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 IT flagItaly

Europe

ME flagMontenegro

Europe

GD flagGrenada

Central America & Caribbean

OverviewItaly 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.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.
Best for
  • Families
  • Remote workers
  • EU access
  • Long-term residency
  • Cost of living
  • Coastal living
  • Regional residency
  • Second passport
  • US E-2 access
  • English admin
CurrencyEUREURXCD
LanguageItalianMontenegrin / SerbianEnglish
Time zoneUTC+1UTC+1UTC-4
EU memberYesNoNo
SchengenYesNoNo
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.

Grenada routes:

  • Citizenship by Investment (CBI) via fund contribution or qualifying real-estate investment
  • Standard work permits
  • 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.

Domestic companies and IBCs are common in international structures.

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.

Banking is selective. Bordercase coordinates banking 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.

CBI can include qualifying dependents.

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 Grenada:

  • Programme parameters change
  • Due diligence has tightened
  • Reputational and revocation risks if information is misrepresented
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 CBI documents:

  • Passport
  • Due diligence questionnaires
  • Source-of-funds evidence (extensive)
  • Family certificates with apostille and translation

Country pages stay the authoritative source. This view is a side-by-side; nothing here promises a particular outcome.