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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

SK flagSlovakia

Europe

RS flagSerbia

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.Slovakia offers EU residency and corporate structures with a stable regulatory environment and competitive costs. Bordercase coordinates with licensed Slovak partners for filings.Serbia is an attractive non-EU European jurisdiction for founders, IT professionals, and remote workers - with accessible residency and competitive costs. Bordercase coordinates with licensed Serbian partners for filings.
Best for
  • Second residency
  • Low day-count
  • Cost of living
  • Latin America
  • Founders
  • EU access
  • Cost of living
  • Founders
  • IT professionals
  • Cost of living
  • Regional hub
CurrencyPYGEURRSD
LanguageSpanish / GuaraníSlovakSerbian
Time zoneUTC-4UTC+1UTC+1
EU memberNoYesNo
SchengenNoYesNo
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

Serbian residency routes:

  • Temporary residence via employment
  • Self-employment / business
  • Real-estate ownership
  • Family reunification
  • IT-focused residency framework

Permanent residence typically after 3 years of continuous temporary residence.

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.

DOO (limited liability) is the standard structure. Formation is well-documented, with online steps available. Tax registration (PIB) and APR (Business Registers Agency) registration follow.

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.

Personal and corporate banking for residents is broadly accessible. Source-of-funds documentation matters for non-standard cases. Bordercase coordinates banking introductions.

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. International schools (English, French, Russian) are available in Belgrade.

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 Serbia:

  • Tax residency triggers
  • VAT registration timing
  • Processing variations between MUP offices
  • EU Schengen access requires planning for cross-border travel
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 Serbian residency documents:

  • Passport
  • Criminal record certificate
  • Proof of address
  • Basis for residence (employment, business, etc.)
  • Health insurance
  • Family certificates

Apostilled and translated to Serbian.

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