a further roughly 10% along the volcanic chain, which includes the active Masaya volcano and volcanoes near León and Granada (INETER/INIDE). The country's Caribbean coast falls within the hurricane season (June–November) with a significantly higher risk of a direct hit than the Pacific-side cities studied here; Hurricane Felix in 2007 and Hurricanes Eta and Iota in 2020 struck precisely the Caribbean coast. The cost of living in the country is among the lowest in Latin America (a nine-item grocery basket costs about USD 32 per livingcost.org), and income indicators are among the lowest in the region: per-capita health spending (USD 216.55 a year, World Bank, 2023) is one of the lowest figures in the sample collected across countries.

Paraguay in brief

Paraguay stands out for two things. The first is nature: earthquakes 0.1 out of 10, cyclones 0.0, an overall risk of 2.6 on the INFORM scale. That is one of the calmest profiles in this guide; what remains is river flooding and heat. The second is how residence is built: the temporary status under law No. 6984/2022 carries the right to work and study from the moment the application is filed, becomes permanent after two years, and three years after that opens the way to citizenship with no language exam. Count the whole chain, though: about five years from arrival, not three. The main constraint is that citizenship here replaces the old one rather than adding to it — multiple nationality is allowed only by international treaty, and a naturalised Paraguayan loses the passport on voluntarily acquiring another. Control of corruption at −1.02, among the worst in the region, also deserves weight.

Other comparisons

Nicaragua or… Panama · Costa Rica · Peru · Ecuador · Trinidad and Tobago · El Salvador · Cuba · Guyana

Paraguay or… Honduras · Belize · Bolivia · Colombia · Greenland · Jamaica · Bahamas · Guatemala

More on each: Nicaragua · Paraguay. Build your own comparison — up to four countries

This material is for reference and is not legal, tax or immigration advice. Visa rules, tax thresholds and prices change. Before deciding anything, check the official sources and consult a licensed professional in the relevant country.