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

	Chile Latin America	Montenegro Europe	Bahamas Central America & Caribbean	Cyprus Europe
Overview	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.	Montenegro is a non-EU European country with structured residency routes, EU candidate status, and a growing role as a base for founders and remote workers in the region. Bordercase coordinates with licensed Montenegrin partners.	The Bahamas is a Caribbean jurisdiction with structured residency routes including the Economic Permanent Residence and an active fund / family-office sector. Bordercase coordinates with licensed Bahamian partners.	Cyprus is an EU member state with established routes for residency, company setup, and family relocation. Bordercase coordinates with regulated Cypriot lawyers and corporate-services providers for filings and ongoing compliance.
Best for	Latin America hub Stable economy Founders Families	Cost of living Coastal living Regional residency	HNW Funds Family offices English admin	Founders Holding structures EU access English admin
Currency	CLP	EUR	BSD	EUR
Language	Spanish	Montenegrin / Serbian	English	Greek / English
Time zone	UTC-4	UTC+1	UTC-5	UTC+2
EU member	No	No	No	Yes
Schengen	No	No	No	No
Residency	Chilean residency routes: Temporary residence - employment, retirement, or qualifying activity Investor / entrepreneur routes Family reunification Permanent residence typically after a qualifying temporary period	Montenegrin residency routes: Temporary residence via employment Business / self-employment Real-estate ownership Family reunification Permanent residence typically after 5 years.	Bahamian residency routes: Economic Permanent Residence - qualifying property investment Annual residence permits for HNW Work permits - employer-sponsored Family routes	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.
Company setup	SpA (Sociedad por Acciones), Ltda, and SA are standard structures. SII tax registration, RUT, and patent municipal registration follow.	DOO (limited liability) is the standard structure. Formation is well-documented and reasonably fast. Tax and VAT registration follow.	IBCs (International Business Companies) are widely used; substance and reporting are now real. Funds and family-office structures are common.	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.
Banking	Residency unlocks personal banking. Corporate banking depends on activity. Bordercase coordinates introductions for cross-border cases.	Personal banking for residents is accessible. Corporate banking depends on activity. Bordercase coordinates introductions where useful.	Banking is selective and source-of-funds focused. Bordercase coordinates introductions through current partners.	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.
Family	Family reunification is supported. Schools (public, private, English, German, French) are concentrated in Santiago.	Family inclusion on residency applications is supported. International schools are available in Podgorica and on the coast.	Family inclusion is supported on most routes. International schools are concentrated on New Providence.	Family reunification is available on most routes. English-language schools (public and private) and healthcare options are widely accessible to legal residents.
Risks	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 Montenegro: Tax residency triggers EU accession dynamics may change rules over time Processing variations between municipalities Schengen entry / exit considerations for travel planning	Risks Bordercase watches for in the Bahamas: Economic substance reporting Property due diligence Reputational handling around offshore structures	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
Documents	Typical Chilean documents: Passport Apostilled foreign documents (birth, marriage, criminal record) Proof of income or investment Health insurance Spanish translations where required	Typical Montenegrin residency documents: Passport Criminal record certificate Proof of accommodation Basis for residence Health insurance Family certificates Apostilled and translated.	Typical Bahamian documents: Passport Source-of-funds evidence Health and police clearances Apostilled foreign documents	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.

Chile

Latin America

Montenegro

Europe

Bahamas

Central America & Caribbean

Cyprus

Europe

Overview

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.

Montenegro is a non-EU European country with structured residency routes, EU candidate status, and a growing role as a base for founders and remote workers in the region. Bordercase coordinates with licensed Montenegrin partners.

The Bahamas is a Caribbean jurisdiction with structured residency routes including the Economic Permanent Residence and an active fund / family-office sector. Bordercase coordinates with licensed Bahamian partners.

Cyprus is an EU member state with established routes for residency, company setup, and family relocation. Bordercase coordinates with regulated Cypriot lawyers and corporate-services providers for filings and ongoing compliance.

Best for

Latin America hub
Stable economy
Founders
Families

Cost of living
Coastal living
Regional residency

HNW
Funds
Family offices
English admin

Founders
Holding structures
EU access
English admin

Currency

CLP

EUR

BSD

EUR

Language

Spanish

Montenegrin / Serbian

English

Greek / English

Time zone

UTC-4

UTC+1

UTC-5

UTC+2

EU member

Yes

Schengen

Residency

Chilean residency routes:

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

Montenegrin residency routes:

Temporary residence via employment
Business / self-employment
Real-estate ownership
Family reunification

Permanent residence typically after 5 years.

Bahamian residency routes:

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

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.

Company setup

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

DOO (limited liability) is the standard structure. Formation is well-documented and reasonably fast. Tax and VAT registration follow.

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

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.

Banking

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

Personal banking for residents is accessible. Corporate banking depends on activity. Bordercase coordinates introductions where useful.

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

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.

Family

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

Family inclusion on residency applications is supported. International schools are available in Podgorica and on the coast.

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

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

Risks

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 Montenegro:

Tax residency triggers
EU accession dynamics may change rules over time
Processing variations between municipalities
Schengen entry / exit considerations for travel planning

Risks Bordercase watches for in the Bahamas:

Economic substance reporting
Property due diligence
Reputational handling around offshore structures

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

Documents

Typical Chilean documents:

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

Typical Montenegrin residency documents:

Passport
Criminal record certificate
Proof of accommodation
Basis for residence
Health insurance
Family certificates

Apostilled and translated.

Typical Bahamian documents:

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

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.