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	British Virgin Islands Central America & Caribbean	Türkiye Europe	Brazil 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.	Türkiye offers a range of residency routes from short-term tourist residency to longer-term investor / family / work routes. Bordercase coordinates with licensed Turkish lawyers for filings.	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.
Best for	Holding structures International funds English admin	Citizenship by investment Cost of living Regional residency Families	Latin America hub Founders Families Digital nomads
Currency	USD	TRY	BRL
Language	English	Turkish	Portuguese
Time zone	UTC-4	UTC+3	UTC-3
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	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	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
Company setup	BVI Business Companies (BVI BC) are the standard structure. Economic substance applies to relevant activities; UBO reporting is mandatory.	Limited Şirket (LLC) and AŞ (Joint Stock) are common structures. Notary registration, tax registration, and a tax representative are typically required.	Ltda and SA are the standard structures. CNPJ registration, state registrations, and Receita Federal tax registration follow. The MEI regime suits micro-entrepreneurs.
Banking	Banking access has tightened materially; EMIs are common supplements. Bordercase coordinates introductions for cross-border cases.	Personal banking for residents is broadly accessible; non-resident corporate banking has tightened. Source-of-funds and ownership clarity are central.	Residency unlocks personal and corporate banking. Pix has changed everyday payments; SWIFT for international flows still requires careful KYC.
Family	Family inclusion follows the main route. International schools are limited.	Family reunification is supported on most routes. International schools (English, German, French, Italian) are available in Istanbul and Ankara.	Family reunification is supported on most routes. International schools (English, German, French, Japanese) are concentrated in São Paulo, Rio, and Brasília.
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 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 Brazil: Tax residency rules and worldwide-income reporting Real-estate restrictions in certain border regions Document apostille + Portuguese translation
Documents	Typical BVI documents: Passport Source-of-funds evidence KYC for all UBOs Apostilled foreign documents	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 Brazilian documents: Passport Apostilled foreign documents Proof of income or investment Photographs to specification Brazilian consular application abroad for most routes

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