Immigration to Paraguay to the 2002 census, 84,2% of immigrants in Paraguay come from Brazil and Argentina. The first Europeans to arrive in what is now Paraguayan territory were Spaniards who left a palpable cultural heritage even today. The government of Carlos Antonio López was marked by a period of international openness including immigration and attracting settlers to populate the country. Geographically, Paraguay can be divided into two parts: The Chaco or Western Region, and the Eastern Region, where Asunción is located, as well as the other main cities of the country. The Chaco is the largest region by area with about 60%
Economy of Paraguay adorn its streets with an identity that enchants anyone who visits the country. As an example, for less than 80 US dollars a visitor can have a personalized trip to a nature reserve area called Eco-Reserva Mbatovi which is located in the Paraguari department, about an hour away from the capital. The trip includes a bunch of different outdoor activities, water, and complete professional guidance during the whole trip.<ref name="http://www.lonelyplanet.com/paraguay"></ref> Paraguay's banking and financial services industry is still recovering from the liquidity crisis of 1995, when news of widespread corruption resulted in the closure of several significant banks. Reform efforts