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 PY flagParaguay

Latin America

VG flagBritish Virgin Islands

Central America & Caribbean

AG flagAntigua and Barbuda

Central America & Caribbean

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.The British Virgin Islands is a long-standing jurisdiction for BVI Business Companies used in international structures. Substance and reporting have tightened materially. Bordercase coordinates with licensed BVI partners.Antigua and Barbuda is a Caribbean jurisdiction with a long-standing Citizenship by Investment programme and structured residency / corporate options. Bordercase coordinates with authorised local agents.
Best for
  • Second residency
  • Low day-count
  • Cost of living
  • Latin America
  • Holding structures
  • International funds
  • English admin
  • Second passport
  • English admin
  • Caribbean residency
CurrencyPYGUSDXCD
LanguageSpanish / GuaraníEnglishEnglish
Time zoneUTC-4UTC-4UTC-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.

BVI presence options:

  • Work permits - employer-sponsored
  • Residency for HNW under specific programmes
  • Limited tourist / business visit arrangements

Antigua & Barbuda routes:

  • Citizenship by Investment (CBI) via fund contribution or qualifying real-estate investment
  • Standard work permits
  • Family routes including spouse, dependent children and parents under conditions
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.

BVI Business Companies (BVI BC) are the standard structure. Economic substance applies to relevant activities; UBO reporting is mandatory.

IBCs are common in international structures. Reporting and substance frameworks have tightened.

Banking

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

Banking access has tightened materially; EMIs are common supplements. Bordercase coordinates introductions for cross-border cases.

Banking is selective. KYC and source-of-funds documentation are central. Bordercase coordinates banking introductions.

Family

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

Family inclusion follows the main route. International schools are limited.

CBI applications can include qualifying dependents under conditions.

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 the BVI:

  • Economic substance reporting
  • UBO disclosure and beneficial ownership reform
  • Reputational handling around offshore structures

Risks Bordercase watches for:

  • Programme parameters change
  • Due diligence has tightened
  • Reputational and revocation risks if information is misrepresented
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 BVI documents:

  • Passport
  • Source-of-funds evidence
  • KYC for all UBOs
  • Apostilled foreign documents

Typical CBI documents:

  • Passport
  • Due diligence questionnaires
  • Source-of-funds evidence (extensive)
  • Family certificates with apostille and translation

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