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Paraguay and Argentina signed treaties in Buenos Aires on August 31, 2026, to facilitate the recognition and enforcement of court judgments and coordinate the international return of children and safe returns; the agreements still require domestic approval before taking effect.
argentinaruben-ramirez-lezcanobuenos-airespablo-quirnoIn 2026, Paraguay ceased to be the cheapest country in South America, rising to third place in the cost of living index, while also being highlighted as the second-best destination to settle in the region, as Buenos Aires records disparities in the real estate market between new and used properties.
buenos-aireszonapropmonserratThe Paraguayan Senate is considering an open skies agreement with Argentina that, by replacing a 1964 treaty, aims to reduce flight costs and create new routes by granting greater freedom to airlines.
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