I recommend visiting the official website, where you can access a document containing all the necessary requirements for obtaining permanent residency in Paraguay.
You can find the link to the website below
Are you already there? Or are you planning to start the process from abroad?
According to my lawyer, you need to employ at least 5 Paraguayans. Making the required investment ($70k) is only the stage 1 of the process. Please consult with an immigration lawyer so that he/she can inform you on the requirements.
Articles to help you in your expat project in Paraguay