Paraguayan Argentines are Argentine citizens of predominantly or total Paraguayan descent or Paraguay-born people who reside in Argentina. Paraguayan people comprise an important ethnic group in the country due to the sustained immigration that gained importance in the 1970s. The number of people born in Paraguay living in Argentina has been estimated to be about 550,000. Therefore, it is the largest foreign community in the country outnumbering individuals from Italy and Spain. It is also one of the fastest growing foreign nationalities. Despite all this, its numbers have been undercounted so it is believed that the real amount is even much higher.