Our clients who decide to live, to work and to enjoy their pension in Paraguay, must have a bank account for easily understandable reasons.
A bank account is absolutely essential and it is not possible to do without it.
However, you must know that to open a bank account is neither simple nor immediate.
As a matter of fact, if you want to open a bank account, you must have your permanent residence and your Paraguayan Identity Card, you must prove to the Bank you are the holder of at least two contracts (for instance electricity and gas or electricity and landline), but above all you must have a bank statement of another bank outside Paraguay, that proves beyond doubt that you have money (not illicit money), with which you can live in Paraguay.
In addition, many banks require that this document is apostilled.
Therefore, the procedure for obtaining a bank account in Paraguay by a foreign users is difficult and complicated, if you are alone.
We advisors of Living in Paraguay have been working for years alongside our clients to carry out all the paperwork to obtain their permanent residence and electronic Identity Card and we also take care to open their bank account.
As a matter of fact, we work with several Banks affiliated with us. These Banks are among the first Bank in the country; they have known us for years and we always introduce our clients to them. We guarantee for our clients and assure the bank executives they are people who never had financial difficulties and can prove their maintenance.
After presenting a client and after he showed his Passport, his electronic Paraguayan Identity Card and his permanent residence certificate, we help him to fill all the necessary paperwork and stay with him to support him for every doubt or necessity.
We work in this way with our clients and so the procedure to obtain their new bank account is very easy and quick and we are proud to say that all our customers has never had any problem.
The Paraguayan bank account is a further necessary step to fully integrate in the new life in Paraguay and our clients can open it in a few days. In addition, the bank account can be opened in euros, in dollars and in guaraní.
In conclusion, we can say that LIP is certainly an important guarantee and an important help for those who decide to live in Paraguay and we are very happy to help and support an increasing number of people in this choice.
Living in Paraguay is the only European certified company specialized in obtaining your permanent residence in Paraguay. It is registered in Estonia, the most digitalized country in Europe and all its contracts are registered and guaranteed by European Union.
With Living in Paraguay you can also sign your contracts and receive advice on line.
The skilled consultants of Living in Paraguay will accompanying you step by step to help you to do all the paperwork you need to change your residence. Moreover, they will accompanying you during an explorative fly to Paraguay, so that you can see up close in concrete terms how your new life will be.
Paraguay can really offer you very much: for professionals VAT is at 10% and they can use their qualification with no need of a validation on the spot, while pensioners can enjoy their tax-free pension!
The natural beauty of this country, the mild climate all year long, the friendliness and the hospitality of Paraguayan people will deeply amaze you and will make you a good impression!