Hi everyone! thanks for your replies to my post! Now, I have another question. If I have residency in Asuncion, can I get a checking/savings account? then can I deposit my pension check and other checks monthly into that account? I know that I have to dep. 5k in a bank to obtain residency papers so I assume I can maintain that account for my other transactions when I move permantly to Py? pls advise. accounting and bank matters are not my forte by any means! thanks! JH in USA