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	Paraguay Latin America	Hong Kong Asia	Brazil Latin America	Spain 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.	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	Founders Banking Holding structures English admin	Latin America hub Founders Families Digital nomads	Families Remote workers EU access Cost of living

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.	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	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	Spanish residency routes: Non-Lucrative Visa - passive income, no employment in Spain Digital Nomad Visa - remote workers and self-employed (Startups Law) Self-Employed Visa Entrepreneur Visa EU citizen-derivative routes The Golden Visa has been phased out for real estate purchases.

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.	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.	Ltda and SA are the standard structures. CNPJ registration, state registrations, and Receita Federal tax registration follow. The MEI regime suits micro-entrepreneurs.	SL (Sociedad Limitada) is the standard private company. Registration involves NIE / NIF, notary, mercantile registry, and tax registration. Spanish tax residency triggers worldwide income reporting; the Beckham Law (special tax regime) may apply to eligible relocated workers.

Banking	Personal banking for residents is accessible. Bordercase coordinates introductions and documentation prep.	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.	Residency unlocks personal and corporate banking. Pix has changed everyday payments; SWIFT for international flows still requires careful KYC.	Personal banking for residents is straightforward; corporate banking depends on activity and structure. Bordercase coordinates introductions for non-standard cases.

Family	Family inclusion on residency applications is supported. Schools (Spanish-language and limited international) are concentrated in Asunción.	Family relocation is supported on most residency routes. Schools (local, private, ESF, international) are competitive; international school waitlists are real.	Family reunification is supported on most routes. International schools (English, German, French, Japanese) are concentrated in São Paulo, Rio, and Brasília.	Family reunification is supported on most residency routes after a qualifying period. Schools (public, private, international) are widely available; the public system is generally accessible to legal residents.

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 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	Risks Bordercase watches for in Brazil: Tax residency rules and worldwide-income reporting Real-estate restrictions in certain border regions Document apostille + Portuguese translation	Risks Bordercase watches for in Spain: Tax residency triggers - 183 days + centre of interests Beckham Law (special regime) eligibility Autonomous-community tax variation Hacienda audits when planning is unclear Past Schengen overstays must be disclosed

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 Hong Kong documents: Passport CV Education certificates Employment history Company documents (where applicable) Family certificates with notarisation	Typical Brazilian documents: Passport Apostilled foreign documents Proof of income or investment Photographs to specification Brazilian consular application abroad for most routes	Typical Spanish residency documents: Passport NIE (foreigner identification number) Criminal record certificate with apostille Proof of income / assets Health insurance with full cover in Spain Accommodation evidence Marriage / birth certificates for family routes