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	Grenada Central America & Caribbean	Italy Europe	Germany Europe
Overview	Grenada is a Caribbean jurisdiction with a Citizenship by Investment programme that uniquely supports US E-2 treaty access. Bordercase coordinates with authorised local agents.	Italy offers EU residency routes for self-employed, entrepreneurs, retirees, and recently a digital nomad / remote worker route. Bordercase coordinates with licensed Italian partners for filings and tax planning.	Germany is the largest EU economy and a strong destination for skilled professionals, founders, and remote workers (under specific routes). Bordercase coordinates with licensed German partners for filings.
Best for	Second passport US E-2 access English admin	Families Remote workers EU access Long-term residency	Founders Skilled workers EU access Families
Currency	XCD	EUR	EUR
Language	English	Italian	German
Time zone	UTC-4	UTC+1	UTC+1
EU member	No	Yes	Yes
Schengen	No	Yes	Yes
Residency	Grenada routes: Citizenship by Investment (CBI) via fund contribution or qualifying real-estate investment Standard work permits Family routes	Italian residency routes: Elective Residency Visa - passive income, no employment in Italy Self-employment visa (within quota) Entrepreneur visa Investor visa Digital nomad / remote worker - for qualified professionals Flat-tax regime (Article 24-bis) and impatriate regime may apply.	German residency routes: Blue Card - high-skilled employees Freiberufler / Selbständig - freelancer / self-employed Employer-sponsored work permits Entrepreneur visa Family reunification Permanent residence typically after 5 years (faster on Blue Card).
Company setup	Domestic companies and IBCs are common in international structures.	SRL (Limited Liability Company) and SRL Semplificata are the standard structures. Italian tax residency triggers worldwide reporting; the flat-tax regime for new residents (article 24-bis) and the impatriate regime may apply to eligible individuals.	GmbH and UG (haftungsbeschränkt) are common structures. Notary involvement is required for formation. Tax registration, trade registration (Gewerbeanmeldung), and German GAAP / tax accounting standards apply.
Banking	Banking is selective. Bordercase coordinates banking introductions through current partners.	Resident banking is straightforward; corporate banking and certain non-standard structures require coordination. Bordercase introduces banking partners where useful.	Personal banking for residents is well established; certain non-resident structures take longer. SCHUFA history is relevant for residents. Bordercase coordinates introductions for cross-border cases.
Family	CBI can include qualifying dependents.	Family reunification is supported. Public and private schools are widely available; international schools are concentrated in major cities.	Family reunification is well supported. Schools (public, private, bilingual, and international) are widely available; international schools are concentrated in major cities.
Risks	Risks Bordercase watches for in Grenada: Programme parameters change Due diligence has tightened Reputational and revocation risks if information is misrepresented	Risks Bordercase watches for in Italy: Tax residency triggers Flat-tax regime eligibility and possible revocation Regional administrative variation Language and bureaucratic friction Impatriate regime conditions vary	Risks Bordercase watches for in Germany: Tax residency triggers (183 days + centre of interests) Late VAT registration on cross-border services Language and bureaucratic friction in some Länder Freiberufler vs Gewerbe classification disputes
Documents	Typical CBI documents: Passport Due diligence questionnaires Source-of-funds evidence (extensive) Family certificates with apostille and translation	Typical Italian residency documents: Passport Criminal record certificate Proof of income (significant for elective residency) Health insurance valid in Italy Accommodation evidence Codice fiscale (tax number) Apostille and certified Italian translation where required.	Typical German residency documents: Passport Recognised qualifications (where required) Contract or business plan Accommodation evidence (Anmeldung) Health insurance Family certificates Apostilled and translated to German.

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