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	Paraguay Latin America	Slovakia Europe	Brazil Latin America
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.	Slovakia offers EU residency and corporate structures with a stable regulatory environment and competitive costs. Bordercase coordinates with licensed Slovak partners for filings.	Brazil is the largest Latin American economy with structured residency routes and growing remote-worker visa pathways. Bordercase coordinates with licensed Brazilian partners for filings.
Best for	Second residency Low day-count Cost of living Latin America	Founders EU access Cost of living	Latin America hub Founders Families Digital nomads
Currency	PYG	EUR	BRL
Language	Spanish / Guaraní	Slovak	Portuguese
Time zone	UTC-4	UTC+1	UTC-3
EU member	No	Yes	No
Schengen	No	Yes	No
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.	Slovak residency routes: Employment-based residence Start-up visa - innovative businesses Business / self-employment Family reunification EU citizen-derivative 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
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.	S.R.O. (private limited) is the standard entity, with relatively low minimum capital and well-established formation processes. VAT registration depends on activity.	Ltda and SA are the standard structures. CNPJ registration, state registrations, and Receita Federal tax registration follow. The MEI regime suits micro-entrepreneurs.
Banking	Personal banking for residents is accessible. Bordercase coordinates introductions and documentation prep.	Resident banking is straightforward; corporate banking varies by activity. Bordercase coordinates introductions for cross-border cases.	Residency unlocks personal and corporate banking. Pix has changed everyday payments; SWIFT for international flows still requires careful KYC.
Family	Family inclusion on residency applications is supported. Schools (Spanish-language and limited international) are concentrated in Asunción.	Family reunification is supported. International schools are available in Bratislava.	Family reunification is supported on most routes. International schools (English, German, French, Japanese) are concentrated in São Paulo, Rio, and Brasília.
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 Slovakia: Tax residency triggers VAT registration timing for cross-border services Processing variations between districts	Risks Bordercase watches for in Brazil: Tax residency rules and worldwide-income reporting Real-estate restrictions in certain border regions Document apostille + Portuguese translation
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 Slovak residency documents: Passport Criminal record certificate Proof of address Health insurance Employment or business documentation Family certificates with apostille and translation	Typical Brazilian documents: Passport Apostilled foreign documents Proof of income or investment Photographs to specification Brazilian consular application abroad for most routes

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