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.

Uruguayan residency routes:

• Standard residency - proof of income / qualifying activity
• Investor route
• Retirement / pensioner route
• MERCOSUR fast-track for member-state nationals
• Family reunification

Türkiye residency routes:

• Short-term residence permit (1-2 years, renewable)
• Family permit
• Work permit - employer-sponsored
• Student permit
• Citizenship-by-investment via real estate or qualifying deposits / investments

Common Georgian residency routes:

• Work residence - employer-sponsored or via your own Georgian LLC
• Investment residence - real estate, capital, or business investment thresholds
• Study residence - enrolment at a Georgian institution
• Family reunification - spouse, children, dependant parents
• Permanent residence - typically after 6 years of continuous lawful stay

Many nationalities can stay visa-free for 365 days, which is often used to plan the right route without time pressure.

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.

SAS and SA are common structures. DGI tax registration and BPS social-security registration follow.

Limited Şirket (LLC) and AŞ (Joint Stock) are common structures. Notary registration, tax registration, and a tax representative are typically required.

Standard Georgian entities and tax treatment:

• LLC (Shps) - the default structure; fast online formation
• Individual Entrepreneur (IE) - simple setup; Small Business Status offers 1% turnover tax up to ~500k GEL/year for qualifying activities
• Virtual Zone - 0% corporate income tax on qualifying IT-export profits (subject to substance and qualifying-activity tests)
• International Company Status - reduced 5% CIT for qualifying IT and maritime companies with real operations

Bordercase coordinates structure choice to match real activity and avoid substance traps.

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

Residency unlocks personal banking. Uruguay has historically been a HNW banking destination in the region; standards have tightened materially.

Personal banking for residents is broadly accessible; non-resident corporate banking has tightened. Source-of-funds and ownership clarity are central.

Personal and corporate banking is broadly accessible to residents and non-residents through TBC, Bank of Georgia, and others - typically with USD, EUR, and GEL accounts. Compliance has tightened materially since 2023; clear source-of-funds, business narrative, and tax residency clarity matter. Bordercase coordinates introductions where useful.

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

Family reunification is supported. Schools (public, private, bilingual, international) are concentrated in Montevideo and Punta del Este.

Family reunification is supported on most routes. International schools (English, German, French, Italian) are available in Istanbul and Ankara.

Family reunification is supported across most residency routes. English-language international schools are available in Tbilisi and Batumi. Healthcare is a mix of public and private; expat-grade private cover is recommended.

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 Uruguay:

• Tax residency triggers (the new-resident tax holiday has conditions)
• Banking documentation and source-of-funds rigor
• Apostille + Spanish translation requirements

Risks Bordercase watches for in Türkiye:

• Restricted residency zones (some districts no longer issue short-term residency to foreigners)
• Currency volatility on investment routes
• Shifting policy on the citizenship-by-investment programme
• Banking documentation requirements tighten regularly

Risks Bordercase watches for in Georgia:

• Tax residency triggers - 183 days makes you tax-resident even without a permit
• Virtual Zone / IE status misuse - real activity must match the qualifying category, audits do happen
• Banking compliance - certain nationalities, sectors, and source-of-funds patterns face additional scrutiny
• Russia/Ukraine-related restrictions - operational and reputational considerations for some cases
• Permit timing - applying from inside Georgia vs at a consulate has different rules and risks

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 Uruguayan documents:

• Passport
• Apostilled foreign documents
• Proof of income or investment
• Health insurance
• Spanish translations where required

Typical Türkiye documents:

• Passport
• Biometric photos
• Proof of address
• Proof of income or savings
• Health insurance
• Criminal record certificate
• Marriage / birth certificates for family

Documents apostilled and translated to Turkish.

Typical Georgian residency documents:

• Passport (6+ months valid)
• Proof of basis (employment, business, study, family)
• Proof of accommodation
• Health insurance valid in Georgia
• Bank statements / proof of income
• Criminal record certificate (apostilled, where required)
• Marriage / birth certificates for family routes

Apostille and certified translation into Georgian where required.