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Paraguay – Reasons to Invest and live there

Paraguay recent election results have confirmed the business-friendly environment will continue. Paraguay produces the highest per capita surplus of electricity worldwide from the Itaipu Dam giving it a stable income base that is even stronger than its agricultural exports. Construction Details The course of the seventh biggest river in the world…

Sustained development of Paraguay

image of Desarrollo sostenido del Paraguay
The sustained development of Paraguay has been recognised by the International Monetary Fund, which has updated its growth forecast to 3.5% for 2016. In previous months, this figure had already been adjusted upward by other observers, such as BBVA Research. For its part, in anticipation of 2017, the IMF has set a projection of 3.6%. This projection assumes that…

Paraguay attracts investments from Uruguay

image of Paraguay attracts investments from Uruguay
Luis Chase, Ambassador of Paraguay in Uruguay, has commented on the fact that in recent years Paraguay has attracted investments from Uruguay, that this is due to the “Policy of the three 10s”: 10% VAT, 10% tax on corporate income and 10% personal income tax. Ambassador Chase added: “In Paraguay there is a fair balance between capital…

Paraguay will grow by 3.1% in 2016

chart of Paraguay will grow by 3.1% in 2016
BBVA Research has confirmed its estimate that Paraguay will grow by 3.1% in 2016. The Government of Paraguay also maintains the same expectation of 3.1% this year. If maintained, the trend will show Paraguay to be the third fastest growing economy in the region this year. Juan Ruiz, chief economist at BBVA Research for South America said: “In Paraguay, we…

Paraguay, Latin America’s growth champion

image of Paraguay attracts investments from Uruguay
Paraguay’s central bank is not ready to give any more juice to an economy that is turning into Latin America’s growth champion. The South American country, landlocked between Brazil, Argentina and Bolivia, is focused on keeping inflation at bay and won’t risk missing its 4.5 percent target to speed up growth as its neighbours weaken, central…

Paraguay opens the welcome mat for business

Paraguay has a simple and serious message Backed by rising growth rates and successful capital market deals, Paraguay is telling the world it is very much open for business. After spending some time in Paraguay, business travellers (whose numbers have been increasing in recent months) may be struck by two thoughts. First, the country’s opportunity…