What is life like in Paraguay?

The economy in Paraguay is stable, while the cost of living is very low – especially if you’re coming from areas such as Europe or North America. This makes Paraguay the best country in LatAm to live if you’re looking to safeguard some assets or purchase property which will maintain its value.

Is Paraguay a nice place to live?

Is Paraguay a good place to live? Yes, Paraguay is a great place to live for anyone wishing to discover a new and unspoilt land. You will find the people of Paraguay to be warm and welcoming always willing to invite guests to their homes or to explain and demonstrate the culture of Paraguay.

What are major problems in Paraguay?

Paraguay is still a developing country and it has been for a very long time one of the region’s poorest, least-developed, and most isolated country (About Paraguay). Along with this, Paraguay has very important environmental issues such as toxic waste dumping in its rivers, water pollution, and deforestation.

Why is Paraguay so poor?

There are high levels of inequality in the country. This inequality is the main reason for the devastating poverty in Paraguay. In the late ’90s, less than 10 percent of the population owned and controlled 75 percent of the land. This left most of the rural population without land and living in extreme poverty.

Why should you live in Paraguay?

In addition, Paraguay has the most stable currency in South America and it benefits from a stable market economy and a stable democratic Government. And last but not least, Paraguay’s safety is really excellent. Paraguay’s cities are modern and lively, but they also show the typical atmosphere of south American cities.

Why should I move to Paraguay?

Why Foreigners Move to Paraguay Stability of economy. Availability of cheap real estate for foreigners. Ease of gaining residency for foreigners. Low/non existent taxes on local or foreign sources of income for residents.

How corrupt is Paraguay?

Transparency International’s 2016 Corruption Perception Index ranks the country 123rd place out of 176 countries. This ranking was an improvement from 2004 when the country was classified among the six most corrupt countries in the world and the second most corrupt in the Western Hemisphere.

Is Paraguay safe?

Paraguay is generally a safe country though it has its many dangers in the form of petty crime, violent crime, smuggling, money laundering, corrupt police and many other. Just apply basic precaution measures and you should be fine.

What makes Paraguay unique?

The most famous are ‘the heart of South America’, ‘the land of water’ and ‘the island surrounded by mainland’. Largest navy: Although Paraguay only has land borders, it has a large navy. Of all the countries in the world without access to the sea, Paraguay has even the largest naval power.

Is it cheap to live in Paraguay?

One of The Cheapest Options In Latin America The cost of living in Paraguay is extremely low, although rising fast. It’s a country where ethnic Europeans and the indigenous population live in harmony. It is also the only South American country with no taxes on foreign income.