Asunción, Paraguay 🇵🇾
Nomad Score:
62%
Essentials
| 🏙️ City | Asunción is the capital and largest city of Paraguay, known for its rich history and vibrant culture. |
| 👥 Population | Approximately 520,000 residents. |
| 💻 Internet Speed | Average download speed is around 20 Mbps, with some areas offering up to 50 Mbps. |
| 💸 Currency & Banking | Currency is the Paraguayan Guarani (PYG). 1 USD ≈ 7,260 PYG. |
| 🚰 Tap Water | Not drinkable; bottled water is recommended. |
| 🔌 Power | Electricity is 220V, 50Hz, with Type C and N sockets. |
| 📶 SIM Card | Mobile providers include Tigo, Personal, and Claro, with prepaid options available. |
| 💳 Banking for Expats | International cards are widely accepted. Popular banks are Banco Nacional and Banco Itaú. |
| 🛌 Accommodation | Options include Airbnb, local rentals, and hotels like the Sheraton and Granados Park. |
| 💳 Cashless Friendly | Yes, credit and debit cards are accepted widely, but cash is still common. |
| 🏠 Short Term Rentals | Airbnb and local platforms like Alquilando offer numerous short-term rental listings. |
| 🛏️ Budget Accommodation | Hostel options include The Secret Garden and Galería Casa Café. |
Working and Networking
| 🏢 Best Coworking Space | Work Café by Banco Itaú is a popular coworking space with good facilities. |
| ☕ Best Cafe for Work | Café Horiuch provides a cozy atmosphere with good coffee and Wi-Fi. |
| 💼 Networking Events | Events are often organized by organizations like Tigo Business and local startup hubs. |
| 🥂 Social Events for Expats | Groups on Facebook like 'Expats in Paraguay' host regular meet-ups and events. |
Transportation
| 🚕 Best Taxi/Ride App | Uber operates in Asunción and is popular among locals and expats alike. |
| 🚲 Bike/Scooter Rental | Bike rentals are available through companies like BiciClette. |
| 🏖️ Best Beach Nearby | Encarnación, known for its beaches, is 370 km away and accessible by bus. |
| ✈️ Top Regional Airline | Paraguay's national carrier is LATAM Airlines. |
| ✈️ Top International Airline | Air Europa and Copa Airlines offer international routes from Asunción. |
| 🛣️ Highway Access | Asunción is connected to major highways including the Transchaco and Ruta 1. |
| 🚉 Main Train/Transit Hub | The main bus terminal is Terminal de Ómnibus de Asunción, serving bus routes nationwide. |
| 🚍 Public Transport Passes | No specific transit pass; tickets are bought per trip on the buses. |
| ✈️ Regional Travel | Travel to nearby cities via buses, with services from companies like La Encarnacena. |
Health and Wellness
| 🏥 Best Hospital | Hospital de Clínicas – a top public hospital in Asunción. |
| 🧘 Yoga & Wellness Centers | Yoga in Asunción offers classes in centers like Yoga Center Asunción. |
| 🏋️ Gyms & Fitness Centers | Popular gyms include Gold's Gym and Megatel Fitness Club. |
| 🧺 Laundry Services | Laundromats such as Lavandería Express offer washing and drying services. |
Food and Drink
| 📱 Best Food Delivery App | PedidosYa is the dominant food delivery service in Asunción. |
| 🍽️ Best Local Dish to Try | Sopa Paraguaya, a corn-based cake, is a must-try. |
| 🍱 Vegan/Vegetarian Options | Restaurants like Veggie's serve a variety of plant-based dishes. |
| 🍫 Best Dessert Spots | La Boulangerie offers some of the finest pastries in the city. |
| 🛒 Affordable Shopping Spots | Mercado 4 is a bustling market for groceries and local products. |
| 🛒 E-commerce/Online Store | Local online marketplaces include GuiaLocal and tiendaMIA. |
| 🛒 Grocery Delivery | Carrefour offers online grocery delivery services. |
| 🍸 Bar/Nightlife Area | The Bairro Alto and Carmelitas districts are known for their nightlife. |
| 🍻 Local Brewery | Cerveza Paul is a local craft beer brand worth trying. |
| 🍷 Wine Bars | Vinoteca offers a range of local and imported wines. |
