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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.
ParaguayLatin America | RomaniaEurope | MontenegroEurope | GreeceEurope | |
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| 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. | Romania is an EU member state with structured residency routes, accessible company formation, and competitive costs for founders and remote professionals. Bordercase coordinates with licensed Romanian partners. | Montenegro is a non-EU European country with structured residency routes, EU candidate status, and a growing role as a base for founders and remote workers in the region. Bordercase coordinates with licensed Montenegrin partners. | Greece offers structured EU residency routes including the Golden Visa investor route, the Digital Nomad Visa, and the Financially Independent Person (FIP) route. Bordercase coordinates with licensed Greek partners for filings and ongoing compliance. |
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| Currency | PYG | RON | EUR | EUR |
| Language | Spanish / Guaraní | Romanian | Montenegrin / Serbian | Greek |
| Time zone | UTC-4 | UTC+2 | UTC+1 | UTC+2 |
| EU member | No | Yes | No | Yes |
| Schengen | No | Yes | No | Yes |
| Residency | Paraguay residency routes:
Physical-presence requirements are relatively low compared to other jurisdictions. | Romanian residency routes:
| Montenegrin residency routes:
Permanent residence typically after 5 years. | Greek residency routes:
Each route has different 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. | SRL (limited liability) is the standard structure. Formation involves notary and trade registry. Microcompany tax regime may apply for small businesses with eligible activities. | DOO (limited liability) is the standard structure. Formation is well-documented and reasonably fast. Tax and VAT registration follow. | IKE (Private Company), EPE (LLC), and AE (Joint Stock Company) are common structures. Greek tax residency triggers worldwide income reporting; the non-dom regime may apply to eligible high-net-worth relocators. |
| Banking | Personal banking for residents is accessible. Bordercase coordinates introductions and documentation prep. | Personal and corporate banking for residents is broadly accessible. Bordercase coordinates introductions for non-standard cross-border structures. | Personal banking for residents is accessible. Corporate banking depends on activity. Bordercase coordinates introductions where useful. | Personal banking for residents is well established; corporate banking depends on activity. Bordercase coordinates introductions for non-standard structures. |
| Family | Family inclusion on residency applications is supported. Schools (Spanish-language and limited international) are concentrated in Asunción. | Family reunification is supported. International schools (English, French, German) are concentrated in Bucharest, Cluj, and Timișoara. | Family inclusion on residency applications is supported. International schools are available in Podgorica and on the coast. | Family reunification is supported on most routes. Schools (public, private, international, English-language) are available in major cities. |
| Risks | Risks Bordercase watches for in Paraguay:
| Risks Bordercase watches for in Romania:
| Risks Bordercase watches for in Montenegro:
| Risks Bordercase watches for in Greece:
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| Documents | Typical Paraguay documents:
All documents apostilled and translated to Spanish. | Typical Romanian residency documents:
Apostilled and translated to Romanian. | Typical Montenegrin residency documents:
Apostilled and translated. | Typical Greek residency documents:
Apostille and certified Greek translation where required. |
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