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Paraguay Residency and Relocation Blog
Practical, sourced guides on Paraguay residency, the cédula, taxes, the guaraní and the cost of living, written by our team in Asunción for Europeans considering the move.
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Paraguay's Biggest Bank Failed and Its President Resigned. What That Changes If You Are Moving There, and What It Does Not
On 3 November the central bank closed ueno bank, which held deposits for more than 2.9 million people. On 5 November President Peña announced his resignation while facing impeachment, and Congress did not accept it. The guaraní became the worst performing currency in the world. Here is what is confirmed, what is still only alleged, and what it means for a European application.
· 9 min
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