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Guide
Asunción, Paraguay 🇵🇾
#461
,
Nomad Score:
61%
Essentials
🏙️ City | Asunción is the capital city of Paraguay, located near the eastern bank of the Paraguay River. |
👥 Population | Approximate population is 525,000. |
💻 Internet Speed | Average internet speed is around 30 Mbps. |
💸 Currency & Banking | Currency is Paraguayan Guarani (PYG), approximately 1 USD ≈ 7,500 PYG. |
🚰 Tap Water | Not drinkable; bottled water is recommended. |
🔌 Power | Electricity is 220V, 50Hz, with Type C/N sockets. |
📶 SIM Card | Major providers include Tigo and Personal, offering prepaid options. |
💳 Banking for Expats | Local banks like Banco Nacional de Fomento and international options such as HSBC are commonly used. |
🛌 Accommodation | Airbnb and local rental platforms like Inmo365 are popular for short and long-term stays. |
💳 Cashless Friendly | Yes, many establishments accept credit/debit cards, but cash is recommended for small vendors. |
🏠 Short Term Rentals | Airbnb and local websites like Alquiler Paraguay are widely used. |
🛏️ Budget Accommodation | Hostel Asuncion and La Maison offer affordable lodging. |
🏙️ Best Area to Stay for Tourists | Located in the historic center or near the waterfront, areas like Villa Morra and Carmelitas are recommended. |
🏙️ Best Area to Stay for Digital Nomads | The neighborhood of Villa Morra is popular among digital nomads due to its coworking spaces and cafés. |
Working and Networking
🏢 Best Coworking Space | Spaces such as El Lado and Casa de Cumbieres offer good facilities for remote work. |
☕ Best Cafe for Work | Café del Cielo and La Bici offer a good atmosphere for working remotely. |
💼 Networking Events | Groups like Asunción Expats and meetup.com host regular networking events. |
🥂 Social Events for Expats | Expats in Asunción Facebook group is active in organizing meetups and social gatherings. |
Transportation
🚕 Best Taxi/Ride App | Apps like Uber and Bolt are available and reliable. |
🚲 Bike/Scooter Rental | Biking is popular, with options for rentals available at local shops. |
🏖️ Best Beach Nearby | San Bernardino Beach, about 30 km away, is a popular weekend spot. |
✈️ Top Regional Airline | Paraguay's driving airline is LATAM Airlines. |
✈️ Top International Airline | Major international carriers include Copa Airlines and Avianca. |
🛣️ Highway Access | The city is connected via asphalt roads to neighboring cities like Ciudad del Este and Encarnación. |
🚉 Main Train/Transit Hub | Asunción's main transport hub is the Terminal de Ómnibus, servicing buses. |
🚍 Public Transport Passes | Bus tickets cost around 3,500 PYG, and prepaid cards are available. |
✈️ Regional Travel | Buses connect Asunción to cities like Ciudad del Este and Encarnación. |
Health and Wellness
🏥 Best Hospital | Hospital de Clínicas is the top healthcare facility in the city. |
🧘 Yoga & Wellness Centers | Attended Yoga en Casa offers various classes for expats. |
🏋️ Gyms & Fitness Centers | Fitness centers like Sportcenter are popular for workouts. |
🧺 Laundry Services | ServiLava and local laundromats provide washing services at reasonable prices. |
Food and Drink
📱 Best Food Delivery App | Apps like PedidosYa and Rappi are popular for food delivery. |
🍽️ Best Local Dish to Try | Try Sopa Paraguaya, a traditional cornbread dish. |
🍱 Vegan/Vegetarian Options | Vegano Asuncion offers a variety of plant-based meals. |
🍫 Best Dessert Spots | Masa Café is renowned for its baked goods and desserts. |
🛒 Affordable Shopping Spots | Markets such as Mercado 4 or local supermarkets like Superseis offer budget-friendly groceries. |
🛒 E-commerce/Online Store | Sites like MercadoLibre are popular for online shopping. |
🛒 Grocery Delivery | Supermarket delivery services like iFood are available. |
🍸 Bar/Nightlife Area | The Villa Morra area features many bars, such as Oskare and Bar 3. |
🍻 Local Brewery | Brewed in Pilsen is a popular local brewery offering tours. |
