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	British Virgin Islands Central America & Caribbean	Brazil Latin America	Chile Latin America
Overview	The British Virgin Islands is a long-standing jurisdiction for BVI Business Companies used in international structures. Substance and reporting have tightened materially. Bordercase coordinates with licensed BVI partners.	Brazil is the largest Latin American economy with structured residency routes and growing remote-worker visa pathways. Bordercase coordinates with licensed Brazilian partners for filings.	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	Holding structures International funds English admin	Latin America hub Founders Families Digital nomads	Latin America hub Stable economy Founders Families
Currency	USD	BRL	CLP
Language	English	Portuguese	Spanish
Time zone	UTC-4	UTC-3	UTC-4
EU member	No	No	No
Schengen	No	No	No
Residency	BVI presence options: Work permits - employer-sponsored Residency for HNW under specific programmes Limited tourist / business visit arrangements	Brazilian residency routes: Investor visa (VIPER / VITEM) - qualifying investment in a Brazilian business Digital nomad visa - remote workers Retirement visa - qualifying pension income Family reunification Employer-sponsored work permits	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	BVI Business Companies (BVI BC) are the standard structure. Economic substance applies to relevant activities; UBO reporting is mandatory.	Ltda and SA are the standard structures. CNPJ registration, state registrations, and Receita Federal tax registration follow. The MEI regime suits micro-entrepreneurs.	SpA (Sociedad por Acciones), Ltda, and SA are standard structures. SII tax registration, RUT, and patent municipal registration follow.
Banking	Banking access has tightened materially; EMIs are common supplements. Bordercase coordinates introductions for cross-border cases.	Residency unlocks personal and corporate banking. Pix has changed everyday payments; SWIFT for international flows still requires careful KYC.	Residency unlocks personal banking. Corporate banking depends on activity. Bordercase coordinates introductions for cross-border cases.
Family	Family inclusion follows the main route. International schools are limited.	Family reunification is supported on most routes. International schools (English, German, French, Japanese) are concentrated in São Paulo, Rio, and Brasília.	Family reunification is supported. Schools (public, private, English, German, French) are concentrated in Santiago.
Risks	Risks Bordercase watches for in the BVI: Economic substance reporting UBO disclosure and beneficial ownership reform Reputational handling around offshore structures	Risks Bordercase watches for in Brazil: Tax residency rules and worldwide-income reporting Real-estate restrictions in certain border regions Document apostille + Portuguese translation	Risks Bordercase watches for in Chile: Tax residency triggers and worldwide-income reporting Processing variations between regions RUT timing for non-residents
Documents	Typical BVI documents: Passport Source-of-funds evidence KYC for all UBOs Apostilled foreign documents	Typical Brazilian documents: Passport Apostilled foreign documents Proof of income or investment Photographs to specification Brazilian consular application abroad for most routes	Typical Chilean documents: Passport Apostilled foreign documents (birth, marriage, criminal record) Proof of income or investment Health insurance Spanish translations where required

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