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Countries

	Barbados Central America & Caribbean	Montenegro Europe	Bahamas Central America & Caribbean	Chile 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.	Montenegro is a non-EU European country with structured residency routes, EU candidate status, and a growing role as a base for founders and remote workers in the region. Bordercase coordinates with licensed Montenegrin 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.	Chile is a stable Latin American economy with structured residency routes, strong civil infrastructure, and growing relevance for international founders. Bordercase coordinates with licensed Chilean partners for filings.
Best for	Remote workers HNW English admin	Cost of living Coastal living Regional residency	HNW Funds Family offices English admin	Latin America hub Stable economy Founders Families
Currency	BBD	EUR	BSD	CLP
Language	English	Montenegrin / Serbian	English	Spanish
Time zone	UTC-4	UTC+1	UTC-5	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	Montenegrin residency routes: Temporary residence via employment Business / self-employment Real-estate ownership Family reunification Permanent residence typically after 5 years.	Bahamian residency routes: Economic Permanent Residence - qualifying property investment Annual residence permits for HNW Work permits - employer-sponsored 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
Company setup	Corporate entities for international business (formerly IBC) are well established. Substance and reporting requirements apply.	DOO (limited liability) is the standard structure. Formation is well-documented and reasonably fast. Tax and VAT registration follow.	IBCs (International Business Companies) are widely used; substance and reporting are now real. Funds and family-office structures are common.	SpA (Sociedad por Acciones), Ltda, and SA are standard structures. SII tax registration, RUT, and patent municipal registration follow.
Banking	Banking is mature but selective. Source-of-funds documentation is central. Bordercase coordinates introductions through current partners.	Personal banking for residents is accessible. Corporate banking depends on activity. Bordercase coordinates introductions where useful.	Banking is selective and source-of-funds focused. Bordercase coordinates introductions through current partners.	Residency unlocks personal banking. Corporate banking depends on activity. Bordercase coordinates introductions for cross-border cases.
Family	Family inclusion is supported. International schools are limited but present.	Family inclusion on residency applications is supported. International schools are available in Podgorica and on the coast.	Family inclusion is supported on most routes. International schools are concentrated on New Providence.	Family reunification is supported. Schools (public, private, English, German, French) are concentrated in Santiago.
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 Montenegro: Tax residency triggers EU accession dynamics may change rules over time Processing variations between municipalities Schengen entry / exit considerations for travel planning	Risks Bordercase watches for in the Bahamas: Economic substance reporting Property due diligence Reputational handling around offshore structures	Risks Bordercase watches for in Chile: Tax residency triggers and worldwide-income reporting Processing variations between regions RUT timing for non-residents
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 Montenegrin residency documents: Passport Criminal record certificate Proof of accommodation Basis for residence Health insurance Family certificates Apostilled and translated.	Typical Bahamian documents: Passport Source-of-funds evidence Health and police clearances Apostilled foreign documents	Typical Chilean documents: Passport Apostilled foreign documents (birth, marriage, criminal record) Proof of income or investment Health insurance Spanish translations where required

Barbados

Central America & Caribbean

Montenegro

Europe

Bahamas

Central America & Caribbean

Chile

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.

Montenegro is a non-EU European country with structured residency routes, EU candidate status, and a growing role as a base for founders and remote workers in the region. Bordercase coordinates with licensed Montenegrin 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.

Chile is a stable Latin American economy with structured residency routes, strong civil infrastructure, and growing relevance for international founders. Bordercase coordinates with licensed Chilean partners for filings.

Best for

Remote workers
HNW
English admin

Cost of living
Coastal living
Regional residency

HNW
Funds
Family offices
English admin

Latin America hub
Stable economy
Founders
Families

Currency

BBD

EUR

BSD

CLP

Language

English

Montenegrin / Serbian

English

Spanish

Time zone

UTC-4

UTC+1

UTC-5

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

Montenegrin residency routes:

Temporary residence via employment
Business / self-employment
Real-estate ownership
Family reunification

Permanent residence typically after 5 years.

Bahamian residency routes:

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

Company setup

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

DOO (limited liability) is the standard structure. Formation is well-documented and reasonably fast. Tax and VAT registration follow.

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

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

Banking

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

Personal banking for residents is accessible. Corporate banking depends on activity. Bordercase coordinates introductions where useful.

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

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

Family

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

Family inclusion on residency applications is supported. International schools are available in Podgorica and on the coast.

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

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

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 Montenegro:

Tax residency triggers
EU accession dynamics may change rules over time
Processing variations between municipalities
Schengen entry / exit considerations for travel planning

Risks Bordercase watches for in the Bahamas:

Economic substance reporting
Property due diligence
Reputational handling around offshore structures

Risks Bordercase watches for in Chile:

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

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 Montenegrin residency documents:

Passport
Criminal record certificate
Proof of accommodation
Basis for residence
Health insurance
Family certificates

Apostilled and translated.

Typical Bahamian documents:

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

Typical Chilean documents:

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