🍷 Wine Bars | Oenoteca offers a selection of local and imported wines. |
🍲 Street Food Stalls | Visit the local food stalls at the Mercado 4 for tasty street food. |
🍕 Popular International Cuisine | A variety of international choices, including Italian at La Cascada and Asian at Sushi House. |
Culture and Attractions
🎟️ Must-See Landmarks | The Palacio de los López and the National Pantheon of the Heroes are must-visit sites. |
🏛️ Museums & Art Venues | Museo del Barro and the National Museum of Fine Arts showcase local art. |
🏰 Historical Sites | The historic |
🕍 Religious Sites | The Metropolitan Cathedral of Asunción is a prominent site. |
🎉 Annual Events | Asunción has several annual festivals, including the Carnaval de Asunción. |
🎨 Cultural Districts | The area around the historic center has rich culture and history. |
🎭 Theater Venues | Teatro Nacional del Paraguay hosts various performances. |
🛍️ Local Markets | Mercado 4 is a vibrant local market worth visiting. |
🎼 Music Scene | Jazz and local folk music are common in many bars and cultural centers. |
🎨 Street Art | Street art can be found in areas such as Villa Morra. |
🧑🍳 Cooking Classes | Local cooking schools offer classes in traditional Paraguayan cuisine. |
👩🎨 Art Galleries | Independencia Gallery features local contemporary artists. |
🕰️ Historic Buildings | The government buildings along the waterfront are architecturally significant. |
🏴 Local Heritage | The Guarani language and culture play an influential role in national identity. |
Nature and Outdoor Activities
🌅 Nearby Nature Escapes | Parque Ñu Guasu offers parks and outdoor activities. |
🏞️ National Parks Nearby | Ybycuí National Park is about 90 km away, known for its natural beauty. |
🚲 Cycling/Walking Paths | The coastal path along the Paraguay River is pleasant for walking and cycling. |
🌄 Scenic Viewpoints | The viewpoints at the Palacio de los López offer scenic views. |
🦉 Birdwatching Locations | The Ñu Guasu Park is popular among bird watchers. |
🔥 Bonfire-Friendly Spots | Designated areas in national parks allow bonfires. |
Other Services and Amenities
📦 Parcel Delivery Service | DHL and local services like Anda offer reliable delivery. |
🛠️ Tech Repair Services | Apple Center and local electronics shops provide repair services. |
🏓 Table Tennis Spots | Available at various community centers around the city. |
🧑🏫 Language Classes | Many language schools offer Guarani and Spanish classes for expats. |
📚 Libraries & Study Spots | Biblioteca Nacional del Paraguay is a quiet study location. |
🏘️ Community Centers | Cultural centers in the city provide spaces for gatherings. |
🕹️ Gaming Lounges | Local gaming cafes offer spaces for video gaming enthusiasts. |
🎰 Casino & Gaming Halls | Casino Asunción offers various gaming options. |
Business
🏢 Studio Purchase Price (City Center) | Approx. $1,200 per m² (e.g., 40 m² = $48,000). |
🏢 Studio Purchase Price (Outside City) | Approx. $900 per m² (e.g., 40 m² = $36,000). |
🏠 1-Bedroom Purchase Price (City Center) | Approx. $1,100 per m² (e.g., 60 m² = $66,000). |
🏠 1-Bedroom Purchase Price (Outside City) | Approx. $800 per m² (e.g., 60 m² = $48,000). |
🏡 2-Bedroom Purchase Price (City Center) | Approx. $1,000 per m² (e.g., 80 m² = $80,000). |
🏡 2-Bedroom Purchase Price (Outside City) | Approx. $700 per m² (e.g., 80 m² = $56,000). |
💼 Corporate Tax | The standard corporate tax rate is 10%. |
💵 Dividend Withholding Tax | The withholding tax on dividends is 15%. |
🏦 Tax System | Paraguay operates on a territorial tax system. |
📈 Highest Income Tax Bracket | Maximum personal income tax rate is around 10%. |
🧾 VAT | Standard VAT rate is 10%. |
🌐 Controlled Foreign Company (CFC) Rules | No strict CFC rules in place. |
🏠 Property Tax | Annual property taxation is based on the assessed value. |
🏠 Property Transaction Tax | Transaction tax of 2% upon property purchase. |
💻 Attractive Tax System for Digital Nomads | Paraguay offers favorable conditions with no tax on foreign income for non-residents. |