Hello! Based on what I read online, to become a resident it is enough to deposit 5k into a local bank account, submit the paperwork and wait for 4 months. I see often people mention we need a "fixer".
It is also said after 3 years, one becomes a citizen. Sounds a bit too magic and effortless. I have also read that naturalized citizens lose their citizenship if they stay away longer than 3 years.
Questions:
- Residency: is the fixer really necessary? What's the ongoing fee for that?
- Citizenship: does one need to stay physically in Paraguay for 3 years to become a citizen?
- Mercosur: if a naturalized citizen goes to another Mercusor Country, gets a temporary residency there under Mercosur, what happens on the 3rd year when the Paraguayan citizenship is lost?
THANK YOU FOR SHARING!