I appreciate all the info. I’m wondering about the healthcare in Paraguay…. Would be great if you could share your thoughts on that. Keep up the good work. 😊 Truly appreciate the content you are sharing here.
Thank you! Much appreciated. And I agree, I should do something on healthcare. So as far as I'm aware, you can get quotes for health care by the clinic and/or hospital you'll be attending. With your cédula, you'll have access to public health care centers, but you'll want private. And for example, the university hospital in San Lorenzo (next to San Lorenzo shopping) has brochures near their entrance and I want to say it's between $30-$50 USD. But I'll also say, you don't necessarily need a plan to be able to go to these private clinics/hospitals. I broke my foot on the way here to Paraguay and needed x-rays. So I went to this particular hospital, paid (I wanna say) $45 USD for x-rays and a consultation with a doctor afterwards analyzing the x-rays - just as an example. SO, it's very affordable here. That's what I'm trying to say. I wish you the best if you move down here! Take care!
Thanks. Im going work towards residency in Paraguay. I might need a Facilitator to help with paperwork. I like this video! Good list. I like long videos, I can learn soooo much more.
Appreciate the feedback! Sometimes I wonder if my videos are too long, but I've been getting more comments like yours saying it's beneficial. And I hope all goes well with residency for you! Let me know if you hit any road bumps. Take care!
As someone that is looking at retiring in Paraguay, how would a person get their retirement month to month transferred to a Paraguay bank? One of the things that you might do a video on is how to get money from a US bank to a Paraguay bank. Also, what is required to open up a bank account in Paraguay? Also, do you get more bang for your buck if you transfer from USD to PYG or USD to USD into that Paraguayan bank?
This is a tricky one, to be honest. As far as of now CitiBank is the only American bank operating in Paraguay, so potentially setting up w/ CitiBank could be a solution. Otherwise it'd most likely have to do Western Union. I know you are able to transfer directly to Paraguayan bank accounts. But just make sure you do test runs on all this once you get your Paraguayan bank account set up, and before you come back to Paraguay and live here permanently. And depending on the bank, all you need is your Paraguayan cédula (for Banco Familiar for example) but there are others like Itaú where they require more... like your US Passport as well, as well as bank statements from your current US Bank.... but don't quote me on the Itaú Bank requirements... I just remember there were more steps beyond just providing your cédula. Regardless, you should minimally have your cédula and USA passport trying to set up in any bank. And I'm not sure your last question... but I mean... what I do is keep money in the bank and withdraw from the ATMs here when the $ is high, like right now for example it's over 8.000 GS. Not sure about the transfer value stuff though, that probably depends on each banks rates, etc.
@@MyBestLifeParaguay Since I have decided to retire and move out of the country in the next few years. I have already started to put things into place. I went ahead and opened up a Schwab checking account. They have a lot lower cost of wiring money ($15) a wire and $0 international ATM and money conversion fees. I also have a Chase Explorer Visa that allows for me to purchase without international fees.
I felt safe everywhere in Asuncion. I am from Niagara falls area Canada. Crime is rising here. there are murders here. there's drugs gangs, increasing thefts due to homeless/migrants and drugs. I' sometimes feel unsafe in parts of Toronto or Paris.
That makes me happy to hear that you feel safe here in my country. I know the feeling though of feeling unsafe back in N America due to many of those reasons. But at least here you get some peace of mind and a good experience :)
@MyBestLifeParaguay in my local area I generally feel safe and in the majority of places I've been I've felt safe but I did feel safe in Asuncion even in a "sketchy" area. When I was in Cancun I saw security for a bar with automatic rifles and walking through Walmart in Cancun a guard taking money I think walked past with his shotgun pointed down but in my direction..... Walking around Paris or in the Paris airport you see soldiers with automatic rifles.
@@MvTCracker You may actually see armed security here as well in front of certain places and at Banks, but they're there to protect you. But overall, yes Asunción I'd say is much safer than most major North American cities, for sure.
@MyBestLifeParaguay I did see soldiers in front of one hotel I figured they were protecting someone important and didn't give it another thought. Paris is a place that is sometimes targeted so they have a heavy military presence.
Yes, Paraguay is a great quiet and cozy country with smiling people and a great climate. There are problems, but there are much fewer of them than there are advantages. The only thing is, if you are used to living in a noisy metropolis, hustle, parties and other joys of a big city, you will not be able to find it here. Only peace and tranquility.
Costa Rica residency is a 200k investment and I believe there is also a min monthly income of a few thousand us. So not quite 6 figures, although it’s so expensive there you might need that 6 figures 😅
Ohhh ok, that's what it was! Gotchya. Now I'm remembering. But really... $200k... that's so far out of reach for most people. Paraguay is a MUCH better option.
I appreciate all the info. I’m wondering about the healthcare in Paraguay…. Would be great if you could share your thoughts on that. Keep up the good work. 😊 Truly appreciate the content you are sharing here.
