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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

MU flagMauritius

Africa

IT flagItaly

Europe

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.Mauritius is a stable jurisdiction with structured residency and corporate routes, often combined for international families and founders. Bordercase coordinates with licensed Mauritian partners.Italy offers EU residency routes for self-employed, entrepreneurs, retirees, and recently a digital nomad / remote worker route. Bordercase coordinates with licensed Italian partners for filings and tax planning.
Best for
  • Second residency
  • Low day-count
  • Cost of living
  • Latin America
  • Founders
  • Banking
  • Trust
  • HNW
  • English admin
  • Families
  • Remote workers
  • EU access
  • Long-term residency
CurrencyPYGMUREUR
LanguageSpanish / GuaraníEnglish / FrenchItalian
Time zoneUTC-4UTC+4UTC+1
EU memberNoNoYes
SchengenNoNoYes
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.

Mauritius residency routes:

  • Premium Visa - remote work
  • Occupation Permit - investor / professional / self-employed
  • Residence Permit by property purchase - within approved schemes
  • Family routes

Italian residency routes:

  • Elective Residency Visa - passive income, no employment in Italy
  • Self-employment visa (within quota)
  • Entrepreneur visa
  • Investor visa
  • Digital nomad / remote worker - for qualified professionals

Flat-tax regime (Article 24-bis) and impatriate regime may apply.

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.

GBC (Global Business Company) and Domestic Companies are the standard structures. Substance requirements following OECD reforms must be considered; the GBC framework has evolved materially.

SRL (Limited Liability Company) and SRL Semplificata are the standard structures. Italian tax residency triggers worldwide reporting; the flat-tax regime for new residents (article 24-bis) and the impatriate regime may apply to eligible individuals.

Banking

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

Local banks support resident and corporate accounts; KYC and source-of-funds requirements are real. Bordercase coordinates banking introductions.

Resident banking is straightforward; corporate banking and certain non-standard structures require coordination. Bordercase introduces banking partners where useful.

Family

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

Family inclusion is supported. International schools are available in major regions.

Family reunification is supported. Public and private schools are widely available; international schools are concentrated in major cities.

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 Mauritius:

  • Substance reform impacts on Global Business Companies
  • FATCA / CRS reporting on related accounts
  • Mauritian residency vs physical-presence-based tax residence elsewhere
  • Banking introductions vary by activity

Risks Bordercase watches for in Italy:

  • Tax residency triggers
  • Flat-tax regime eligibility and possible revocation
  • Regional administrative variation
  • Language and bureaucratic friction
  • Impatriate regime conditions vary
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 Mauritius documents:

  • Passport
  • Criminal record certificate
  • Proof of income / investment
  • Health insurance
  • Accommodation evidence
  • Marriage / birth certificates for family

Apostille where required.

Typical Italian residency documents:

  • Passport
  • Criminal record certificate
  • Proof of income (significant for elective residency)
  • Health insurance valid in Italy
  • Accommodation evidence
  • Codice fiscale (tax number)

Apostille and certified Italian translation where required.

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