Wedged between South American heavyweights Argentina and Brazil, Paraguay has long been ignored by the international community. Small, landlocked and poor, it was often seen as just a fly-over country.
So it’s a little surprising — to both those in the capital and in the region — that the country of 6.1 million people is suddenly having a moment.
Lured by low taxes, entrepreneurs from across Latin America are plowing in money and taking up residence, with applications surging more than 60% in 2025. Sleek towers and luxury car dealerships ...
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