The main difference between the programs is that Panama’s provides a path to citizenship without ever staying very long in-country, while Paraguay’s is maintainable as a permanent resiidency with only short occasional visits, but to gain Paraguayan citizenship you must spend the majority of 3 years in-country. One source for this (though I’ve looked at many): https://nomadcapitalist.com/second-passport/paraguay/
FWIW, a lawyer I’m speaking to about these options says that Paraguay’s program is expected to change in the near future as well; they sit on the Paraguayan committee that’s working on amending the law.
The main difference between the programs is that Panama’s provides a path to citizenship without ever staying very long in-country, while Paraguay’s is maintainable as a permanent resiidency with only short occasional visits, but to gain Paraguayan citizenship you must spend the majority of 3 years in-country. One source for this (though I’ve looked at many): https://nomadcapitalist.com/second-passport/paraguay/
FWIW, a lawyer I’m speaking to about these options says that Paraguay’s program is expected to change in the near future as well; they sit on the Paraguayan committee that’s working on amending the law.