Compare jurisdictions, side by side.

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.

Saint Kitts and Nevis routes:

• Citizenship by Investment (CBI) via the Sustainable Growth Fund
• CBI via approved real-estate investment
• Standard work / family routes

Citizenship outcomes remain at the discretion of the Citizenship by Investment Unit.

Cyprus residency routes:

• Permanent residency by investment (Cat F / Cat 6.2)
• Digital Nomad Visa
• Employment routes (including the international headquartering route)
• Family reunification

The investor citizenship programme is closed.

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.

Nevis IBCs and LLCs are commonly used in international structures. Substance, beneficial ownership disclosure, and AML standards have tightened materially.

Cyprus Limited companies are widely used by international groups for IP, holding, and trading structures. Substance, local director, and accounting requirements have tightened in recent years and must be planned at setup.

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

Domestic and offshore banking options exist but have become more selective on KYC and source of funds. Bordercase coordinates banking pack preparation and partner introductions.

Cypriot banks have strict KYC and source-of-funds processes following past compliance episodes. EMIs are widely used as supplements. Personal and corporate banking introductions go through vetted partners.

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

CBI applications can include qualifying dependants - spouse, children, and in some cases parents - under specific conditions.

Family reunification is available on most routes. English-language schools (public and private) and healthcare options are widely accessible to legal residents.

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 Saint Kitts:

• Programme parameters change
• Due diligence has tightened materially
• Rejection rates have risen for incomplete or unclear source-of-funds presentations
• Visa-revocation and reputational risks if information is misrepresented

Common pitfalls in Cyprus cases:

• Post-reform substance requirements underestimated
• Banking timelines longer than expected
• Permanent residency confused with citizenship (different programmes)
• Some sectors face additional KYC scrutiny

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 CBI documents:

• Passport
• Due diligence questionnaires
• Source-of-funds evidence (extensive)
• Employment / business documentation
• Family certificates with apostille and certified translation
• Police clearance certificates for all countries of residence in the prior 10 years

Typical document pack for Cyprus residency:

• Passport
• Criminal record certificate (apostilled)
• Proof of income / investment
• Health insurance valid in Cyprus
• Accommodation evidence
• Education certificates (for relevant routes)
• Marriage / birth certificates for family routes

For company formation: business plan, ownership-chain documents, and KYC for all ultimate beneficial owners.