Do I need to open a company to get residency in Bolivia?
No. For the first year, you only need a notarized sworn statement of intent and bank statements showing
$4,800 or monthly income above approximately $400. Company formation becomes useful if you want a 3-year
visa from the start, or for year 2+ renewal.
Can I get a 3-year visa right away?
Yes, if you have a services contract from a Bolivian company. It does not have to be your company; any
qualifying Bolivian entity can issue the contract. If you do not already have a Bolivian client or
employer to sign with, forming a simple SRL (minimum capital Bs 200 plus legal fees, usually 1 to 2
weeks) and contracting through it is a common way to meet the requirement. That route skips the year-1
renewal and gives you an uninterrupted path to permanent residency.
How long does the process take?
You enter as a tourist, wait 15 days, then file. The visa itself is now issued the same day in both
La Paz and Santa Cruz (typically 20–30 minutes at immigration). The cédula step at SEGIP is what
differs by city: about 1–5 days in La Paz, and 15–25 days in Santa Cruz depending on the queue. Some
clients file in Santa Cruz and fly to La Paz for the cédula appointment to shorten that wait.
Do I need to wait 15 days before applying?
Yes. You must be in Bolivia as a tourist for 15 days before applying to change your immigration status.
Most clients use that time to secure an address, prepare bank statements, and complete the local medical
and police-related steps with legal support.
Do I need to bring apostilled documents from my home country?
No. Bolivia's immigration system relies on locally obtained records such as the Interpol check, medical
certificate, and your passport. For the initial visa, you generally do not need a birth certificate,
home-country criminal record, or apostilles.
Can I use an Airbnb or temporary rental as my address?
Yes. An Airbnb can work for the address requirement. In practice, you typically need a photo of the
front door plus the owner's full name, ID number, and phone number. A long-term lease is not required
for the initial process.
What do I actually get?
A cédula de identidad de extranjero, Bolivia's national ID card. This lets you open bank accounts,
access exchanges, get a driver's license, serve as legal representative of a company, and operate fully
legally in Bolivia.
Can I get proof of address for crypto exchanges and compliance checks?
Yes. We can help clients with practical proof-of-address solutions in Bolivia for things like exchange
KYC, banking, and other compliance requirements. The exact document depends on the platform, but having
a Bolivian address setup and your cédula makes this much easier.
How much does it cost through Plan Bolivia?
Standard is $1,999 per person for 1-year residency. Multi-Year is
$2,499 per person for up to 3 years of residency via our optimized-for-you pathway. Both packages are
available in La Paz or Santa Cruz and include lawyer coordination and government fees.
Add-ons: VIP Fast-Track (+$499) for priority processing, and Mastermind
community (+$50/month) for ongoing access. See full pricing.
When can I apply for permanent residency?
Permanent residency is typically available after 3 continuous years of temporary
residency in Bolivia. Keeping your residency continuous, without long gaps or lapses, matters, because
breaks in presence can reset the clock. Once you reach that milestone, the PR application is a separate
process with its own fees.
Does my first package include everything up to permanent residency?
No. Your initial package covers the current temporary residency process (1 year with Standard, or up
to 3 years with Multi-Year). Renewals and the permanent residency application are separate future
steps, each with their own fees. We will be there to help you at every stage.
Why might I need renewals before PR?
Temporary residency visas are issued for limited terms (1 year with Standard, or up to 3 years with
Multi-Year). To stay on track toward permanent residency, you renew before expiry and keep your
presence continuous. Missing a renewal or being absent too long can cancel your status and reset your
3-year clock.
Can I leave Bolivia during the year?
Yes. Temporary residents get 90 days outside Bolivia per calendar year by default. You can apply for
an extension of up to another 90 days (180 total) before the first 90 expire — approval depends on the
justification you provide. Once you have permanent residency, you can be away for up to 2 years
cumulative. With citizenship, there are no absence restrictions.
What happens if I stay outside Bolivia too long?
If your temporary residency lapses because you exceeded the absence limit, you can usually restart the
process, but your timeline toward permanent residency resets. The biggest risk is losing continuity, not
being blacklisted. That is why travel planning matters during the first three years.
Will I be fined if I stay outside Bolivia too long?
In this temporary-residency scenario, there is no automatic fine or blacklist. The real consequence is
that you need to restart and your residency timeline resets to day 1 toward permanent residency.
Is my foreign income taxed in Bolivia?
No. Bolivia has a territorial tax system. Only income generated inside Bolivia is subject to taxation.
Foreign investment returns, crypto gains, pensions, and remote work income are generally not taxed in
Bolivia.
Does Bolivia report my bank accounts to my home country?
Bolivia has not implemented CRS as of March 2026. Bolivian banks do not currently share account
information automatically with foreign tax authorities through that system. International rules can
evolve, so this should be monitored over time.
Is Bolivia a good option for remote workers, retirees, and investors?
For many clients, yes. Bolivia is especially attractive for people with foreign-source income who want
a simple residency path, low living costs, and territorial taxation. It is generally less attractive for
people who need to spend most of the year outside Bolivia during temporary residency.
Can my family come with me?
Yes. Dependents such as a spouse, parents, or children can apply for a family visa based on your
residency. For a parent, you generally need your own birth certificate to prove the relationship. In
some cases, family members can also qualify independently if they meet the financial requirements.
What if I overstayed a tourist visa in Bolivia before?
If you paid the fine at the time, the immediate record is cleared. However, an overstay zeroes out the
rest of your tourist day allowance for the year, so you cannot simply re-enter as a tourist and apply.
You would need to enter under a different visa category (such as a specific purpose visa) tied to your
intended activity in Bolivia. Talk to us first if you have an overstay in your history so we can plan
the right entry route.
Has anyone been denied?
Our legal partner reports a five-year track record of handling immigration cases weekly with zero
denials. If your documents are in order, the process is typically straightforward rather than
discretionary.
How hard is it to close a company if I leave?
If the company has no employees, debts, or active tax obligations, it can usually be closed in 1 to 2
weeks. Companies with active operations take longer because liabilities and employee matters must be
settled first.
Can I get a driver's license?
Yes. Once you have your cédula, you can apply for a Bolivian driver's license. You will need to pass a
driving test.
Can I get permanent residency and later citizenship?
Yes. After 3 continuous years of temporary residency, you become eligible to apply for
permanent residency, citizenship, or both, and they run in parallel at
that point. Permanent residency has no exam and lets you stay indefinitely. Citizenship requires a
Spanish-language history exam and Foreign Relations Ministry approval (roughly 1 year of processing).
Bolivia allows dual citizenship, so you do not need to renounce your original nationality. Neither the
PR nor the citizenship application is included in your initial residency package. Both are separate
future services we will quote when you are closer to that stage.
Do I have to renounce my current citizenship if I become Bolivian?
No. Bolivia recognizes dual citizenship, so you do not need to renounce your original nationality if
you later naturalize.
Will Bolivia reverse its crypto-friendly stance?
Our legal partner, who follows the regulatory landscape closely, is confident the government will not
reverse course. Crypto was re-legalized in 2024, the government itself has used stablecoins for imports,
and the current administration's direction is toward economic openness and foreign investment.
Do you offer encrypted channels for communication?
Yes. For clients who prefer private communication, we offer E2E encrypted email via Proton Mail (contact@gainz.llc, key available here), encrypted calls via Signal, Keet, or
Proton Meet, and chat via Signal or Keet on request. Bitcoin payment is also available; simply ask for
details.