I am heading back to PY next week to complete the residency process and obtain cedula. I will be taking my initial deposit back and due to ongoing uncertainty in the world with yet another "wave", I plan on taking the funds with me, rather than open a regular bank account, for now.
- Please share thoughts / knowledge / experiences about getting the initial deposit back out.
- My initial EUR deposit was converted to PYG and now, about 4 months later, it is worth about $300 EUR less that my initial deposit. How would you go about taking it out without taking another hit?
- Can I take EUR out right away or do I get PYG back and then have to go to currency exchange with it? Or Western Union / MoneyGram? How about buying crypto with PYG? Or open a regular bank account, park PGY there and wait for better exchange rate? Thank you.