No, Spain and Portugal no longer have colonies in South America or anywhere else in the world. Most Western countries have decolonized their territories, and the remaining overseas territories are largely self-governed, with varying degrees of autonomy. Some examples include French Guiana, which is a department of France, and the Falkland Islands, which are a British Overseas Territory. However, the impact of colonialism is still felt in many parts of the world, and efforts to address its legacy and promote decolonization continue to this day.
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