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Paypal is country specific so if you move countries you have to open another paypal account in the country you reside in and add an address / phone number / bank accounts / cards from within that country.
You should really withdraw any funds / resolve issues / remove cards and bank accounts before you move countries. If you don't then you may have problems doing so once you have moved and may need to contact customer services for help to resolve things.
Paypal states that you can re-use the email address released when you close the other account.
BUT I would give it at least 72 hours before trying to open a new one with your old email address as some folks have struggled doing so, nothing is guaranteed with Paypal.
Was in Launceston yesterday 😁
Read the advice by a Paypal Moderator on this thread.