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

Türkiye residency routes:

• Short-term residence permit (1-2 years, renewable)
• Family permit
• Work permit - employer-sponsored
• Student permit
• Citizenship-by-investment via real estate or qualifying deposits / investments

Bahamian residency routes:

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

Cayman Islands residency routes:

• Certificate of Permanent Residence for Persons of Independent Means - qualifying investment
• Residency Certificate (Substantial Business Presence) - operating a qualifying business
• Work permits for employer-sponsored roles
• Family routes

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

Limited Şirket (LLC) and AŞ (Joint Stock) are common structures. Notary registration, tax registration, and a tax representative are typically required.

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

Exempted Companies, LLCs, and partnerships are widely used in fund and holding structures. Economic substance rules apply to relevant activities.

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

Personal banking for residents is broadly accessible; non-resident corporate banking has tightened. Source-of-funds and ownership clarity are central.

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

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

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

Family reunification is supported on most routes. International schools (English, German, French, Italian) are available in Istanbul and Ankara.

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

Family inclusion is supported on most residency routes. International schools are concentrated on Grand Cayman.

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 Türkiye:

• Restricted residency zones (some districts no longer issue short-term residency to foreigners)
• Currency volatility on investment routes
• Shifting policy on the citizenship-by-investment programme
• Banking documentation requirements tighten regularly

Risks Bordercase watches for in the Bahamas:

• Economic substance reporting
• Property due diligence
• Reputational handling around offshore structures

Risks Bordercase watches for in the Cayman Islands:

• Economic substance reporting and audit
• Reputational handling around offshore structures
• KYC tightening across the industry

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 Türkiye documents:

• Passport
• Biometric photos
• Proof of address
• Proof of income or savings
• Health insurance
• Criminal record certificate
• Marriage / birth certificates for family

Documents apostilled and translated to Turkish.

Typical Bahamian documents:

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

Typical Cayman documents:

• Passport
• Source-of-funds evidence
• Health and police clearances
• Apostilled foreign documents
• Family certificates for dependents