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

Slovak residency routes:

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

Romanian residency routes:

• Employment-based residence (including the Blue Card)
• Digital Nomad Visa - remote workers
• Business / investor routes
• Family reunification
• EU citizen-derivative routes

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.

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

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

SRL (limited liability) is the standard structure. Formation involves notary and trade registry. Microcompany tax regime may apply for small businesses with eligible activities.

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.

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

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

Personal and corporate banking for residents is broadly accessible. Bordercase coordinates introductions for non-standard cross-border structures.

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.

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

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

Family reunification is supported. International schools (English, French, German) are concentrated in Bucharest, Cluj, and Timișoara.

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.

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 Slovakia:

• Tax residency triggers
• VAT registration timing for cross-border services
• Processing variations between districts

Risks Bordercase watches for in Romania:

• Tax residency triggers
• Microcompany regime eligibility
• Processing variations between counties
• Schengen entry / exit rules now apply

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

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 Slovak residency documents:

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

Typical Romanian residency documents:

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

Apostilled and translated to Romanian.

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.