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Countries

	Italy Europe	Bahamas Central America & Caribbean	Cyprus Europe	Chile Latin America
Overview	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.	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.	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.
Best for	Families Remote workers EU access Long-term residency	HNW Funds Family offices English admin	Founders Holding structures EU access English admin	Latin America hub Stable economy Founders Families
Currency	EUR	BSD	EUR	CLP
Language	Italian	English	Greek / English	Spanish
Time zone	UTC+1	UTC-5	UTC+2	UTC-4
EU member	Yes	No	Yes	No
Schengen	Yes	No	No	No
Residency	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.	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.	Chilean residency routes: Temporary residence - employment, retirement, or qualifying activity Investor / entrepreneur routes Family reunification Permanent residence typically after a qualifying temporary period
Company setup	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.	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.	SpA (Sociedad por Acciones), Ltda, and SA are standard structures. SII tax registration, RUT, and patent municipal registration follow.
Banking	Resident banking is straightforward; corporate banking and certain non-standard structures require coordination. Bordercase introduces banking partners 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.	Residency unlocks personal banking. Corporate banking depends on activity. Bordercase coordinates introductions for cross-border cases.
Family	Family reunification is supported. Public and private schools are widely available; international schools are concentrated in major cities.	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.	Family reunification is supported. Schools (public, private, English, German, French) are concentrated in Santiago.
Risks	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 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	Risks Bordercase watches for in Chile: Tax residency triggers and worldwide-income reporting Processing variations between regions RUT timing for non-residents
Documents	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 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.	Typical Chilean documents: Passport Apostilled foreign documents (birth, marriage, criminal record) Proof of income or investment Health insurance Spanish translations where required

Italy

Europe

Bahamas

Central America & Caribbean

Cyprus

Europe

Chile

Latin America

Overview

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.

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.

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.

Best for

Families
Remote workers
EU access
Long-term residency

HNW
Funds
Family offices
English admin

Founders
Holding structures
EU access
English admin

Latin America hub
Stable economy
Founders
Families

Currency

EUR

BSD

EUR

CLP

Language

Italian

English

Greek / English

Spanish

Time zone

UTC+1

UTC-5

UTC+2

UTC-4

EU member

Yes

Schengen

Yes

Residency

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.

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.

Chilean residency routes:

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

Company setup

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.

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.

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

Banking

Resident banking is straightforward; corporate banking and certain non-standard structures require coordination. Bordercase introduces banking partners 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.

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

Family

Family reunification is supported. Public and private schools are widely available; international schools are concentrated in major cities.

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.

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

Risks

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 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

Risks Bordercase watches for in Chile:

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

Documents

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 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.

Typical Chilean documents:

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