| 🍲 Street Food Stalls | Try the popular empanadas from street vendors throughout the city. |
| 🍕 Popular International Cuisine | Options include Italian, Asian, and American cuisine across various restaurants. |
Culture and Attractions
| 🎟️ Must-See Landmarks | Visit the Palacio de los López and the Metropolitan Cathedral. |
| 🏛️ Museums & Art Venues | Museo del Barro showcases modern and indigenous art. |
| 🏰 Historical Sites | Explore the historic Estación del Ferrocarril and the Panteón de los Héroes. |
| 🕍 Religious Sites | Visit the stunning Basilica de la Virgen de la Asunción. |
| 🎉 Annual Events | Carnaval de Asunción is a vibrant and celebrated annual event. |
| 🎨 Cultural Districts | The Historic Center of Asunción with its colonial architecture is a cultural hotspot. |
| 🎭 Theater Venues | Teatro Nacional del Paraguay hosts various performances throughout the year. |
| 🛍️ Local Markets | Visit Mercado Municipal with fresh produce and local crafts. |
| 🎼 Music Scene | Live music venues like El Cabildo offer local performances. |
| 🎨 Street Art | Explore murals in neighborhoods like Villa Morra and Carmelitas. |
| 🧑🍳 Cooking Classes | Take cooking classes focusing on traditional Paraguayan cuisine at local schools. |
| 👩🎨 Art Galleries | Galería de Arte Cañada showcases local artists' works. |
| 🕰️ Historic Buildings | The historic buildings along Palma Street are worth a visit. |
| 🏴 Local Heritage | Asunción celebrates its indigenous culture prominently in festivals and events. |
Nature and Outdoor Activities
| 🌅 Nearby Nature Escapes | Mburucuya National Park offers hiking and wildlife spotting opportunities. |
| 🏞️ National Parks Nearby | Ybycuí National Park is a beautiful drive from Asunción. |
| 🚲 Cycling/Walking Paths | Paseo de la Salud is a popular path for walking and cycling along the river. |
| 🌄 Scenic Viewpoints | Cerro Lambre offers panoramic views of the city. |
| 🦉 Birdwatching Locations | The Ñeembucú Wetlands are ideal for birdwatching. |
| 🔥 Bonfire-Friendly Spots | Areas in Parque Ñu Guasu allow bonfires in designated spots. |
Other Services and Amenities
| 📦 Parcel Delivery Service | Services like Correo Paraguayo offer shipping within the country. |
| 🛠️ Tech Repair Services | Techno Service provides efficient phone and computer repairs. |
| 🏓 Table Tennis Spots | Círculo de Estudiantes Paraguayos has facilities for table tennis. |
| 🧑🏫 Language Classes | Instituto Paraguayo offers Spanish and Guarani language classes. |
| 📚 Libraries & Study Spots | Biblioteca Nacional del Paraguay is a peaceful place to study. |
| 🏘️ Community Centers | Centro Cultural de la Ciudad offers various community activities and events. |
| 🕹️ Gaming Lounges | Gaming venues like NetGames focus on video gaming and esports. |
| 🎰 Casino & Gaming Halls | Casino Asunción provides various gaming options and entertainment. |
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. $1,000 per m² (e.g., 60 m² = $60,000). |
| 🏠 1-Bedroom Purchase Price (Outside City) | Approx. $800 per m² (e.g., 60 m² = $48,000). |
| 🏡 2-Bedroom Purchase Price (City Center) | Approx. $900 per m² (e.g., 80 m² = $72,000). |
| 🏡 2-Bedroom Purchase Price (Outside City) | Approx. $700 per m² (e.g., 80 m² = $56,000). |
| 💼 Corporate Tax | The corporate tax rate is 10% in Paraguay. |
| 💵 Dividend Withholding Tax | The dividend withholding tax rate is 15%. |
| 🏦 Tax System | Paraguay operates a territorial tax system, taxing only local income. |
| 📈 Highest Income Tax Bracket | The highest personal income tax rate is 10%. |
| 🧾 VAT | The standard Value Added Tax (VAT) rate is 10%. |
| 🌐 Controlled Foreign Company (CFC) Rules | Yes, there are strict rules governing CFCs. |
| 🏠 Property Tax | Annual property taxes are based on the registered value of the property. |
| 🏠 Property Transaction Tax | A 1% transfer tax is applied during property purchases. |