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Paraguay

Spanish dominion, but then, with no gold found, no silver to be mined, and no local Indians forced into slave labor, this isolated colony remained peaceful, and for the most part, out of the spotlight of the Spanish Crown.

After 250 years of Spanish rule, and the overthrow of the Independence in Paraguay fathered dictatorships, revolutions, coups and brutal military rule, as well as a number of costly wars. In the disastrous War of the Triple Alliance (1865-70), Paraguay lost two-thirds of all adult males and much of its territory.

And you guessed it, Paraguay's economy crashed, political infighting continued, and a long series of dictatorships prevailed on into the late 20th century, including the 35-year military dictatorship of Alfredo Stroessner, which was overthrown in 1989.

Despite a marked increase in political unrest in the last few years, as well as a public assassination and three failed coups, Paraguay has held relatively free presidential elections since 2000.

And with Paraguay's access to the Atlantic Ocean through the Parana River; numerous natural resources, and an improving tourism infrastructure and it remains a land of opportunity and great promise.

About Paraguay

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This page was last updated on April 7, 2017.