Dominican Republic Retirement Visa vs Paraguay Pensionado Visa
Dominican Republic retirement route: $150 fee, 12 months. Paraguay retirement route: $370 fee, 6 months.
- Paraguay Pensionado: $1,300 a month, $200 less than Dominican Republic Retirement.
- Dominican Republic Retirement: $150 to apply, $220 less than Paraguay Pensionado.
- Dominican Republic Retirement: about 3.5 weeks, 49 weeks sooner than Paraguay Pensionado.
Built for: Retirees.
- Income
- $1,500/mo
- Fee
- $150
- Duration
- 12 months
- Income
- $1,300/mo
- Fee
- $370
- Duration
- 6 months
Next steps
Dominican Republic Retirement
Paraguay Pensionado
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Side by side
Dominican Republic Retirement Visa
Paraguay Pensionado Visa
Visa type
Status
Initial duration, months
Renewable
Built for
Practical minimum age, years
Nationality restrictions
Processing time, minimum (weeks)
Processing time, maximum (weeks)
Where to apply
Interview required
Medical exam required
Minimum income, per month
Minimum savings, one time
Minimum investment, one time
Investment types
Application fee, one time
Renewal cost, one time
Extra income per adult dependent
Extra income per child dependent
Income sources accepted
Social Security counts as income
Pension income recognized
Local work permitted
Health insurance required
Local bank account required
Apostille required
US FBI background check required
Certificate of coverage required
Required documents
Leads to permanent residency
Years to permanent residency
Years to citizenship, PR plus naturalization
Days in country, per year
Maximum consecutive days abroad
Tax regime
US tax treaty
| Field | Dominican Republic Retirement Visa | Paraguay Pensionado Visa |
|---|---|---|
| Visa type | Retirement | Retirement |
| Status | Active | Active |
| Initial duration, months | 12 (Longest initial stay) | 6 |
| Renewable | Yes (Renewable) | No |
| Built for | Retirees | FIRE, Retirees, Passive investors |
| Practical minimum age, years | 50 | Not specified |
| Nationality restrictions | Open to all nationalities | Open to all nationalities |
| Field | Dominican Republic Retirement Visa | Paraguay Pensionado Visa |
|---|---|---|
| Minimum income, per month | $1,500 | $1,300 (Lowest known income requirement) |
| Minimum savings, one time | Not specified | $200,000 |
| Minimum investment, one time | Not applicable | Not applicable |
| Investment types | Not applicable | Not applicable |
| Application fee, one time | $150 (Lowest known fee) | $370 |
| Renewal cost, one time | Not specified | $0 |
| Extra income per adult dependent | 16.7% | Not specified |
| Extra income per child dependent | 16.7% | Not specified |
| Field | Dominican Republic Retirement Visa | Paraguay Pensionado Visa |
|---|---|---|
| Income sources accepted | Pension or Social Security | Pension or Social Security, Passive income |
| Social Security counts as income | Yes | Yes |
| Pension income recognized | Yes | Yes |
| Local work permitted | No | No |
| Field | Dominican Republic Retirement Visa | Paraguay Pensionado Visa |
|---|---|---|
| Processing time, minimum (weeks) | 3 weeks | 1 weeks (Fastest known processing) |
| Processing time, maximum (weeks) | 4 weeks (Fastest known processing) | 104 weeks |
| Where to apply | Apply at a Dominican consulate if from abroad, or directly at the immigration office if already inside the Dominican...See where to apply on the visa page | Not specified |
| Interview required | No | No |
| Medical exam required | Not specified | No |
| Field | Dominican Republic Retirement Visa | Paraguay Pensionado Visa |
|---|---|---|
| Leads to permanent residency | No | No |
| Years to permanent residency | Not specified | 2 years |
| Years to citizenship, PR plus naturalization | Not applicable | Not applicable |
| Days in country, per year | Not specified | 180 days |
| Maximum consecutive days abroad | Not specified | 1,095 days |
| Field | Dominican Republic Retirement Visa | Paraguay Pensionado Visa |
|---|---|---|
| Tax regime | Territorial | Not specified |
| US tax treaty | Not specified | Not specified |
| Field | Dominican Republic Retirement Visa | Paraguay Pensionado Visa |
|---|---|---|
| Health insurance required | Yes | Yes |
| Local bank account required | Yes | No (No local bank account needed) |
| Apostille required | Not specified | Yes |
| US FBI background check required | No (No US FBI background check needed) | Yes |
| Certificate of coverage required | No | No |
| Required documents | 6 items listedSee full list on the visa page | Not specified |