Compare jurisdictions, side by side.

Bulgarian residency routes:

• Employment-based residence
• Business / self-employment routes
• Retirement / pensioner residency
• Family reunification
• EU citizen-derivative routes

Permanent residence typically after 5 years.

Cyprus residency routes:

• Permanent residency by investment (Cat F / Cat 6.2)
• Digital Nomad Visa
• Employment routes (including the international headquartering route)
• Family reunification

The investor citizenship programme is closed.

Dominica routes:

• Citizenship by Investment (CBI) via fund contribution or approved real-estate investment
• Standard work permits
• Family routes

OOD (LLC) and EOOD (single-shareholder LLC) are common structures. Formation is well-documented. Corporate tax is at a flat rate; VAT registration depends on activity.

Cyprus Limited companies are widely used by international groups for IP, holding, and trading structures. Substance, local director, and accounting requirements have tightened in recent years and must be planned at setup.

Domestic companies and IBCs are common in international structures.

Personal and corporate banking for residents is broadly accessible. Source-of-funds documentation matters for non-standard cases. Bordercase coordinates banking introductions.

Cypriot banks have strict KYC and source-of-funds processes following past compliance episodes. EMIs are widely used as supplements. Personal and corporate banking introductions go through vetted partners.

Banking is selective. Bordercase coordinates banking introductions through current partners.

Family reunification is supported. Schools (public, private, English, German, French) are concentrated in Sofia, Plovdiv, and Varna.

Family reunification is available on most routes. English-language schools (public and private) and healthcare options are widely accessible to legal residents.

CBI can include qualifying dependents.

Risks Bordercase watches for in Bulgaria:

• Tax residency triggers
• VAT classification on cross-border services
• Processing variations between regions
• Euro adoption is in progress - operational planning needed

Common pitfalls in Cyprus cases:

• Post-reform substance requirements underestimated
• Banking timelines longer than expected
• Permanent residency confused with citizenship (different programmes)
• Some sectors face additional KYC scrutiny

Risks Bordercase watches for in Dominica:

• Programme parameters change
• Due diligence has tightened
• Reputational and revocation risks if information is misrepresented

Typical Bulgarian residency documents:

• Passport
• Criminal record certificate
• Proof of address
• Basis for residence (employment, business, etc.)
• Health insurance
• Family certificates

Apostilled and translated to Bulgarian.

Typical document pack for Cyprus residency:

• Passport
• Criminal record certificate (apostilled)
• Proof of income / investment
• Health insurance valid in Cyprus
• Accommodation evidence
• Education certificates (for relevant routes)
• Marriage / birth certificates for family routes

For company formation: business plan, ownership-chain documents, and KYC for all ultimate beneficial owners.

Typical CBI documents:

• Passport
• Due diligence questionnaires
• Source-of-funds evidence (extensive)
• Family certificates with apostille and translation