Compare jurisdictions, side by side.

Barbadian residency routes:

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

Grenada routes:

• Citizenship by Investment (CBI) via fund contribution or qualifying real-estate investment
• Standard work permits
• Family routes

Chilean residency routes:

• Temporary residence - employment, retirement, or qualifying activity
• Investor / entrepreneur routes
• Family reunification
• Permanent residence typically after a qualifying temporary period

Panama residency routes:

• Friendly Nations Visa - now requires economic tie (employment, real estate, or investment)
• Qualified Investor Visa - qualifying investment thresholds
• Pensionado / Retiree Visa - qualifying pension income
• Family routes

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

Domestic companies and IBCs are common in international structures.

SpA (Sociedad por Acciones), Ltda, and SA are standard structures. SII tax registration, RUT, and patent municipal registration follow.

Panamanian corporations (SA) and Private Interest Foundations are widely used. Beneficial ownership reporting, CRS / FATCA compliance, and substance discussions have become material; planning must reflect current standards.

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

Banking is selective. Bordercase coordinates banking introductions through current partners.

Residency unlocks personal banking. Corporate banking depends on activity. Bordercase coordinates introductions for cross-border cases.

Panamanian banking has tightened KYC and source-of-funds requirements. Non-resident applications take time; Bordercase coordinates introductions through current banking partners.

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

CBI can include qualifying dependents.

Family reunification is supported. Schools (public, private, English, German, French) are concentrated in Santiago.

Family reunification is supported on most residency routes. International schools (English-language and Spanish) are available in Panama City.

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 Grenada:

• Programme parameters change
• Due diligence has tightened
• Reputational and revocation risks if information is misrepresented

Risks Bordercase watches for in Chile:

• Tax residency triggers and worldwide-income reporting
• Processing variations between regions
• RUT timing for non-residents

Risks Bordercase watches for in Panama:

• Reputational / de-banking risks for poorly structured offshore-only setups
• Tax residency analysis for clients with other obligations (CRS / FATCA)
• Processing delays at Migration
• UBO reporting is now active

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 CBI documents:

• Passport
• Due diligence questionnaires
• Source-of-funds evidence (extensive)
• Family certificates with apostille and translation

Typical Chilean documents:

• Passport
• Apostilled foreign documents (birth, marriage, criminal record)
• Proof of income or investment
• Health insurance
• Spanish translations where required

Typical Panama documents:

• Passport
• Criminal record certificate (apostilled)
• Proof of economic tie (employment letter, property deed, or investment evidence)
• Proof of address
• Marriage / birth certificates for family

All documents apostilled and translated where required.