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THE 10 BEST PLACES TO RETIRE IN 2025

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Asuncion, Paraguay

Asuncion, Paraguay’s capital city, also happens to be the country’s largest.


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A view of the front of the municiple building in Asuncion, Paraguay - Economy in Paraguay

Paraguay's Capital City

Asuncion, Paraguay’s capital city, also happens to be the country’s largest. With a population nearing 2.4 million, the city represents close to 35% of the entire population of Paraguay.

The city is known as the “Mother of Cities,” as it is one of the oldest in South American. As with many large cities in region, Asuncion has a bit of a unique and tumultuous past.

Lief Simon, Director of Overseas Property Alert, Founde of Simon Letter, and Founder, of Global Property Advisor

Reviewed By Lief Simon

Lief Simon is the managing editor of Global Property Advisor, Simon Letter, and Offshore Living Letter. He has purchased more than 45 properties, investing in 23 different countries around the world.

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Table Of Contents

On the other hand, Asuncion is also quite young, over 65% of the population is under 30, leading to new sets of skills being developed and an eye on the future.

As of 2024, there are 6.5 million people in Asuncion.

Situated along the bank of the Paraguay River, the city can be quite scenic. You will find parks with lush foliage and trees along the roadside. The small but rolling hills in the area offer nice views of the city.

Check currency conversion at today’s exchange rate.

Lief Simon, Director of Overseas Property Alert, Founde of Simon Letter, and Founder, of Global Property Advisor

Reviewed By Lief Simon

Lief Simon is the managing editor of Global Property Advisor, Simon Letter, and Offshore Living Letter. He has purchased more than 45 properties, investing in 23 different countries around the world.

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A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today 2025

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Asuncion, Paraguay - FAQ's

 In Paraguay, Asuncion is the area with the most people per square mile and is also the most productive, generating 70% of the national GDP.

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