Countries
Countries
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Pick up to 4 countries and see residency, company, banking, family, and risk notes line up. No prices, no marketing packages - just the working notes.
GermanyEurope | BulgariaEurope | ParaguayLatin America | RomaniaEurope | |
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| Overview | Germany is the largest EU economy and a strong destination for skilled professionals, founders, and remote workers (under specific routes). Bordercase coordinates with licensed German partners for filings. | Bulgaria is an EU member state with competitive corporate tax, structured residency routes, and a well-developed digital infrastructure. Bordercase coordinates with licensed Bulgarian 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. | Romania is an EU member state with structured residency routes, accessible company formation, and competitive costs for founders and remote professionals. Bordercase coordinates with licensed Romanian partners. |
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| Currency | EUR | BGN / EUR transition | PYG | RON |
| Language | German | Bulgarian | Spanish / Guaraní | Romanian |
| Time zone | UTC+1 | UTC+2 | UTC-4 | UTC+2 |
| EU member | Yes | Yes | No | Yes |
| Schengen | Yes | Yes | No | Yes |
| Residency | German residency routes:
Permanent residence typically after 5 years (faster on Blue Card). | Bulgarian residency routes:
Permanent residence typically after 5 years. | Paraguay residency routes:
Physical-presence requirements are relatively low compared to other jurisdictions. | Romanian residency routes:
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| Company setup | GmbH and UG (haftungsbeschränkt) are common structures. Notary involvement is required for formation. Tax registration, trade registration (Gewerbeanmeldung), and German GAAP / tax accounting standards apply. | OOD (LLC) and EOOD (single-shareholder LLC) are common structures. Formation is well-documented. Corporate tax is at a flat rate; VAT registration depends on activity. | 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. | SRL (limited liability) is the standard structure. Formation involves notary and trade registry. Microcompany tax regime may apply for small businesses with eligible activities. |
| Banking | Personal banking for residents is well established; certain non-resident structures take longer. SCHUFA history is relevant for residents. Bordercase coordinates introductions for cross-border cases. | Personal and corporate banking for residents is broadly accessible. Source-of-funds documentation matters for non-standard cases. Bordercase coordinates banking introductions. | Personal banking for residents is accessible. Bordercase coordinates introductions and documentation prep. | Personal and corporate banking for residents is broadly accessible. Bordercase coordinates introductions for non-standard cross-border structures. |
| Family | Family reunification is well supported. Schools (public, private, bilingual, and international) are widely available; international schools are concentrated in major cities. | Family reunification is supported. Schools (public, private, English, German, French) are concentrated in Sofia, Plovdiv, and Varna. | Family inclusion on residency applications is supported. Schools (Spanish-language and limited international) are concentrated in Asunción. | Family reunification is supported. International schools (English, French, German) are concentrated in Bucharest, Cluj, and Timișoara. |
| Risks | Risks Bordercase watches for in Germany:
| Risks Bordercase watches for in Bulgaria:
| Risks Bordercase watches for in Paraguay:
| Risks Bordercase watches for in Romania:
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| Documents | Typical German residency documents:
Apostilled and translated to German. | Typical Bulgarian residency documents:
Apostilled and translated to Bulgarian. | Typical Paraguay documents:
All documents apostilled and translated to Spanish. | Typical Romanian residency documents:
Apostilled and translated to Romanian. |
Country pages stay the authoritative source. This view is a side-by-side; nothing here promises a particular outcome.