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Compare jurisdictions, side by side.

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.

 PY flagParaguay

Latin America

AR flagArgentina

Latin America

GE flagGeorgia

Europe

OverviewParaguay 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.Argentina is a major South American economy with structured residency routes and a competitive cost of living for international founders and families. Bordercase coordinates with licensed Argentine partners for filings.Georgia is one of the most accessible jurisdictions in the world for relocation, banking, and company setup - with 1-year visa-free entry for 95+ nationalities and a clean, modern tax framework. Bordercase coordinates with licensed Georgian partners for filings.
Best for
  • Second residency
  • Low day-count
  • Cost of living
  • Latin America
  • Latin America hub
  • Cost of living
  • Founders
  • Families
  • Founders
  • IT professionals
  • Tax simplification
  • Banking diversification
  • Cost of living
CurrencyPYGARSGEL
LanguageSpanish / GuaraníSpanishGeorgian
Time zoneUTC-4UTC-3UTC+4
EU memberNoNoNo
SchengenNoNoNo
Residency

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.

Argentine residency routes:

  • Rentista visa - passive income / pension
  • Investor visa - qualifying investment in an Argentine business
  • Worker visa - employer-sponsored
  • Family routes - spouse, children, parents
  • MERCOSUR fast-track for nationals of member states

Common Georgian residency routes:

  • Work residence - employer-sponsored or via your own Georgian LLC
  • Investment residence - real estate, capital, or business investment thresholds
  • Study residence - enrolment at a Georgian institution
  • Family reunification - spouse, children, dependant parents
  • Permanent residence - typically after 6 years of continuous lawful stay

Many nationalities can stay visa-free for 365 days, which is often used to plan the right route without time pressure.

Company setup

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.

SA (Sociedad Anónima) and SRL (Sociedad de Responsabilidad Limitada) are the standard structures. CUIT, IGJ registration, and AFIP tax registration follow.

Standard Georgian entities and tax treatment:

  • LLC (Shps) - the default structure; fast online formation
  • Individual Entrepreneur (IE) - simple setup; Small Business Status offers 1% turnover tax up to ~500k GEL/year for qualifying activities
  • Virtual Zone - 0% corporate income tax on qualifying IT-export profits (subject to substance and qualifying-activity tests)
  • International Company Status - reduced 5% CIT for qualifying IT and maritime companies with real operations

Bordercase coordinates structure choice to match real activity and avoid substance traps.

Banking

Personal banking for residents is accessible. Bordercase coordinates introductions and documentation prep.

Residency unlocks personal banking. Forex controls and currency volatility are part of the landscape; multi-jurisdiction structuring is common.

Personal and corporate banking is broadly accessible to residents and non-residents through TBC, Bank of Georgia, and others - typically with USD, EUR, and GEL accounts. Compliance has tightened materially since 2023; clear source-of-funds, business narrative, and tax residency clarity matter. Bordercase coordinates introductions where useful.

Family

Family inclusion on residency applications is supported. Schools (Spanish-language and limited international) are concentrated in Asunción.

Family reunification is supported on most routes. Schools (public, private, English, German, French) are widely available in Buenos Aires.

Family reunification is supported across most residency routes. English-language international schools are available in Tbilisi and Batumi. Healthcare is a mix of public and private; expat-grade private cover is recommended.

Risks

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 Argentina:

  • Currency / forex controls
  • Tax residency triggers
  • Document apostille + Spanish translation requirements

Risks Bordercase watches for in Georgia:

  • Tax residency triggers - 183 days makes you tax-resident even without a permit
  • Virtual Zone / IE status misuse - real activity must match the qualifying category, audits do happen
  • Banking compliance - certain nationalities, sectors, and source-of-funds patterns face additional scrutiny
  • Russia/Ukraine-related restrictions - operational and reputational considerations for some cases
  • Permit timing - applying from inside Georgia vs at a consulate has different rules and risks
Documents

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 Argentine documents:

  • Passport
  • Criminal record certificate (apostilled)
  • Marriage / birth certificates for family
  • Proof of income or investment
  • Health insurance

Typical Georgian residency documents:

  • Passport (6+ months valid)
  • Proof of basis (employment, business, study, family)
  • Proof of accommodation
  • Health insurance valid in Georgia
  • Bank statements / proof of income
  • Criminal record certificate (apostilled, where required)
  • Marriage / birth certificates for family routes

Apostille and certified translation into Georgian where required.

Country pages stay the authoritative source. This view is a side-by-side; nothing here promises a particular outcome.