Skip to content
Bordercase

Compare

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

CL flagChile

Latin America

HK flagHong Kong

Asia

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.Chile is a stable Latin American economy with structured residency routes, strong civil infrastructure, and growing relevance for international founders. Bordercase coordinates with licensed Chilean partners for filings.Hong Kong remains an active jurisdiction for company formation, banking introductions, and selected residency routes. Bordercase coordinates with licensed Hong Kong company-services and immigration partners.
Best for
  • Second residency
  • Low day-count
  • Cost of living
  • Latin America
  • Latin America hub
  • Stable economy
  • Founders
  • Families
  • Founders
  • Banking
  • Holding structures
  • English admin
CurrencyPYGCLPHKD
LanguageSpanish / GuaraníSpanishCantonese / English
Time zoneUTC-4UTC-4UTC+8
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.

Chilean residency routes:

  • Temporary residence - employment, retirement, or qualifying activity
  • Investor / entrepreneur routes
  • Family reunification
  • Permanent residence typically after a qualifying temporary period

Hong Kong residency routes:

  • General Employment Policy (GEP)
  • Quality Migrant Admission Scheme (QMAS)
  • Top Talent Pass Scheme (TTPS)
  • Capital Investment Entrant Scheme (CIES) - recently revived
  • Dependant routes
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.

SpA (Sociedad por Acciones), Ltda, and SA are standard structures. SII tax registration, RUT, and patent municipal registration follow.

Hong Kong Limited companies are widely used for trading and holding structures. Annual filings, audited accounts, and a company secretary are required. Substance expectations and BEPS-driven changes affect ongoing planning.

Banking

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

Residency unlocks personal banking. Corporate banking depends on activity. Bordercase coordinates introductions for cross-border cases.

Local banking has tightened materially; some non-resident structures face long onboarding or rejection. EMIs and Singapore / Dubai banking are common alternatives. 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 reunification is supported. Schools (public, private, English, German, French) are concentrated in Santiago.

Family relocation is supported on most residency routes. Schools (local, private, ESF, international) are competitive; international school waitlists are real.

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 Chile:

  • Tax residency triggers and worldwide-income reporting
  • Processing variations between regions
  • RUT timing for non-residents

Risks Bordercase watches for in Hong Kong:

  • Company-only setups without substance face banking and audit friction
  • Banking has tightened materially
  • Political / policy shifts must be factored into long-horizon planning
  • Annual audit and filing discipline is real
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 Chilean documents:

  • Passport
  • Apostilled foreign documents (birth, marriage, criminal record)
  • Proof of income or investment
  • Health insurance
  • Spanish translations where required

Typical Hong Kong documents:

  • Passport
  • CV
  • Education certificates
  • Employment history
  • Company documents (where applicable)
  • Family certificates with notarisation

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