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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.
UruguayLatin America | TürkiyeEurope | GermanyEurope | ParaguayLatin America | |
|---|---|---|---|---|
| Overview | Uruguay is a stable South American jurisdiction with structured residency routes, strong civil infrastructure, and notable second-residence appeal for HNW relocators. Bordercase coordinates with licensed Uruguayan partners. | Türkiye offers a range of residency routes from short-term tourist residency to longer-term investor / family / work routes. Bordercase coordinates with licensed Turkish lawyers for filings. | Germany is the largest EU economy and a strong destination for skilled professionals, founders, and remote workers (under specific routes). Bordercase coordinates with licensed German 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. |
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| Currency | UYU | TRY | EUR | PYG |
| Language | Spanish | Turkish | German | Spanish / Guaraní |
| Time zone | UTC-3 | UTC+3 | UTC+1 | UTC-4 |
| EU member | No | No | Yes | No |
| Schengen | No | No | Yes | No |
| Residency | Uruguayan residency routes:
| Türkiye residency routes:
| German residency routes:
Permanent residence typically after 5 years (faster on Blue Card). | Paraguay residency routes:
Physical-presence requirements are relatively low compared to other jurisdictions. |
| Company 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. | GmbH and UG (haftungsbeschränkt) are common structures. Notary involvement is required for formation. Tax registration, trade registration (Gewerbeanmeldung), and German GAAP / tax accounting standards apply. | 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. |
| Banking | 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 banking for residents is well established; certain non-resident structures take longer. SCHUFA history is relevant for residents. Bordercase coordinates introductions for cross-border cases. | Personal banking for residents is accessible. Bordercase coordinates introductions and documentation prep. |
| Family | 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 well supported. Schools (public, private, bilingual, and international) are widely available; international schools are concentrated in major cities. | Family inclusion on residency applications is supported. Schools (Spanish-language and limited international) are concentrated in Asunción. |
| Risks | Risks Bordercase watches for in Uruguay:
| Risks Bordercase watches for in Türkiye:
| Risks Bordercase watches for in Germany:
| Risks Bordercase watches for in Paraguay:
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| Documents | Typical Uruguayan documents:
| Typical Türkiye documents:
Documents apostilled and translated to Turkish. | Typical German residency documents:
Apostilled and translated to German. | Typical Paraguay documents:
All documents apostilled and translated to Spanish. |
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