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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.

 SK flagSlovakia

Europe

PY flagParaguay

Latin America

PT flagPortugal

Europe

OverviewSlovakia offers EU residency and corporate structures with a stable regulatory environment and competitive costs. Bordercase coordinates with licensed Slovak partners for filings.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.Portugal is a popular EU destination for individuals, families, and remote professionals. Bordercase coordinates assessment across the main residency routes and family relocation logistics, working with licensed Portuguese partners for filings.
Best for
  • Founders
  • EU access
  • Cost of living
  • Second residency
  • Low day-count
  • Cost of living
  • Latin America
  • Families
  • Remote workers
  • Founders
  • EU access
CurrencyEURPYGEUR
LanguageSlovakSpanish / GuaraníPortuguese
Time zoneUTC+1UTC-4UTC+1
EU memberYesNoYes
SchengenYesNoYes
Residency

Slovak residency routes:

  • Employment-based residence
  • Start-up visa - innovative businesses
  • Business / self-employment
  • Family reunification
  • EU citizen-derivative routes

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.

Common Portuguese residency routes:

  • D7 - passive income / pension
  • D8 - digital nomad / remote work
  • D2 - entrepreneur / self-employed
  • D3 - highly qualified workers
  • Tech Visa - eligible tech roles via accredited companies
  • Golden Visa - restricted in scope after recent reforms
  • Family reunification on most permits

Each has different income, residency-day, and renewal requirements.

Company 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.

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.

Portugal supports Lda (private limited) and SA (public limited) structures. Tax registration, social security registration, and a Portuguese tax representative are typically required. Substance, accounting, and reporting obligations are real.

Banking

Resident banking is straightforward; corporate banking varies by activity. Bordercase coordinates introductions for cross-border cases.

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

Personal accounts are accessible to residents and many non-residents; documentation is structured and predictable. Corporate banking depends on company structure and intended activity; Bordercase coordinates with banking partners for introductions.

Family

Family reunification is supported. International schools are available in Bratislava.

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

Family reunification is supported on most residency routes. Schools (public, private, and international) are widely available; the public system is generally accessible to legal residents.

Risks

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 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 Portuguese cases:

  • AIMA processing delays (formerly SEF)
  • Misalignment between visa type and actual activity
  • Tax residence triggered by accident - NHR window timing matters
  • Past EU Schengen overstays must be disclosed
  • Real estate vs investment routes have changed materially
Documents

Typical Slovak residency documents:

  • Passport
  • Criminal record certificate
  • Proof of address
  • Health insurance
  • Employment or business documentation
  • Family certificates with apostille and translation

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 document pack for Portuguese residency:

  • Passport
  • NIF (Portuguese tax number)
  • Proof of accommodation (lease, deed, or invitation)
  • Proof of income or assets (varies by route)
  • Criminal record certificate with apostille
  • Health insurance valid in Portugal
  • Marriage / birth certificates for family routes
  • Certified translations where required

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