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This is not Paypal official information. If you have doubts, please verify paypal official web site.
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Please help with info for your country.
Country Receive Funds Cash Funds Fees
Argentina yes no 4.9% + 5 USD
Bolivia No
Brazil yes yes 7.5%
Chile  ?  ?
Colombia  ?  ?
Ecuador  ?  ?
El Salvador yes no
Guatemala  ?  ?
Honduras  ?  ?
Nicaragua yes no
Panama yes no 7%
Paraguay  ?  ?
Peru yes yes 6.25% + 17 USD (Paypal -> Local bank fee)
Uruguay  ?  ?
Venezuela yes yes 5.4% + 0.30 USD