Yes, generally. Law No. 2532 restricts nationals of neighbouring countries and companies majority-owned by them from owning, co-owning or holding usufruct over rural property within 50 km of Paraguay's land and river borders. A public-interest exception may be granted by executive decree; Law No. 2647 also preserves specifically listed cases, including nationals of neighbouring countries who hold permanent residence in Paraguay. Every purchase still requires title, cadastre, restriction, tax and notarial checks; Plan B coordinates that due diligence.
Requirements can change. We verify the current rules again before any filing or transaction.
Official sources
How we prepare this guide
We begin with official public sources, then compare them with the questions we handle in practice in Paraguay. Before a client acts, we recheck the applicable rule, the documents and the facts of the specific property or case.
Prepared by Plan B Paraguay