Compare jurisdictions, side by side.

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

Croatian residency routes:

• Employment-based residence
• Digital Nomad Residence Permit - remote workers
• Business / self-employment
• Family reunification
• EU citizen-derivative routes

Slovak residency routes:

• Employment-based residence
• Start-up visa - innovative businesses
• Business / self-employment
• Family reunification
• EU citizen-derivative routes

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.

d.o.o. (limited liability) is the standard structure; jednostavno d.o.o. is a simplified low-capital variant. Formation involves notary and court registration. Tax and VAT registration follow.

S.R.O. (private limited) is the standard entity, with relatively low minimum capital and well-established formation processes. VAT registration depends on activity.

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.

Resident banking is broadly accessible; corporate banking depends on activity. Bordercase coordinates introductions for cross-border cases.

Resident banking is straightforward; corporate banking varies by activity. Bordercase coordinates introductions for cross-border cases.

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.

Family reunification is supported. International schools are available in Zagreb and along the coast.

Family reunification is supported. International schools are available in Bratislava.

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 in Croatia:

• Tax residency triggers
• Processing variations
• Digital nomad permit renewal rules and re-entry constraints

Risks Bordercase watches for in Slovakia:

• Tax residency triggers
• VAT registration timing for cross-border services
• Processing variations between districts

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 Croatian residency documents:

• Passport
• Criminal record certificate
• Proof of accommodation
• Health insurance
• Employment / income evidence
• Family certificates

Apostilled and translated to Croatian.

Typical Slovak residency documents:

• Passport
• Criminal record certificate
• Proof of address
• Health insurance
• Employment or business documentation
• Family certificates with apostille and translation