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The Republic of Paraguay enjoys one of the cheapest living costs in the world. A majority of the working population living in Paraguay is dependent on agricultural activities and their ancillary subset of activities.
The advantage of living in Paraguay is the low cost of essential commodities. The country has a free market economy. A large portion of the working populace depends on the informal sector for their livelihood. The economy of Paraguay is dominated by a number of small businesses plying their trade in the country. This range from street vendors to small scale manufacturing industries for the farm sector. Imported goods are value added and re-exported to other parts of the world. This results in a higher quality employment environment suitable for the superior qualified employee.
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