Living in Paraguay: the ultimate expat guide
Everything you need to know for a successful life in Paraguay.
Despite being one of the smallest South American countries, Paraguay has many assets that are bound to seduce expatriates : a calm and serene atmosphere, a multiethnic population, diverse cultures.
Living in Paraguay can be a really enriching experience thanks to its population's charm and warmth. You will be taken aback by its historical legacy, both rustic and sophisticated, and its natural wealth.
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.
