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	Chile Latin America	Paraguay Latin America	Bahamas Central America & Caribbean
Overview	Chile is a stable Latin American economy with structured residency routes, strong civil infrastructure, and growing relevance for international founders. Bordercase coordinates with licensed Chilean partners for filings.	Paraguay offers one of the more accessible residency routes in Latin America for individuals seeking a second residence. Bordercase coordinates with licensed Paraguayan partners for filings.	The Bahamas is a Caribbean jurisdiction with structured residency routes including the Economic Permanent Residence and an active fund / family-office sector. Bordercase coordinates with licensed Bahamian partners.
Best for	Latin America hub Stable economy Founders Families	Second residency Low day-count Cost of living Latin America	HNW Funds Family offices English admin
Currency	CLP	PYG	BSD
Language	Spanish	Spanish / Guaraní	English
Time zone	UTC-4	UTC-4	UTC-5
EU member	No	No	No
Schengen	No	No	No
Residency	Chilean residency routes: Temporary residence - employment, retirement, or qualifying activity Investor / entrepreneur routes Family reunification Permanent residence typically after a qualifying temporary period	Paraguay residency routes: Permanent residency via proof of solvency / qualifying income - the standard route Family inclusion on the main application Physical-presence requirements are relatively low compared to other jurisdictions.	Bahamian residency routes: Economic Permanent Residence - qualifying property investment Annual residence permits for HNW Work permits - employer-sponsored Family routes
Company setup	SpA (Sociedad por Acciones), Ltda, and SA are standard structures. SII tax registration, RUT, and patent municipal registration follow.	SRL (Limited Liability) and SA (Joint Stock) structures are available; entity setup is well-supported by local partners. Substance and reporting requirements should be confirmed at setup.	IBCs (International Business Companies) are widely used; substance and reporting are now real. Funds and family-office structures are common.
Banking	Residency unlocks personal banking. Corporate banking depends on activity. Bordercase coordinates introductions for cross-border cases.	Personal banking for residents is accessible. Bordercase coordinates introductions and documentation prep.	Banking is selective and source-of-funds focused. Bordercase coordinates introductions through current partners.
Family	Family reunification is supported. Schools (public, private, English, German, French) are concentrated in Santiago.	Family inclusion on residency applications is supported. Schools (Spanish-language and limited international) are concentrated in Asunción.	Family inclusion is supported on most routes. International schools are concentrated on New Providence.
Risks	Risks Bordercase watches for in Chile: Tax residency triggers and worldwide-income reporting Processing variations between regions RUT timing for non-residents	Risks Bordercase watches for in Paraguay: Residency vs tax residency confusion Document apostille and translation requirements must be tracked carefully Some originating countries are subject to additional scrutiny Real-world banking outside Paraguay may not change because of Paraguayan residency	Risks Bordercase watches for in the Bahamas: Economic substance reporting Property due diligence Reputational handling around offshore structures
Documents	Typical Chilean documents: Passport Apostilled foreign documents (birth, marriage, criminal record) Proof of income or investment Health insurance Spanish translations where required	Typical Paraguay documents: Passport Criminal record certificate (origin country + any country of residence in last 5 years) Marriage / birth certificates for family Proof of income or solvency (savings / pension / business) All documents apostilled and translated to Spanish.	Typical Bahamian documents: Passport Source-of-funds evidence Health and police clearances Apostilled foreign documents

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