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You can also liberate the maya or the creek (if they've been conquered) using the warscore, then turn around and attack them and vassalize them. Make rivals of the aztec and shawnee, improve relations with the vassals, and you can integrate in 10 years - that gives you cores you can use to start colonizing. Colonize all the coastline and the other europeans won't have a foothold - you can't colonize a landlocked province until you have that foothold.
Station all your troops in the americas and do you damndest to stay out of europe wars
That said, I'll have to deal with Denmark soon since they are producing strong heir's like crazy. I was hoping that I'd get lucky and get my freedom without a war with Denmark.
But I take it you haven't tried occupying land with troops to prevent colonization?
You can always conquer your rival's colonial possessions the old-fashioned way, too.
@ThatWhichThinks: Thanks! Even though I was hoping nobody would have seen it happen, it's still good to know that it doesn't work. I've covered the entire Brazilian coastline before they started getting involved, but now there is a colonization rush going on in North America.
If your Sweden and your still in the PU trying to start a colonial empire you might be creating a problem for yourself. The Americas trade pretty much stops at Lubek meaning you will not be making much off of it unless you move your capital which is going to require a war anyways.
In my Sweden campaign I kicked Denmarks butt, united Scandinavia and started to make the Baltic my little private swimming pool. I than started my colonial empire only to realize I was not making much money off of it. All I was doing was making the Western most European powers richer. So I captured Lubek, changed it's culture and moved my capital there. This is when I started to become a very wealthy country:)
Muscovy and Austria (HRE) could make good friends I'm guessing.
http://i.imgur.com/Xe9N0Nc.png
Great Britain made its very first step on NA right now. Didn't decide yet if I'll push them away. It's probably not worth the trouble.
As long as they only colonize along the Huron (Canadian) trade node than it doesn't hurt you at all I'm thinking. You can't redirect that trade anyways so no real loss.
But if they get into the Chesapeak node than you might start seeing large fleets of British light ships soon...