FREE REPORT: THE BEST PLACES TO RETIRE IN 2025
We Value Your Privacy! We will not share your email address with anyone else, period.

THE 10 BEST PLACES TO RETIRE IN 2025

the 10 best places to retire in 2025

PLUS: A SPECIAL BONUS DESTINATION

Simply sign up to receive the FREE daily e-letter, Overseas Opportunity Letter, and we’ll immediately email you our editors’ latest research report… absolutely FREE

We Value Your Privacy! We will not share your email address with anyone else, period.

Paraguay Facts And Figures

Contents FAQS Articles Resources Facts About Paraguay Here you will find our Paraguay facts and figures, including; population data, languages spoken, currency and exchange rate, government system and leaders, chambers of commerce, and much more. Paraguay’s Official Language The official language of Paraguay is Spanish, but it is the only South American country where the […]


We Value Your Privacy! We will not share your email address with anyone else, period.
buildings at night by the water. cost of living in Paraguay

Facts About Paraguay

Here you will find our Paraguay facts and figures, including; population data, languages spoken, currency and exchange rate, government system and leaders, chambers of commerce, and much more.

Kathleen

Reviewed By Kathleen Peddicord

Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

Where To Retire At Any Age - And Guarentee Yourself A Richer Liefstyle
Cover for Kathleen Peddicord's book At Home Abroad
Plus, Revealed Inside Your Free Book: 12 Top Places Where You Can Live The Good Life From As Little As $1000 A Month…
Revealed Inside Your Free Book:
THE SECRET THAT WILL SAVE YOUR FINANCIAL FUTURE
FREE BOOK COWBOY MILLONAIRE THE NEW AMERICAN PIONEER

Experience The World’s #1 Retirement Haven

Sept. 17-19, 2025
Valencia, Spain

Start Your New Overseas Life Today

A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today 2025

We Value Your Privacy! We will not share your email address with anyone else, period.

Start Your New Life Overseas Today!
Sign up for our free daily e-letter, Overseas Opportunity Letter, and we'll send you a FREE report on the 10 Best Places To Retire In 2025.
We Value Your Privacy! We will not share your email address with anyone else, period.

Paraguay’s Official Language

The official language of Paraguay is Spanish, but it is the only South American country where the indigenous language, in this case Guarani, is still widely spoken.

Most Paraguayans speak both, and talk a version of Spanish amongst themselves that is often incomprehensible to other Spanish speakers.

However, when talking to foreigners, they invariably and automatically switch to “normal” Spanish. English is not so widely spoken.

You will find quite a few English-speaking professionals and businesspeople, especially in the capital and in Ciudad del Este. However, when you venture out onto the street, or if you want to deal with government agencies like immigration, it pays to have at least some basic Spanish.


Information TypeParaguay Data
Population6,929,153 (Oct. 2024 est.)
Gross Domestic Product PPP (GDP)$171.22 billion (2024 est.)
GDP Per Capita$6,672 (2024 est.)
Inflation Rate4.1% (2024 est.)
CurrencyParaguayan guaraní
Exchange Rate Versus U.S. Dollar7,805 (2024 est.) guaraní per U.S. dollar
LanguagesSpanish (official), Guarani (official)
CapitalAsunción
Capital City Population3,569 million (2024)
Time ZoneGMT – 4 (One hour ahead of Washington, DC, during Standard Time)
Seasons (Climate)subtropical to temperate; substantial rainfall in the eastern portions, becoming semiarid in the far west
International Dialing Code595
Electricity220V-240V (Plug type: CEE7/4, CEE7/16, Schuko)
System of Governmentpresidential republic
Name of Current LeaderPresident Santiago Peña
Sales Tax10%
Restrictions on Foreign
Ownership of Property
N/A
Local Chamber of CommerceChamber of Commerce of Paraguay
Estrella 550,
Encarnación, Asunción, Paraguay
T : (21) 493-321
F : (21) 440-817
American Chamber of CommerceParaguayan-American Chamber of Commerce
25 de Mayo 2090 esq. Mayor Bullo.
Barrio Ciudad Nueva
Tel.: (+59521) 222 160
Asunción, Paraguay
Email: info@pamcham.com.py
Primary Exportssoybeans, livestock feed, cotton, meat, edible oils, wood, leather
Special Benefits for Foreign Residents or RetireesN/A
National AirlineLATAM
Start Your New Life Overseas Today!
Sign up for our free daily e-letter, Overseas Opportunity Letter, and we'll send you a FREE report on the 10 Best Places To Retire In 2025.
We Value Your Privacy! We will not share your email address with anyone else, period.
Kathleen

Reviewed By Kathleen Peddicord

Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

Where To Retire At Any Age - And Guarentee Yourself A Richer Liefstyle
Cover for Kathleen Peddicord's book At Home Abroad
Plus, Revealed Inside Your Free Book: 12 Top Places Where You Can Live The Good Life From As Little As $1000 A Month…
Revealed Inside Your Free Book:
THE SECRET THAT WILL SAVE YOUR FINANCIAL FUTURE
FREE BOOK COWBOY MILLONAIRE THE NEW AMERICAN PIONEER

Experience The World’s #1 Retirement Haven

Sept. 17-19, 2025
Valencia, Spain

Start Your New Overseas Life Today

A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today 2025

We Value Your Privacy! We will not share your email address with anyone else, period.

Paraguay Facts And Figures - FAQ's

Portugal is on the Iberian Peninsula, in the southwest corner of Europe. Portugal shares that peninsula Spain, its larger neighbor.

Portugal is known for Fado music and also for being the largest cork producer in the world.

Portugal’s high season is during July and August, especially to coastal areas. Expect to pay at least a 30% premium on accommodation and encounter warm weather across the country.

Yes, Portugal is a sought after retirement destination. In fact, it’s one the world’s top retirement havens.

RETIRE OVERSEAS AND LIVE LIKE ROYALTY

Sign up for FREE and learn how to live the good life on a modest budget, find bargain property, and more. Plus, check out our free report on the 10 BEST PLACES TO RETIRE.

We Value Your Privacy! We will not share your email address with anyone else, period.

RETIRE OVERSEAS AND LIVE LIKE ROYALTY

Sign up for FREE to learn how. Plus, check out our FREE report on THE 10 BEST PLACES TO RETIRE


We Value Your Privacy! We will not share your email address with anyone else, period.