If you reside in Paraguay, you can open a bank account, but only if certain conditions arise.
We LIP consultants have repeated many times that opening a bank account is the most difficult part for all those who want to reside in Paraguay.
LIP offers to its client a special service to open a bank account and LIP is a guarantee because of its previous experience with dozens of clients.
Our clients can open a bank account in American dollars, guaraní or in euros, as they prefer, but the opening of a bank account must be approved by the Central Bank of Paraguay and this process takes about a month.
As a matter of fact the Bank wants to make sure that the funds deposited by clients are of legal origin and for this reason our clients are required to submit all the documents to prove it, especially if they intend to deposit large sums.
The opening of a bank account is a special service, that LIP offers its client, remind them that it is not easy to open a bank account and they must comply with the schedule to meet all the controls.. In addition, it is a very expensive service.
Also in this case we LIP consultants do not deceive our clients, and do not tell them that everything is possible, as we know other companies do. We strictly respect the timing of the bank, but we provide all our support for the preparation and submission of the required documents.
For the opening of a bank account LIP rejects bribes of any kind and complies to an absolutely legal procedure.
We do not discourage our clients at all, if they want to open a bank account in Paraguay, but we advise them that we adhere to an absolutely legal procedure for the benefit of them and of our company.
Our special service to open a bank account is highly specialized and it is not cheap, but always reaches the goal, legally and definitely.
In Paraguay, as in several others countries, if you pay a little for a service, it is not reliable at all and there are many so-called law firms, which offers services at bargain prices, but later they increase their prices for whatever reason.
LIP does not make bad surprises: our clients sign a contract where amounts and related services are specified and we do not ask for an extra euro/dollar/guaraní in addition to the amount entered on the contract.
Also in this case a contract is a guarantee both for client and LIP.
If you rely on expert advisors, as LIP’s experience amply demonstrates, its clients will not have any nasty surprise and will reach their goals, in this case to open a bank account.
We remind you that LIP is the only European Certified Company, that was approved by Paraguayan Government to be able to carry out all the necessary services to live permanently in Paraguay, just as to open a bank account and support all the European, North American, Australian, New Zealander, North African, Turkish, South African clients who want to reside in Paragyuay permanently in a simple and easy way.
For any information and to book your application of permanent residence in Paraguay and of Paraguayan biometric Identity Card, please contact us at info@livinginparaguay.com, and you will be assisted 24/24 also for an individual quote. You can also write us on Whatsapp at: +34 637 38 89 60 and you will receive our support 24/24 h.
