About Paraguay

Affectionately dubbed “the Heart of South America”, Paraguay is a landlocked country in the central part of South America, bordering Brazil, Argentina and Bolivia. Compared to its prominent neighbours, Paraguay is less known, much less frequently visited and often overlooked. Lacking Brazil’s white sand coastline and Argentina’s heritage, Paraguay attracts travellers and expats who wish to hop off the beaten track and explore one of South America’s most authentic regions.

Paraguay covers a territory of 406,752 km2 and has the population of over 6.8 million people. The country’s capital is Asunción with Ciudad del Este being another busy city. Paraguay’s population in versatile — with an open policy towards newcomers, the country has welcomed immigrants and expats from Germany, Italy, Russia, Brazil, Korea, Poland and more, with the majority of the population being the indigenous mestizos. The country’s two official languages are Spanish and Guarani, and the official currency is Guarani (PYG).

Most European citizens can travel to Paraguay visa-free for up to 90 days while residents of other countries (including USA, Canada, Australia, and New Zealand) do require applying for a visa prior to arrival.

Paraguay is rich in natural resources — the country is home to the world’s largest drinking water reservoir, Guarani Aquifer, and the biggest producer of hydroelectric power, The Itaipú Dam on the border with Brazil. The country’s economy is primarily based on re-export and agriculture, and it is considered one of the poorest countries in the world. With that, come incredibly low prices — in fact, Paraguay has been ranked the cheapest country in the world. This fact, along with the country’s openness to visitors, beautiful nature, and laid-back lifestyle, are what makes Paraguay interesting to expats and tourists willing to venture beyond more popular destinations in South America.