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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

PT flagPortugal

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.Portugal is a popular EU destination for individuals, families, and remote professionals. Bordercase coordinates assessment across the main residency routes and family relocation logistics, working with licensed Portuguese partners for filings.
Best for
  • Second residency
  • Low day-count
  • Cost of living
  • Latin America
  • Families
  • Remote workers
  • Founders
  • EU access
CurrencyPYGEUR
LanguageSpanish / GuaraníPortuguese
Time zoneUTC-4UTC+1
EU memberNoYes
SchengenNoYes
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.

Common Portuguese residency routes:

  • D7 - passive income / pension
  • D8 - digital nomad / remote work
  • D2 - entrepreneur / self-employed
  • D3 - highly qualified workers
  • Tech Visa - eligible tech roles via accredited companies
  • Golden Visa - restricted in scope after recent reforms
  • Family reunification on most permits

Each has different income, residency-day, and renewal requirements.

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.

Portugal supports Lda (private limited) and SA (public limited) structures. Tax registration, social security registration, and a Portuguese tax representative are typically required. Substance, accounting, and reporting obligations are real.

Banking

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

Personal accounts are accessible to residents and many non-residents; documentation is structured and predictable. Corporate banking depends on company structure and intended activity; Bordercase coordinates with banking partners for introductions.

Family

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

Family reunification is supported on most residency routes. Schools (public, private, and 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 Portuguese cases:

  • AIMA processing delays (formerly SEF)
  • Misalignment between visa type and actual activity
  • Tax residence triggered by accident - NHR window timing matters
  • Past EU Schengen overstays must be disclosed
  • Real estate vs investment routes have changed materially
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 document pack for Portuguese residency:

  • Passport
  • NIF (Portuguese tax number)
  • Proof of accommodation (lease, deed, or invitation)
  • Proof of income or assets (varies by route)
  • Criminal record certificate with apostille
  • Health insurance valid in Portugal
  • Marriage / birth certificates for family routes
  • Certified translations where required

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