Compare jurisdictions, side by side.

Panama residency routes:

• Friendly Nations Visa - now requires economic tie (employment, real estate, or investment)
• Qualified Investor Visa - qualifying investment thresholds
• Pensionado / Retiree Visa - qualifying pension income
• Family routes

Bahamian residency routes:

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

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

Greek residency routes:

• Golden Visa - property investment (thresholds vary by region, recently raised)
• Digital Nomad Visa - remote workers
• Financially Independent Person (FIP) - passive-income individuals
• Employment routes

Each route has different residency-day and renewal requirements.

Panamanian corporations (SA) and Private Interest Foundations are widely used. Beneficial ownership reporting, CRS / FATCA compliance, and substance discussions have become material; planning must reflect current standards.

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

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

IKE (Private Company), EPE (LLC), and AE (Joint Stock Company) are common structures. Greek tax residency triggers worldwide income reporting; the non-dom regime may apply to eligible high-net-worth relocators.

Panamanian banking has tightened KYC and source-of-funds requirements. Non-resident applications take time; Bordercase coordinates introductions through current banking partners.

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

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

Personal banking for residents is well established; corporate banking depends on activity. Bordercase coordinates introductions for non-standard structures.

Family reunification is supported on most residency routes. International schools (English-language and Spanish) are available in Panama City.

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

Family reunification is supported on most routes. International schools (English, German, French, Italian) are available in Istanbul and Ankara.

Family reunification is supported on most routes. Schools (public, private, international, English-language) are available in major cities.

Risks Bordercase watches for in Panama:

• Reputational / de-banking risks for poorly structured offshore-only setups
• Tax residency analysis for clients with other obligations (CRS / FATCA)
• Processing delays at Migration
• UBO reporting is now active

Risks Bordercase watches for in the Bahamas:

• Economic substance reporting
• Property due diligence
• Reputational handling around offshore structures

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 Greece:

• Property due diligence - especially older buildings
• Tax residency triggers
• Non-dom regime conditions
• Registration timing across municipalities
• Some routes do not permit employment in Greece without additional permits

Typical Panama documents:

• Passport
• Criminal record certificate (apostilled)
• Proof of economic tie (employment letter, property deed, or investment evidence)
• Proof of address
• Marriage / birth certificates for family

All documents apostilled and translated where required.

Typical Bahamian documents:

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

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 Greek residency documents:

• Passport
• Criminal record certificate
• Proof of income / assets
• Health insurance valid in Greece
• Accommodation evidence (deed, lease)
• AFM (tax number)

Apostille and certified Greek translation where required.