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 now dot Asunción, a ...
Learn more about Bloomberg Tax or Log In to keep reading:
See Breaking News in Context
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools and resources.