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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.

 AM flagArmenia

Europe

SK flagSlovakia

Europe

BR flagBrazil

Latin America

OverviewArmenia has become an accessible relocation and operational base since 2022, with a maturing IT sector, simple residency routes, and a competitive tax framework. Bordercase coordinates with licensed Armenian 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.Brazil is the largest Latin American economy with structured residency routes and growing remote-worker visa pathways. Bordercase coordinates with licensed Brazilian partners for filings.
Best for
  • Founders
  • IT professionals
  • Tax simplification
  • Banking diversification
  • Regional hub
  • Founders
  • EU access
  • Cost of living
  • Latin America hub
  • Founders
  • Families
  • Digital nomads
CurrencyAMDEURBRL
LanguageArmenianSlovakPortuguese
Time zoneUTC+4UTC+1UTC-3
EU memberNoYesNo
SchengenNoYesNo
Residency

Common Armenian residency routes:

  • Temporary residence - issued for 1 year, renewable; granted for work, study, business, family, or Armenian ancestry
  • Permanent residence - typically 5 years renewable; available after qualifying temporary stay or other qualifying ground
  • Special residence - 10-year status for individuals of Armenian descent or those of significant value to Armenia
  • Family reunification - spouse, children, dependant parents

Many nationalities can enter visa-free or with a simple e-visa for up to 180 days, which is often used to plan the right route.

Slovak residency routes:

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

Brazilian residency routes:

  • Investor visa (VIPER / VITEM) - qualifying investment in a Brazilian business
  • Digital nomad visa - remote workers
  • Retirement visa - qualifying pension income
  • Family reunification
  • Employer-sponsored work permits
Company setup

Standard Armenian entities and tax treatment:

  • LLC (Sahmanapak Pataskhanatvutyamb Enkerutyun) - the default private entity; fast online formation
  • Individual Entrepreneur (IE) - simple setup; Turnover Tax regime at 5% (or category-specific rates) for qualifying small businesses
  • IT Sector incentives - certified IT companies have historically benefited from reduced corporate tax and payroll incentives (programmes are revised periodically)
  • Standard CIT is 18%; dividend withholding is 5% for residents

Bordercase coordinates structure choice to match real activity and current incentive frameworks.

S.R.O. (private limited) is the standard entity, with relatively low minimum capital and well-established formation processes. VAT registration depends on activity.

Ltda and SA are the standard structures. CNPJ registration, state registrations, and Receita Federal tax registration follow. The MEI regime suits micro-entrepreneurs.

Banking

Personal and corporate banking is broadly accessible through Ameriabank, ACBA Bank, Ardshinbank, and others - typically with USD, EUR, RUB, and AMD accounts. Onboarding is straightforward for clean cases; expect source-of-funds questions for larger flows. Bordercase coordinates introductions where useful.

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

Residency unlocks personal and corporate banking. Pix has changed everyday payments; SWIFT for international flows still requires careful KYC.

Family

Family reunification is supported across most routes. English-language international schools are available in Yerevan. Healthcare is a mix of public and private; private cover is recommended for relocating families.

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

Family reunification is supported on most routes. International schools (English, German, French, Japanese) are concentrated in São Paulo, Rio, and Brasília.

Risks

Risks Bordercase watches for in Armenia:

  • Tax residency triggers - 183 days makes you tax-resident under Armenian rules
  • IT certification scope - incentives apply only to certified, qualifying activities
  • Russia/EAEU exposure - Armenia is part of EAEU; some structures benefit from this, others raise sanctions/banking flags
  • Source-of-funds scrutiny for non-standard transfer corridors
  • Permit renewals - documentation continuity matters across cycles

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 Brazil:

  • Tax residency rules and worldwide-income reporting
  • Real-estate restrictions in certain border regions
  • Document apostille + Portuguese translation
Documents

Typical Armenian residency documents:

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

Apostille and certified translation into Armenian where required.

Typical Slovak residency documents:

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

Typical Brazilian documents:

  • Passport
  • Apostilled foreign documents
  • Proof of income or investment
  • Photographs to specification
  • Brazilian consular application abroad for most routes

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