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Countries

	Mexico North America	Montenegro Europe	Saint Lucia Central America & Caribbean	Uruguay Latin America
Overview	Mexico is a large North American economy with established routes for residency, growing remote-worker visa programs, and a strong fit for founders building toward Latin American customers. Bordercase coordinates with licensed Mexican 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.	Saint Lucia is a Caribbean jurisdiction with a Citizenship by Investment programme launched in 2016. Bordercase coordinates with authorised local agents.	Uruguay is a stable South American jurisdiction with structured residency routes, strong civil infrastructure, and notable second-residence appeal for HNW relocators. Bordercase coordinates with licensed Uruguayan partners.
Best for	Founders Families Latin America hub Cost of living	Cost of living Coastal living Regional residency	Second passport English admin Caribbean residency	HNW Stable economy Latin America hub Banking
Currency	MXN	EUR	XCD	UYU
Language	Spanish	Montenegrin / Serbian	English	Spanish
Time zone	UTC-6	UTC+1	UTC-4	UTC-3
EU member	No	No	No	No
Schengen	No	No	No	No
Residency	Mexican residency routes: Temporary resident visa - via investment, employment, or qualifying income Permanent resident visa - via qualifying assets, retirement income, or after 4 years of temporary residency Family unity routes - for spouse and dependents of permanent residents / citizens Student visa Permanent residency unlocks indefinite stay with work authorisation.	Montenegrin residency routes: Temporary residence via employment Business / self-employment Real-estate ownership Family reunification Permanent residence typically after 5 years.	Saint Lucia routes: Citizenship by Investment (CBI) via fund contribution or approved real-estate investment Standard work permits Family routes	Uruguayan residency routes: Standard residency - proof of income / qualifying activity Investor route Retirement / pensioner route MERCOSUR fast-track for member-state nationals Family reunification
Company setup	SA de CV (Sociedad Anónima) and S de RL de CV are the standard private entity types. Formation involves a notary, RFC (tax registration), and IMSS where staff are involved. Mexican tax residency is triggered by primary home and centre of economic interests.	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.	SAS and SA are common structures. DGI tax registration and BPS social-security registration follow.
Banking	Resident personal banking is broadly accessible; corporate banking depends on activity and structure. Source of funds and ownership clarity are central. 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. Bordercase coordinates banking introductions through current partners.	Residency unlocks personal banking. Uruguay has historically been a HNW banking destination in the region; standards have tightened materially.
Family	Family reunification is supported on most residency routes. International schools (English, German, French, Japanese) are widely available in major cities; bilingual public and private schools are common.	Family inclusion on residency applications is supported. International schools are available in Podgorica and on the coast.	CBI can include qualifying dependents.	Family reunification is supported. Schools (public, private, bilingual, international) are concentrated in Montevideo and Punta del Este.
Risks	Risks Bordercase watches for in Mexico: Centre-of-economic-interests test for tax residency Real-estate restrictions in the "restricted zone" (50 km from coast, 100 km from borders) - fideicomiso or Mexican company structure needed Income thresholds for temporary / permanent routes change with minimum wage indexation Late-stage RFC and CURP registrations	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 Saint Lucia: Programme parameters change Due diligence has tightened Reputational and revocation risks if information is misrepresented	Risks Bordercase watches for in Uruguay: Tax residency triggers (the new-resident tax holiday has conditions) Banking documentation and source-of-funds rigor Apostille + Spanish translation requirements
Documents	Typical Mexican documents: Passport Apostilled foreign documents (birth, marriage, criminal record) Proof of income or qualifying assets Photographs to specification Mexican consular application abroad for most routes	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	Typical Uruguayan documents: Passport Apostilled foreign documents Proof of income or investment Health insurance Spanish translations where required

Mexico

North America

Montenegro

Europe

Saint Lucia

Central America & Caribbean

Uruguay

Latin America

Overview

Mexico is a large North American economy with established routes for residency, growing remote-worker visa programs, and a strong fit for founders building toward Latin American customers. Bordercase coordinates with licensed Mexican 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.

Saint Lucia is a Caribbean jurisdiction with a Citizenship by Investment programme launched in 2016. Bordercase coordinates with authorised local agents.

Uruguay is a stable South American jurisdiction with structured residency routes, strong civil infrastructure, and notable second-residence appeal for HNW relocators. Bordercase coordinates with licensed Uruguayan partners.

Best for

Founders
Families
Latin America hub
Cost of living

Cost of living
Coastal living
Regional residency

Second passport
English admin
Caribbean residency

HNW
Stable economy
Latin America hub
Banking

Currency

MXN

EUR

XCD

UYU

Language

Spanish

Montenegrin / Serbian

English

Spanish

Time zone

UTC-6

UTC+1

UTC-4

UTC-3

EU member

Schengen

Residency

Mexican residency routes:

Temporary resident visa - via investment, employment, or qualifying income
Permanent resident visa - via qualifying assets, retirement income, or after 4 years of temporary residency
Family unity routes - for spouse and dependents of permanent residents / citizens
Student visa

Permanent residency unlocks indefinite stay with work authorisation.

Montenegrin residency routes:

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

Permanent residence typically after 5 years.

Saint Lucia routes:

Citizenship by Investment (CBI) via fund contribution or approved real-estate investment
Standard work permits
Family routes

Uruguayan residency routes:

Standard residency - proof of income / qualifying activity
Investor route
Retirement / pensioner route
MERCOSUR fast-track for member-state nationals
Family reunification

Company setup

SA de CV (Sociedad Anónima) and S de RL de CV are the standard private entity types. Formation involves a notary, RFC (tax registration), and IMSS where staff are involved. Mexican tax residency is triggered by primary home and centre of economic interests.

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.

SAS and SA are common structures. DGI tax registration and BPS social-security registration follow.

Banking

Resident personal banking is broadly accessible; corporate banking depends on activity and structure. Source of funds and ownership clarity are central. 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. Bordercase coordinates banking introductions through current partners.

Residency unlocks personal banking. Uruguay has historically been a HNW banking destination in the region; standards have tightened materially.

Family

Family reunification is supported on most residency routes. International schools (English, German, French, Japanese) are widely available in major cities; bilingual public and private schools are common.

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

CBI can include qualifying dependents.

Family reunification is supported. Schools (public, private, bilingual, international) are concentrated in Montevideo and Punta del Este.

Risks

Risks Bordercase watches for in Mexico:

Centre-of-economic-interests test for tax residency
Real-estate restrictions in the "restricted zone" (50 km from coast, 100 km from borders) - fideicomiso or Mexican company structure needed
Income thresholds for temporary / permanent routes change with minimum wage indexation
Late-stage RFC and CURP registrations

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 Saint Lucia:

Programme parameters change
Due diligence has tightened
Reputational and revocation risks if information is misrepresented

Risks Bordercase watches for in Uruguay:

Tax residency triggers (the new-resident tax holiday has conditions)
Banking documentation and source-of-funds rigor
Apostille + Spanish translation requirements

Documents

Typical Mexican documents:

Passport
Apostilled foreign documents (birth, marriage, criminal record)
Proof of income or qualifying assets
Photographs to specification
Mexican consular application abroad for most routes

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

Typical Uruguayan documents:

Passport
Apostilled foreign documents
Proof of income or investment
Health insurance
Spanish translations where required