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.

Cayman Islands residency routes:

• Certificate of Permanent Residence for Persons of Independent Means - qualifying investment
• Residency Certificate (Substantial Business Presence) - operating a qualifying business
• Work permits for employer-sponsored roles
• Family routes

Cyprus residency routes:

• Permanent residency by investment (Cat F / Cat 6.2)
• Digital Nomad Visa
• Employment routes (including the international headquartering route)
• Family reunification

The investor citizenship programme is closed.

Brazilian residency routes:

• Investor visa (VIPER / VITEM) - qualifying investment in a Brazilian business
• Digital nomad visa - remote workers
• Retirement visa - qualifying pension income
• Family reunification
• Employer-sponsored work permits

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.

Exempted Companies, LLCs, and partnerships are widely used in fund and holding structures. Economic substance rules apply to relevant activities.

Cyprus Limited companies are widely used by international groups for IP, holding, and trading structures. Substance, local director, and accounting requirements have tightened in recent years and must be planned at setup.

Ltda and SA are the standard structures. CNPJ registration, state registrations, and Receita Federal tax registration follow. The MEI regime suits micro-entrepreneurs.

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

Banking is mature but selective. Source-of-funds documentation is central. Bordercase coordinates introductions through current partners.

Cypriot banks have strict KYC and source-of-funds processes following past compliance episodes. EMIs are widely used as supplements. Personal and corporate banking introductions go through vetted partners.

Residency unlocks personal and corporate banking. Pix has changed everyday payments; SWIFT for international flows still requires careful KYC.

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

Family inclusion is supported on most residency routes. International schools are concentrated on Grand Cayman.

Family reunification is available on most routes. English-language schools (public and private) and healthcare options are widely accessible to legal residents.

Family reunification is supported on most routes. International schools (English, German, French, Japanese) are concentrated in São Paulo, Rio, and Brasília.

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 Cayman Islands:

• Economic substance reporting and audit
• Reputational handling around offshore structures
• KYC tightening across the industry

Common pitfalls in Cyprus cases:

• Post-reform substance requirements underestimated
• Banking timelines longer than expected
• Permanent residency confused with citizenship (different programmes)
• Some sectors face additional KYC scrutiny

Risks Bordercase watches for in Brazil:

• Tax residency rules and worldwide-income reporting
• Real-estate restrictions in certain border regions
• Document apostille + Portuguese translation

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 Cayman documents:

• Passport
• Source-of-funds evidence
• Health and police clearances
• Apostilled foreign documents
• Family certificates for dependents

Typical document pack for Cyprus residency:

• Passport
• Criminal record certificate (apostilled)
• Proof of income / investment
• Health insurance valid in Cyprus
• Accommodation evidence
• Education certificates (for relevant routes)
• Marriage / birth certificates for family routes

For company formation: business plan, ownership-chain documents, and KYC for all ultimate beneficial owners.

Typical Brazilian documents:

• Passport
• Apostilled foreign documents
• Proof of income or investment
• Photographs to specification
• Brazilian consular application abroad for most routes