Compare jurisdictions, side by side.

Spanish residency routes:

• Non-Lucrative Visa - passive income, no employment in Spain
• Digital Nomad Visa - remote workers and self-employed (Startups Law)
• Self-Employed Visa
• Entrepreneur Visa
• EU citizen-derivative routes

The Golden Visa has been phased out for real estate purchases.

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.

Bulgarian residency routes:

• Employment-based residence
• Business / self-employment routes
• Retirement / pensioner residency
• Family reunification
• EU citizen-derivative routes

Permanent residence typically after 5 years.

SL (Sociedad Limitada) is the standard private company. Registration involves NIE / NIF, notary, mercantile registry, and tax registration. Spanish tax residency triggers worldwide income reporting; the Beckham Law (special tax regime) may apply to eligible relocated workers.

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.

OOD (LLC) and EOOD (single-shareholder LLC) are common structures. Formation is well-documented. Corporate tax is at a flat rate; VAT registration depends on activity.

Personal banking for residents is straightforward; corporate banking depends on activity and structure. Bordercase coordinates introductions for non-standard cases.

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

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

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

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

Family reunification is supported. Schools (public, private, English, German, French) are concentrated in Sofia, Plovdiv, and Varna.

Risks Bordercase watches for in Spain:

• Tax residency triggers - 183 days + centre of interests
• Beckham Law (special regime) eligibility
• Autonomous-community tax variation
• Hacienda audits when planning is unclear
• Past Schengen overstays must be disclosed

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 Bulgaria:

• Tax residency triggers
• VAT classification on cross-border services
• Processing variations between regions
• Euro adoption is in progress - operational planning needed

Typical Spanish residency documents:

• Passport
• NIE (foreigner identification number)
• Criminal record certificate with apostille
• Proof of income / assets
• Health insurance with full cover in Spain
• Accommodation evidence
• Marriage / birth certificates for family routes

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 Bulgarian residency documents:

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

Apostilled and translated to Bulgarian.