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Countries

	Barbados Central America & Caribbean	Bahamas Central America & Caribbean	Serbia Europe	Paraguay Latin America
Overview	Barbados is a Caribbean jurisdiction with structured residency routes including the Welcome Stamp for remote workers, and an established corporate-services sector. Bordercase coordinates with licensed Barbadian partners.	The Bahamas is a Caribbean jurisdiction with structured residency routes including the Economic Permanent Residence and an active fund / family-office sector. Bordercase coordinates with licensed Bahamian partners.	Serbia is an attractive non-EU European jurisdiction for founders, IT professionals, and remote workers - with accessible residency and competitive costs. Bordercase coordinates with licensed Serbian 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.
Best for	Remote workers HNW English admin	HNW Funds Family offices English admin	Founders IT professionals Cost of living Regional hub	Second residency Low day-count Cost of living Latin America
Currency	BBD	BSD	RSD	PYG
Language	English	English	Serbian	Spanish / Guaraní
Time zone	UTC-4	UTC-5	UTC+1	UTC-4
EU member	No	No	No	No
Schengen	No	No	No	No
Residency	Barbadian residency routes: Welcome Stamp - 12-month remote-worker route, renewable Special Entry Permit - qualifying HNW relocators Standard work permits - employer-sponsored Family routes	Bahamian residency routes: Economic Permanent Residence - qualifying property investment Annual residence permits for HNW Work permits - employer-sponsored Family routes	Serbian residency routes: Temporary residence via employment Self-employment / business Real-estate ownership Family reunification IT-focused residency framework Permanent residence typically after 3 years of continuous temporary residence.	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.
Company setup	Corporate entities for international business (formerly IBC) are well established. Substance and reporting requirements apply.	IBCs (International Business Companies) are widely used; substance and reporting are now real. Funds and family-office structures are common.	DOO (limited liability) is the standard structure. Formation is well-documented, with online steps available. Tax registration (PIB) and APR (Business Registers Agency) registration follow.	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	Banking is mature but selective. Source-of-funds documentation is central. Bordercase coordinates introductions through current partners.	Banking is selective and source-of-funds focused. Bordercase coordinates introductions through current partners.	Personal and corporate banking for residents is broadly accessible. Source-of-funds documentation matters for non-standard cases. Bordercase coordinates banking introductions.	Personal banking for residents is accessible. Bordercase coordinates introductions and documentation prep.
Family	Family inclusion is supported. International schools are limited but present.	Family inclusion is supported on most routes. International schools are concentrated on New Providence.	Family reunification is supported. International schools (English, French, Russian) are available in Belgrade.	Family inclusion on residency applications is supported. Schools (Spanish-language and limited international) are concentrated in Asunción.
Risks	Risks Bordercase watches for in Barbados: Tax residency triggers Substance and reporting under the post-BEPS framework Welcome Stamp renewal conditions	Risks Bordercase watches for in the Bahamas: Economic substance reporting Property due diligence Reputational handling around offshore structures	Risks Bordercase watches for in Serbia: Tax residency triggers VAT registration timing Processing variations between MUP offices EU Schengen access requires planning for cross-border travel	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
Documents	Typical Barbadian documents: Passport Proof of income or employment Health insurance valid in Barbados Police clearance for longer-stay routes Apostilled foreign documents for family	Typical Bahamian documents: Passport Source-of-funds evidence Health and police clearances Apostilled foreign documents	Typical Serbian residency documents: Passport Criminal record certificate Proof of address Basis for residence (employment, business, etc.) Health insurance Family certificates Apostilled and translated to Serbian.	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.

Barbados

Central America & Caribbean

Bahamas

Central America & Caribbean

Serbia

Europe

Paraguay

Latin America

Overview

Barbados is a Caribbean jurisdiction with structured residency routes including the Welcome Stamp for remote workers, and an established corporate-services sector. Bordercase coordinates with licensed Barbadian partners.

The Bahamas is a Caribbean jurisdiction with structured residency routes including the Economic Permanent Residence and an active fund / family-office sector. Bordercase coordinates with licensed Bahamian partners.

Serbia is an attractive non-EU European jurisdiction for founders, IT professionals, and remote workers - with accessible residency and competitive costs. Bordercase coordinates with licensed Serbian 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.

Best for

Remote workers
HNW
English admin

HNW
Funds
Family offices
English admin

Founders
IT professionals
Cost of living
Regional hub

Second residency
Low day-count
Cost of living
Latin America

Currency

BBD

BSD

RSD

PYG

Language

English

Serbian

Spanish / Guaraní

Time zone

UTC-4

UTC-5

UTC+1

UTC-4

EU member

Schengen

Residency

Barbadian residency routes:

Welcome Stamp - 12-month remote-worker route, renewable
Special Entry Permit - qualifying HNW relocators
Standard work permits - employer-sponsored
Family routes

Bahamian residency routes:

Economic Permanent Residence - qualifying property investment
Annual residence permits for HNW
Work permits - employer-sponsored
Family routes

Serbian residency routes:

Temporary residence via employment
Self-employment / business
Real-estate ownership
Family reunification
IT-focused residency framework

Permanent residence typically after 3 years of continuous temporary residence.

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.

Company setup

Corporate entities for international business (formerly IBC) are well established. Substance and reporting requirements apply.

IBCs (International Business Companies) are widely used; substance and reporting are now real. Funds and family-office structures are common.

DOO (limited liability) is the standard structure. Formation is well-documented, with online steps available. Tax registration (PIB) and APR (Business Registers Agency) registration follow.

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

Banking is mature but selective. Source-of-funds documentation is central. Bordercase coordinates introductions through current partners.

Banking is selective and source-of-funds focused. Bordercase coordinates introductions through current partners.

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

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

Family

Family inclusion is supported. International schools are limited but present.

Family inclusion is supported on most routes. International schools are concentrated on New Providence.

Family reunification is supported. International schools (English, French, Russian) are available in Belgrade.

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

Risks

Risks Bordercase watches for in Barbados:

Tax residency triggers
Substance and reporting under the post-BEPS framework
Welcome Stamp renewal conditions

Risks Bordercase watches for in the Bahamas:

Economic substance reporting
Property due diligence
Reputational handling around offshore structures

Risks Bordercase watches for in Serbia:

Tax residency triggers
VAT registration timing
Processing variations between MUP offices
EU Schengen access requires planning for cross-border travel

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

Documents

Typical Barbadian documents:

Passport
Proof of income or employment
Health insurance valid in Barbados
Police clearance for longer-stay routes
Apostilled foreign documents for family

Typical Bahamian documents:

Passport
Source-of-funds evidence
Health and police clearances
Apostilled foreign documents

Typical Serbian residency documents:

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

Apostilled and translated to Serbian.

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.