Compare

Compare jurisdictions, side by side.

Pick up to 4 countries and see residency, company, banking, family, and risk notes line up. No prices, no marketing packages - just the working notes.

Start your assessment All countries

Pick countries to compare (4/4)

Countries

	Bulgaria Europe	Slovakia Europe	Chile Latin America	Spain Europe
Overview	Bulgaria is an EU member state with competitive corporate tax, structured residency routes, and a well-developed digital infrastructure. Bordercase coordinates with licensed Bulgarian partners for filings.	Slovakia offers EU residency and corporate structures with a stable regulatory environment and competitive costs. Bordercase coordinates with licensed Slovak 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.	Spain offers structured EU residency routes for individuals, families, and entrepreneurs, including the digital nomad visa introduced under the Startups Law. Bordercase coordinates with licensed Spanish partners for filings.
Best for	Founders EU access Cost of living	Founders EU access Cost of living	Latin America hub Stable economy Founders Families	Families Remote workers EU access Cost of living
Currency	BGN / EUR transition	EUR	CLP	EUR
Language	Bulgarian	Slovak	Spanish	Spanish
Time zone	UTC+2	UTC+1	UTC-4	UTC+1
EU member	Yes	Yes	No	Yes
Schengen	Yes	Yes	No	Yes
Residency	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.	Slovak residency routes: Employment-based residence Start-up visa - innovative businesses Business / self-employment Family reunification EU citizen-derivative routes	Chilean residency routes: Temporary residence - employment, retirement, or qualifying activity Investor / entrepreneur routes Family reunification Permanent residence typically after a qualifying temporary period	Spanish residency routes: Non-Lucrative Visa - passive income, no employment in Spain Digital Nomad Visa - remote workers and self-employed (Startups Law) Self-Employed Visa Entrepreneur Visa EU citizen-derivative routes The Golden Visa has been phased out for real estate purchases.
Company setup	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.	S.R.O. (private limited) is the standard entity, with relatively low minimum capital and well-established formation processes. VAT registration depends on activity.	SpA (Sociedad por Acciones), Ltda, and SA are standard structures. SII tax registration, RUT, and patent municipal registration follow.	SL (Sociedad Limitada) is the standard private company. Registration involves NIE / NIF, notary, mercantile registry, and tax registration. Spanish tax residency triggers worldwide income reporting; the Beckham Law (special tax regime) may apply to eligible relocated workers.
Banking	Personal and corporate banking for residents is broadly accessible. Source-of-funds documentation matters for non-standard cases. Bordercase coordinates banking introductions.	Resident banking is straightforward; corporate banking varies by activity. Bordercase coordinates introductions for cross-border cases.	Residency unlocks personal banking. Corporate banking depends on activity. Bordercase coordinates introductions for cross-border cases.	Personal banking for residents is straightforward; corporate banking depends on activity and structure. Bordercase coordinates introductions for non-standard cases.
Family	Family reunification is supported. Schools (public, private, English, German, French) are concentrated in Sofia, Plovdiv, and Varna.	Family reunification is supported. International schools are available in Bratislava.	Family reunification is supported. Schools (public, private, English, German, French) are concentrated in Santiago.	Family reunification is supported on most residency routes after a qualifying period. Schools (public, private, international) are widely available; the public system is generally accessible to legal residents.
Risks	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	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 Chile: Tax residency triggers and worldwide-income reporting Processing variations between regions RUT timing for non-residents	Risks Bordercase watches for in Spain: Tax residency triggers - 183 days + centre of interests Beckham Law (special regime) eligibility Autonomous-community tax variation Hacienda audits when planning is unclear Past Schengen overstays must be disclosed
Documents	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 Slovak residency documents: Passport Criminal record certificate Proof of address Health insurance Employment or business documentation Family certificates with apostille and translation	Typical Chilean documents: Passport Apostilled foreign documents (birth, marriage, criminal record) Proof of income or investment Health insurance Spanish translations where required	Typical Spanish residency documents: Passport NIE (foreigner identification number) Criminal record certificate with apostille Proof of income / assets Health insurance with full cover in Spain Accommodation evidence Marriage / birth certificates for family routes

Europe

Europe

Latin America

Europe

Overview

Bulgaria is an EU member state with competitive corporate tax, structured residency routes, and a well-developed digital infrastructure. Bordercase coordinates with licensed Bulgarian partners for filings.

Slovakia offers EU residency and corporate structures with a stable regulatory environment and competitive costs. Bordercase coordinates with licensed Slovak 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.

Spain offers structured EU residency routes for individuals, families, and entrepreneurs, including the digital nomad visa introduced under the Startups Law. Bordercase coordinates with licensed Spanish partners for filings.

Best for

Founders
EU access
Cost of living

Founders
EU access
Cost of living

Latin America hub
Stable economy
Founders
Families

Families
Remote workers
EU access
Cost of living

Currency

BGN / EUR transition

EUR

CLP

EUR

Language

Bulgarian

Slovak

Spanish

Time zone

UTC+2

UTC+1

UTC-4

UTC+1

EU member

Yes

Schengen

Yes

Residency

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.

Slovak residency routes:

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

Chilean residency routes:

Temporary residence - employment, retirement, or qualifying activity
Investor / entrepreneur routes
Family reunification
Permanent residence typically after a qualifying temporary period

Spanish residency routes:

Non-Lucrative Visa - passive income, no employment in Spain
Digital Nomad Visa - remote workers and self-employed (Startups Law)
Self-Employed Visa
Entrepreneur Visa
EU citizen-derivative routes

The Golden Visa has been phased out for real estate purchases.

Company setup

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.

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

SpA (Sociedad por Acciones), Ltda, and SA are standard structures. SII tax registration, RUT, and patent municipal registration follow.

SL (Sociedad Limitada) is the standard private company. Registration involves NIE / NIF, notary, mercantile registry, and tax registration. Spanish tax residency triggers worldwide income reporting; the Beckham Law (special tax regime) may apply to eligible relocated workers.

Banking

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

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

Residency unlocks personal banking. Corporate banking depends on activity. Bordercase coordinates introductions for cross-border cases.

Personal banking for residents is straightforward; corporate banking depends on activity and structure. Bordercase coordinates introductions for non-standard cases.

Family

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

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

Family reunification is supported. Schools (public, private, English, German, French) are concentrated in Santiago.

Family reunification is supported on most residency routes after a qualifying period. Schools (public, private, international) are widely available; the public system is generally accessible to legal residents.

Risks

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

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 Chile:

Tax residency triggers and worldwide-income reporting
Processing variations between regions
RUT timing for non-residents

Risks Bordercase watches for in Spain:

Tax residency triggers - 183 days + centre of interests
Beckham Law (special regime) eligibility
Autonomous-community tax variation
Hacienda audits when planning is unclear
Past Schengen overstays must be disclosed

Documents

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 Slovak residency documents:

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

Typical Chilean documents:

Passport
Apostilled foreign documents (birth, marriage, criminal record)
Proof of income or investment
Health insurance
Spanish translations where required

Typical Spanish residency documents:

Passport
NIE (foreigner identification number)
Criminal record certificate with apostille
Proof of income / assets
Health insurance with full cover in Spain
Accommodation evidence
Marriage / birth certificates for family routes