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

	Italy Europe	Montenegro Europe	Brazil Latin America	Bahamas Central America & Caribbean
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.	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.	Brazil is the largest Latin American economy with structured residency routes and growing remote-worker visa pathways. Bordercase coordinates with licensed Brazilian partners for filings.	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.
Best for	Families Remote workers EU access Long-term residency	Cost of living Coastal living Regional residency	Latin America hub Founders Families Digital nomads	HNW Funds Family offices English admin
Currency	EUR	EUR	BRL	BSD
Language	Italian	Montenegrin / Serbian	Portuguese	English
Time zone	UTC+1	UTC+1	UTC-3	UTC-5
EU member	Yes	No	No	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.	Montenegrin residency routes: Temporary residence via employment Business / self-employment Real-estate ownership Family reunification Permanent residence typically after 5 years.	Brazilian residency routes: Investor visa (VIPER / VITEM) - qualifying investment in a Brazilian business Digital nomad visa - remote workers Retirement visa - qualifying pension income Family reunification Employer-sponsored work permits	Bahamian residency routes: Economic Permanent Residence - qualifying property investment Annual residence permits for HNW Work permits - employer-sponsored Family routes
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.	DOO (limited liability) is the standard structure. Formation is well-documented and reasonably fast. Tax and VAT registration follow.	Ltda and SA are the standard structures. CNPJ registration, state registrations, and Receita Federal tax registration follow. The MEI regime suits micro-entrepreneurs.	IBCs (International Business Companies) are widely used; substance and reporting are now real. Funds and family-office structures are common.
Banking	Resident banking is straightforward; corporate banking and certain non-standard structures require coordination. Bordercase introduces banking partners where useful.	Personal banking for residents is accessible. Corporate banking depends on activity. Bordercase coordinates introductions where useful.	Residency unlocks personal and corporate banking. Pix has changed everyday payments; SWIFT for international flows still requires careful KYC.	Banking is selective and source-of-funds focused. Bordercase coordinates introductions through current partners.
Family	Family reunification is supported. Public and private schools are widely available; international schools are concentrated in major cities.	Family inclusion on residency applications is supported. International schools are available in Podgorica and on the coast.	Family reunification is supported on most routes. International schools (English, German, French, Japanese) are concentrated in São Paulo, Rio, and Brasília.	Family inclusion is supported on most routes. International schools are concentrated on New Providence.
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 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 Brazil: Tax residency rules and worldwide-income reporting Real-estate restrictions in certain border regions Document apostille + Portuguese translation	Risks Bordercase watches for in the Bahamas: Economic substance reporting Property due diligence Reputational handling around offshore structures
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 Montenegrin residency documents: Passport Criminal record certificate Proof of accommodation Basis for residence Health insurance Family certificates Apostilled and translated.	Typical Brazilian documents: Passport Apostilled foreign documents Proof of income or investment Photographs to specification Brazilian consular application abroad for most routes	Typical Bahamian documents: Passport Source-of-funds evidence Health and police clearances Apostilled foreign documents

Europe

Europe

Latin America

Central America & Caribbean

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.

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.

Brazil is the largest Latin American economy with structured residency routes and growing remote-worker visa pathways. Bordercase coordinates with licensed Brazilian partners for filings.

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.

Best for

Families
Remote workers
EU access
Long-term residency

Cost of living
Coastal living
Regional residency

Latin America hub
Founders
Families
Digital nomads

HNW
Funds
Family offices
English admin

Currency

EUR

BRL

BSD

Language

Italian

Montenegrin / Serbian

Portuguese

English

Time zone

UTC+1

UTC-3

UTC-5

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.

Montenegrin residency routes:

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

Permanent residence typically after 5 years.

Brazilian residency routes:

Investor visa (VIPER / VITEM) - qualifying investment in a Brazilian business
Digital nomad visa - remote workers
Retirement visa - qualifying pension income
Family reunification
Employer-sponsored work permits

Bahamian residency routes:

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

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.

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

Ltda and SA are the standard structures. CNPJ registration, state registrations, and Receita Federal tax registration follow. The MEI regime suits micro-entrepreneurs.

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

Banking

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

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

Residency unlocks personal and corporate banking. Pix has changed everyday payments; SWIFT for international flows still requires careful KYC.

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

Family

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

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

Family reunification is supported on most routes. International schools (English, German, French, Japanese) are concentrated in São Paulo, Rio, and Brasília.

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

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 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 Brazil:

Tax residency rules and worldwide-income reporting
Real-estate restrictions in certain border regions
Document apostille + Portuguese translation

Risks Bordercase watches for in the Bahamas:

Economic substance reporting
Property due diligence
Reputational handling around offshore structures

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 Montenegrin residency documents:

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

Apostilled and translated.

Typical Brazilian documents:

Passport
Apostilled foreign documents
Proof of income or investment
Photographs to specification
Brazilian consular application abroad for most routes

Typical Bahamian documents:

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