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My funds have been held by PayPal for three years now. Despite the initial message stating that my money would be released after 180 days when my account was permanently limited, it has been three years, and I still cannot withdraw my funds.
If you have been told your Paypal account has been permanently limited then Paypal tends to hold any funds for 180 days. This is the same time frame that buyers have to open Paypal disputes.
If no disputes are opened in 180 days then normally you are allowed to withdraw the funds. That is as long as you are over 18, account is in your legal name and the account is registered in the country where you reside.
