海角乱伦

I regret that I do not have the answer you may be looking for, aristida. There seems to be a fee with every major financial transaction here. Is there a way you can avoid the bank completely? Or consider Panama, where I understand the banking system is much more advanced?

- @tsamekul

Glad you found a solution. Do you mean the country of Georgia or the US state of Georgia? Just curious.

- @tsamekul

when you will discover the fees of international transfers, or plain withdraw on ATM, you will get a real touch with reality. Eye opener.

I have the same problem as you, at which bank in Georgia did you open the account? Did you have to go in person or could you do everything online?

The banking system in Paraguay is very closed and I can't open an account with bank details to receive transfers in dollars or euros, has any expat succeeded? If so in which way?

Thank you

It is easy to open bank account in PY with cedula. When you are temporary or permanent resident of PY you will get your cedula. With cedula you can open bank account in PY and also you can have bank account in foreign currencies ( but most of banks require certain deposit to open foreign currencies). But in general it is not an issue to open bank account in PY for residents.

There are also certain options in EU for non-residents but it is hard to explain in single paragraph.

Georgia is also an option and not bad option at all, for now.

Are you resident of PY? Or where do you experience an issue?聽

I find it difficult to open an account at a bank in Paraguay, they only opened an account at Banco Altas in guaranie, but it is not authorized to receive USD from abroad

@MrAL are you temporary or permanent resident in PY?