Compare jurisdictions, side by side.

Montenegrin residency routes:

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

Permanent residence typically after 5 years.

Türkiye residency routes:

• Short-term residence permit (1-2 years, renewable)
• Family permit
• Work permit - employer-sponsored
• Student permit
• Citizenship-by-investment via real estate or qualifying deposits / investments

Romanian residency routes:

• Employment-based residence (including the Blue Card)
• Digital Nomad Visa - remote workers
• Business / investor routes
• Family reunification
• EU citizen-derivative routes

Grenada routes:

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

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

Limited Şirket (LLC) and AŞ (Joint Stock) are common structures. Notary registration, tax registration, and a tax representative are typically required.

SRL (limited liability) is the standard structure. Formation involves notary and trade registry. Microcompany tax regime may apply for small businesses with eligible activities.

Domestic companies and IBCs are common in international structures.

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

Personal banking for residents is broadly accessible; non-resident corporate banking has tightened. Source-of-funds and ownership clarity are central.

Personal and corporate banking for residents is broadly accessible. Bordercase coordinates introductions for non-standard cross-border structures.

Banking is selective. Bordercase coordinates banking introductions through current partners.

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, Italian) are available in Istanbul and Ankara.

Family reunification is supported. International schools (English, French, German) are concentrated in Bucharest, Cluj, and Timișoara.

CBI can include qualifying dependents.

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 Türkiye:

• Restricted residency zones (some districts no longer issue short-term residency to foreigners)
• Currency volatility on investment routes
• Shifting policy on the citizenship-by-investment programme
• Banking documentation requirements tighten regularly

Risks Bordercase watches for in Romania:

• Tax residency triggers
• Microcompany regime eligibility
• Processing variations between counties
• Schengen entry / exit rules now apply

Risks Bordercase watches for in Grenada:

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

Typical Montenegrin residency documents:

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

Apostilled and translated.

Typical Türkiye documents:

• Passport
• Biometric photos
• Proof of address
• Proof of income or savings
• Health insurance
• Criminal record certificate
• Marriage / birth certificates for family

Documents apostilled and translated to Turkish.

Typical Romanian residency documents:

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

Apostilled and translated to Romanian.

Typical CBI documents:

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