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Countries

	Paraguay Latin America	British Virgin Islands Central America & Caribbean	Serbia Europe	Switzerland Europe
Overview	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 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.	Serbia is an attractive non-EU European jurisdiction for founders, IT professionals, and remote workers - with accessible residency and competitive costs. Bordercase coordinates with licensed Serbian partners for filings.	Switzerland is a stable, high-quality jurisdiction with structured residency routes - most of them merit-based, contribution-based, or employer-sponsored. Bordercase coordinates with licensed Swiss partners for filings.
Best for	Second residency Low day-count Cost of living Latin America	Holding structures International funds English admin	Founders IT professionals Cost of living Regional hub	HNW Founders Forfait fiscal Stability
Currency	PYG	USD	RSD	CHF
Language	Spanish / Guaraní	English	Serbian	German / French / Italian
Time zone	UTC-4	UTC-4	UTC+1	UTC+1
EU member	No	No	No	No
Schengen	No	No	No	Yes
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	Serbian residency routes: Temporary residence via employment Self-employment / business Real-estate ownership Family reunification IT-focused residency framework Permanent residence typically after 3 years of continuous temporary residence.	Swiss residency routes: Work permit - employer-sponsored, quota-controlled for non-EU Lump-sum taxation (forfait fiscal) - HNW individuals in eligible cantons Business / investor routes EU / EFTA routes - under FMP Family reunification
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.	DOO (limited liability) is the standard structure. Formation is well-documented, with online steps available. Tax registration (PIB) and APR (Business Registers Agency) registration follow.	GmbH and AG are the standard structures. Cantonal variation in tax, registration, and substance treatment is real. Federal and cantonal compliance is precise.
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.	Personal and corporate banking for residents is broadly accessible. Source-of-funds documentation matters for non-standard cases. Bordercase coordinates banking introductions.	Swiss banking has tightened materially since the 2010s. Personal accounts require residency or strong nexus; corporate banking requires substance and clear source of funds. Bordercase coordinates introductions through current partners.
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.	Family reunification is supported. International schools (English, French, Russian) are available in Belgrade.	Family reunification is supported on most permits. Schools (public, private, and international) are widely available; international schools are well-established but selective.
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 in Serbia: Tax residency triggers VAT registration timing Processing variations between MUP offices EU Schengen access requires planning for cross-border travel	Risks Bordercase watches for in Switzerland: Quotas for non-EU work permits Lump-sum taxation eligibility and cantonal variation Banking gatekeeping for non-residents Substance and arm's-length pricing audits
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 Serbian residency documents: Passport Criminal record certificate Proof of address Basis for residence (employment, business, etc.) Health insurance Family certificates Apostilled and translated to Serbian.	Typical Swiss residency documents: Passport Employment contract or business plan Criminal record certificate Proof of accommodation Health insurance valid in Switzerland Financial evidence Apostilled and translated where required.

Paraguay

Latin America

British Virgin Islands

Central America & Caribbean

Serbia

Europe

Switzerland

Europe

Overview

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 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.

Serbia is an attractive non-EU European jurisdiction for founders, IT professionals, and remote workers - with accessible residency and competitive costs. Bordercase coordinates with licensed Serbian partners for filings.

Switzerland is a stable, high-quality jurisdiction with structured residency routes - most of them merit-based, contribution-based, or employer-sponsored. Bordercase coordinates with licensed Swiss partners for filings.

Best for

Second residency
Low day-count
Cost of living
Latin America

Holding structures
International funds
English admin

Founders
IT professionals
Cost of living
Regional hub

HNW
Founders
Forfait fiscal
Stability

Currency

PYG

USD

RSD

CHF

Language

Spanish / Guaraní

English

Serbian

German / French / Italian

Time zone

UTC-4

UTC+1

EU member

Schengen

Yes

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

Serbian residency routes:

Temporary residence via employment
Self-employment / business
Real-estate ownership
Family reunification
IT-focused residency framework

Permanent residence typically after 3 years of continuous temporary residence.

Swiss residency routes:

Work permit - employer-sponsored, quota-controlled for non-EU
Lump-sum taxation (forfait fiscal) - HNW individuals in eligible cantons
Business / investor routes
EU / EFTA routes - under FMP
Family reunification

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.

DOO (limited liability) is the standard structure. Formation is well-documented, with online steps available. Tax registration (PIB) and APR (Business Registers Agency) registration follow.

GmbH and AG are the standard structures. Cantonal variation in tax, registration, and substance treatment is real. Federal and cantonal compliance is precise.

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.

Personal and corporate banking for residents is broadly accessible. Source-of-funds documentation matters for non-standard cases. Bordercase coordinates banking introductions.

Swiss banking has tightened materially since the 2010s. Personal accounts require residency or strong nexus; corporate banking requires substance and clear source of funds. Bordercase coordinates introductions through current partners.

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.

Family reunification is supported. International schools (English, French, Russian) are available in Belgrade.

Family reunification is supported on most permits. Schools (public, private, and international) are widely available; international schools are well-established but selective.

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 in Serbia:

Tax residency triggers
VAT registration timing
Processing variations between MUP offices
EU Schengen access requires planning for cross-border travel

Risks Bordercase watches for in Switzerland:

Quotas for non-EU work permits
Lump-sum taxation eligibility and cantonal variation
Banking gatekeeping for non-residents
Substance and arm's-length pricing audits

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 Serbian residency documents:

Passport
Criminal record certificate
Proof of address
Basis for residence (employment, business, etc.)
Health insurance
Family certificates

Apostilled and translated to Serbian.

Typical Swiss residency documents:

Passport
Employment contract or business plan
Criminal record certificate
Proof of accommodation
Health insurance valid in Switzerland
Financial evidence

Apostilled and translated where required.