Paraguay is a poor nation on the earth, but it is full of natural resources, which are only now drawing serious attention from other nations. Paraguay has oil, water, ore, iron gold…, and huge fallow agricultural capacity.

With food and commodity, prices are at record highs and still increasing,nthese considerations mean Paraguay has unexpectedly popped up on the radar of global investors. By the way, it is also one of the globe’s few elapsed tax havens, with no personal income taxes.

Paraguay's Large Informal Sector

Paraguay’s economy today is still difficult to judge, because of the huge informal sector Agriculture is also a great prospect,in the shorter term. Many farmers have by now noticed. Land costs in the Chaco have roughly doubled in the last year or so. That means they augmented from $25 to $50 per acre.

Following are some of the reasons why Paraguay looks good:

• Water- Paraguay does not have this issue. There is a huge amount of water in Paraguay, most of it in sparingly populated regions. This makes perfect environment for agriculture.

• Electricity-The Itaipu energy plant is one of the seven wonders of the present world. It generates fourteen Megawatts of electricity.

• Gas and Oil- The Bolivian region unswervingly to the north-west of Paraguay has South America’s 2nd biggest natural gas reserves. It does not take an intellect to calculate that Paraguay’s northern Chaco adjoining Bolivia may have same kind of resources.

• Land- This is one more thing Paraguay has in large quantity of. The land is fertile and normal irrigation is not difficult.

• Minerals- Paraguay has iron reserves, in the south of the nation, near the capital and beside to the Paraguay River.