If you are a high net worth individual with capital to spare, you should invest in Paraguay. This country is also called the Heart of South America and it is one of the best investment destinations in the world today. Now, before you put your capital in this country it makes sense to know one or two things about Paraguay. The Republic of Paraguay is a landlocked country bordered by Argentina, Brazil and Bolivia. This country has just seven million people but it has a thriving economy and a stable democracy. Below are some excellent reasons to invest in Paraguay.
Stable Power Supply
This country has stable electricity so power will not be a problem if you invest anywhere in Paraguay. The Heart of South America generates over 8,000 mega watts of electricity and produces 63 billion kWh. Since domestic consumption is just 15 billion kWh, the surplus energy is sold to neighboring countries like Argentina, Brazil and Uruguay.
Low Crime Rate
The people of Paraguay are some of the happiest people on planet earth. Crime rate is very low in this country because people are generally content with what they have. This is a huge advantage for investors here because the chances of expatriate workers getting kidnapped are very low. In addition, it is unlikely that criminals will steal or vandalize your equipment if you invest in this country.
Astonishing Economic Growth
Another great reason to invest in this wonderful country is that Paraguay has witnessed amazing economic growth in recent years. In 2010, this country witnessed an economic growth rate of 14.5% and in 2013, the growth rate was 13.6%. Meanwhile, from 1970 to 2013, this country had an average growth rate of 7.2% per year. These are impressive numbers by all standards and this is why you should take advantage of this investor-friendly situation.
Investment Options in Paraguay
Some of the best options for the smart investor are:
There are opportunities in the energy sector for the smart investor in Paraguay. At present, the only power generation method in this country is hydro-electricity. This means there are opportunities for people who want to invest in wind and solar energy.
Paraguay has the climate and fertile soil for large-scale agricultural productivity. Prospective investors can invest in livestock production or commercial cultivation.
This country has a large export-free zone so there is money to be made in the import and export sector in Paraguay. There are huge markets in nearby countries like Brazil, Argentina and Uruguay. This makes Paraguay the perfect place for the import/export business.
Investing in Paraguay makes a lot of sense. Do your research and you will find the perfect investment option in this wonderful country.