Paraguay, officially the Republic of Paraguay, is a landlocked country in South America, bordered by Argentina to the south and southwest, Brazil to the east and northeast, and Bolivia to the northwest.  It has had rapid economic growth since the turn of the 21st century. In 2010, the economy grew by 14.5%, the largest economic expansion in Latin America.

Study opportunities exist throughout the world. For students planning to travel overseas, a common option is to head to Europe or to Asia. However, more students than ever are finding it better to travel to a location such as Paraguay. Interesting, diverse, and full of possibilities, this area is one of the best choices for those people who want to experience a complete different culture.

The Republic of Paraguay is located in South America. It is a landlocked country with borders with Brazil, Argentina, and Bolivia. The Paraguay River travels through the country. It was settled by the Spanish more than 1000 years ago. As a result, much of the country has a very strong religious background and cultural aspect to it. The country's population is about 6.5 million people. Most of them live in the southeastern portion of the country. Asuncion is the country's largest city and also its capital. The people here speak mostly indigenous languages, though Portuguese and Spanish are also present.

The climate of Paraguay is that of a subtropical climate. However, the southern portions are much more temperate than the northern portions. There is ample rainfall especially in the eastern portion of the country. Temperatures range widely, but most years a moderately warm summer and a cold winter are common here.

As a constitutional republic, this country is working on establishing itself as a strong competitor in the region, but it remains a poor country overall. Poverty is a big concern here and it often dominates cultural aspects of this location. Up to 50 percent of the population is under the poverty limit. Nevertheless, this country has a strong religious background. Christianity is the main focus of religion here, though Bahai Faith and Mormonism are present as well. Arts and cultural festivals do take place here, especially in the capital city and other larger cities.

Cost of Living in Paraguay
Students traveling here will need to have the financial means to support themselves. The cost of living is low, considering the fact that most individuals are in poverty. However, in the larger cities, where most goods are imported, costs can be significantly higher and the cost of living can be much more. Most students live in flats or on campus. Costs for monthly needs tend to range, but most will find that having €500 to €1000 monthly is good.

Students planning to enroll in the universities located in Paraguay will find some schools allow for it. However, it can be a large struggle to find employment after graduation here. The country does need medically trained professionals and those willing and able to continue to work towards improving the economy here. However, the experience of living here is an outstanding one.