IBOV 175,135.41 ▲ 0.31% IPSA 11,470.79 ▲ 0.89% IPC MEX 65,829.98 ▼ 0.55% MERVAL 3,001,209 — 0.00% COLCAP 2,489.80 ▼ 0.59% BVL PERÚ 60,629.82 ▲ 0.25% USD/BRL5.18▲ 0.34% USD/MXN16.96▼ 0.14% USD/CLP928.42▲ 0.22% USD/COP3,167▲ 1.26% USD/PEN3.35▼ 0.10% USD/ARS1,512▼ 0.02% USD/UYU40.25▲ 1.46% USD/PYG5,905▲ 0.60% USD/BOB11.65▲ 2.81% USD/DOP58.53▲ 0.83% USD/CRC448.38▲ 1.37% USD/GTQ7.63▲ 2.29% USD/HNL26.83▲ 0.39% USD/NIO36.62▼ 0.02% USD/VES789.69▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.73▲ 1.14% EUR/BRL6.03▲ 0.53% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 175,135.41 ▲ 0.31% IPSA 11,470.79 ▲ 0.89% IPC MEX 65,829.98 ▼ 0.55% MERVAL 3,001,209 — 0.00% COLCAP 2,489.80 ▼ 0.59% BVL PERÚ 60,629.82 ▲ 0.25% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Paraguay implements new migration law

By · October 21, 2022 · 2 min read

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The president of Paraguay, Mario Abdo Benítez, enacted this Thursday a law that establishes a new migration regime in the South American country, intending to modernize the national migration management and to hierarchize the institution in charge of its application.

The new regulation is governed following the recommendations of competent international organizations in the matter of the effective enforcement of public policies in migration.

The official report of the Paraguayan Government states that from now on, the General Directorate of Migration will be renamed as the National Directorate of Migration under the Executive Power.

Government palace. (Photo internet reproduction)
Government palace. (Photo internet reproduction)
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It is the institution in charge of the country’s integral migration regime, with autonomy to dictate its rules and the autarchy that allows it to generate, manage and invest its resources.

One of the main advantages introduced is that temporary residents will now obtain a Paraguayan identity card with a duration equal to that of their residence card.

Under the previous law, only permanent residents could access such documents. Still, from now on, temporary residents will be able to carry out procedures and access public services upon presentation of the identity card.

On the other hand, temporary residents will be granted a term of up to two years of stay in the country, when under the previous law, they were granted up to one year.

In addition, a new subcategory of residence called spontaneous or occasional is incorporated, aimed at foreigners who enter the country intending to carry out occasional lawful activities in a period of up to 90 days, extendable for the same period.

The other categories of residence that remain in force are temporary and permanent residence, the former being an initial mandatory step to obtain permanent residence at the end of the brief stay.

Exempted from this provision are foreign relatives of Paraguayans, such as children, spouses, and grandchildren up to 18 years of age, and foreigners who can reliably prove that they have made investments in the country.

The permanent residence card will be renewed every ten years to request the renewal of the Paraguayan identity card.

Finally, the document clarifies that all the procedures established under the regulations of the Mercosur Residence Agreement and the General Law on Refugees will remain in force.

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For the complete picture, read our in-depth guide: Paraguay: Washington's Most Valued Ally in Latin America

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