Spotting opportunity in an emerging market before the crowd rushes in takes a special kind of vision—and a willingness to take risks. That’s exactly what today’s guest, Markus Amann, did when he left Austria and planted his flag in Paraguay nearly two decades ago. In this episode, Markus shares his incredible journey—from his first eye-opening trip to the Chaco region to becoming one of the earliest foreign investors in Asunción’s booming real estate market. We discuss what it takes to succeed in a frontier economy, how he secured prime land years before the boom, and so much more. If you’ve ever dreamed of getting in early on the next big opportunity, you won’t want to miss this conversation. Enjoy!

TODAY’S CONVERSATION WITH MARKUS AMMAN:

Tune in to hear how a fateful trip to Paraguay as a university student completely changed Markus’s life and career.
Hear Markus’s wild story about a life-changing accident that forced him to leave Paraguay—only to return years later with even stronger determination.
Learn how Markus became one of the earliest foreign investors in Asunción’s real estate market—at a time when most locals didn’t see the potential.
Find out how mentorship played a crucial role in Markus’s success and why having the right business partners can make or break an investment in emerging markets.
Discover how Paraguay’s evolving business environment has shifted over the years, from a closed-off society to a hotspot for international investors.
Find out why Paraguay’s stable tax and immigration policies made it the perfect place for long-term investment.
Listen as Markus shares how he identified Nueva Asunción as a prime investment opportunity long before the bridge was even discussed.
Get an inside look at the real estate boom happening in Paraguay and why Markus believes the country’s best years are still ahead.

TAKE YOUR PLAN-B TO THE NEXT LEVEL:

Don’t make the mistake of trying to craft your offshore Plan-B without the guidance of those who have been doing it for decades. Head to expatmoney.com/membership to see which of our membership levels are right for you. Don’t hesitate another day to turn your expat dreams into reality.

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If you want to check out Paraguay for yourself, join our next Paraguay Luxury Expat Exploration Investment Tour from September 14th-21st, 2025! expatmoney.com/paraguay

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343: Austrian Investor Bets Big on Paraguay—And Wins – Markus Amann

The Expat Money Show - With Mikkel Thorup

343: Austrian Investor Bets Big on Paraguay—And Wins – Markus Amann