Paraguay has experienced waves of immigration since the 19th century from Europeans seeking new beginnings. This included Italians, Germans, French, Swiss, and Mennonites. More recently, the first Japanese families arrived in the 1930s. Paraguay offers economic and investment opportunities including fiscal and monetary stability, high GDP growth, tax incentives, access to markets through MERCOSUR, low costs, young population, and abundant natural resources like fertile land and water. The country is strategically located in South America at the intersection of communication routes with neighboring countries.