Thank you! Much appreciated. And I agree, I should do something on healthcare. So as far as I'm aware, you can get quotes for health care by the clinic and/or hospital you'll be attending. With your cédula, you'll have access to public health care centers, but you'll want private. And for example, the university hospital in San Lorenzo (next to San Lorenzo shopping) has brochures near their entrance and I want to say it's between $30-$50 USD. But I'll also say, you don't necessarily need a plan to be able to go to these private clinics/hospitals. I broke my foot on the way here to Paraguay and needed x-rays. So I went to this particular hospital, paid (I wanna say) $45 USD for x-rays and a consultation with a doctor afterwards analyzing the x-rays - just as an example. SO, it's very affordable here. That's what I'm trying to say. I wish you the best if you move down here! Take care!
@@MyBestLifeParaguay Awesome ! Thanks again :) I’m thinking about a scouting trip in Paraguay soon.
@@anniebee6568 Hope you're able to!
Thanx for stepping out of your comfort zone
Much appreciated!
Your alright keep it real
Man, I sure try... haha.
It's OK-keep on talking
Thanks my friend, much appreciate the support!
Thanks. Im going work towards residency in Paraguay. I might need a Facilitator to help with paperwork.
I like this video! Good list.
I like long videos, I can learn soooo much more.
Appreciate the feedback! Sometimes I wonder if my videos are too long, but I've been getting more comments like yours saying it's beneficial. And I hope all goes well with residency for you! Let me know if you hit any road bumps. Take care!
Check out Plan B Paraguay
Sounds like an awesome place to live!
Thanks my friend. And it sure is here 🇵🇾❤️
As someone that is looking at retiring in Paraguay, how would a person get their retirement month to month transferred to a Paraguay bank? One of the things that you might do a video on is how to get money from a US bank to a Paraguay bank. Also, what is required to open up a bank account in Paraguay? Also, do you get more bang for your buck if you transfer from USD to PYG or USD to USD into that Paraguayan bank?
This is a tricky one, to be honest. As far as of now CitiBank is the only American bank operating in Paraguay, so potentially setting up w/ CitiBank could be a solution. Otherwise it'd most likely have to do Western Union. I know you are able to transfer directly to Paraguayan bank accounts. But just make sure you do test runs on all this once you get your Paraguayan bank account set up, and before you come back to Paraguay and live here permanently. And depending on the bank, all you need is your Paraguayan cédula (for Banco Familiar for example) but there are others like Itaú where they require more... like your US Passport as well, as well as bank statements from your current US Bank.... but don't quote me on the Itaú Bank requirements... I just remember there were more steps beyond just providing your cédula. Regardless, you should minimally have your cédula and USA passport trying to set up in any bank. And I'm not sure your last question... but I mean... what I do is keep money in the bank and withdraw from the ATMs here when the $ is high, like right now for example it's over 8.000 GS. Not sure about the transfer value stuff though, that probably depends on each banks rates, etc.
@@MyBestLifeParaguay Since I have decided to retire and move out of the country in the next few years. I have already started to put things into place. I went ahead and opened up a Schwab checking account. They have a lot lower cost of wiring money ($15) a wire and $0 international ATM and money conversion fees. I also have a Chase Explorer Visa that allows for me to purchase without international fees.
I felt safe everywhere in Asuncion. I am from Niagara falls area Canada. Crime is rising here. there are murders here. there's drugs gangs, increasing thefts due to homeless/migrants and drugs. I' sometimes feel unsafe in parts of Toronto or Paris.
That makes me happy to hear that you feel safe here in my country. I know the feeling though of feeling unsafe back in N America due to many of those reasons. But at least here you get some peace of mind and a good experience :)
@MyBestLifeParaguay in my local area I generally feel safe and in the majority of places I've been I've felt safe but I did feel safe in Asuncion even in a "sketchy" area. When I was in Cancun I saw security for a bar with automatic rifles and walking through Walmart in Cancun a guard taking money I think walked past with his shotgun pointed down but in my direction..... Walking around Paris or in the Paris airport you see soldiers with automatic rifles.
@@MvTCracker You may actually see armed security here as well in front of certain places and at Banks, but they're there to protect you. But overall, yes Asunción I'd say is much safer than most major North American cities, for sure.
@MyBestLifeParaguay I did see soldiers in front of one hotel I figured they were protecting someone important and didn't give it another thought. Paris is a place that is sometimes targeted so they have a heavy military presence.
Yes, Paraguay is a great quiet and cozy country with smiling people and a great climate. There are problems, but there are much fewer of them than there are advantages. The only thing is, if you are used to living in a noisy metropolis, hustle, parties and other joys of a big city, you will not be able to find it here. Only peace and tranquility.
Well said!
Costa Rica residency is a 200k investment and I believe there is also a min monthly income of a few thousand us. So not quite 6 figures, although it’s so expensive there you might need that 6 figures 😅
Ohhh ok, that's what it was! Gotchya. Now I'm remembering. But really... $200k... that's so far out of reach for most people. Paraguay is a MUCH better option.
Do you have dual citizenship?
Not quite, but I'm a permanent resident here in Paraguay