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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.
Pick countries to compare (3/4)
Mauritius
Singapore
Hong Kong
Panama
Saint Kitts and Nevis
Antigua and Barbuda
Dominica
Grenada
Saint Lucia
Cayman Islands
British Virgin Islands
Bahamas
Barbados
Portugal
Spain
Italy
Greece
Cyprus
Malta
Germany
Switzerland
Estonia
Poland
Slovakia
Bulgaria
Croatia
Romania
Serbia
Montenegro
Georgia
Armenia
Türkiye
United Kingdom
Uruguay
Paraguay
Argentina
Brazil
Chile
United Arab Emirates
Mexico PanamaCentral America & Caribbean | SerbiaEurope | BulgariaEurope | |
|---|---|---|---|
| Overview | Panama is a long-established jurisdiction for residency and offshore company structures with a stable USD economy. Bordercase coordinates with licensed Panamanian lawyers and corporate-services partners. | Serbia is an attractive non-EU European jurisdiction for founders, IT professionals, and remote workers - with accessible residency and competitive costs. Bordercase coordinates with licensed Serbian partners for filings. | Bulgaria is an EU member state with competitive corporate tax, structured residency routes, and a well-developed digital infrastructure. Bordercase coordinates with licensed Bulgarian partners for filings. |
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| Currency | USD | RSD | BGN / EUR transition |
| Language | Spanish | Serbian | Bulgarian |
| Time zone | UTC-5 | UTC+1 | UTC+2 |
| EU member | No | No | Yes |
| Schengen | No | No | Yes |
| Residency | Panama residency routes:
| Serbian residency routes:
Permanent residence typically after 3 years of continuous temporary residence. | Bulgarian residency routes:
Permanent residence typically after 5 years. |
| Company setup | 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. | DOO (limited liability) is the standard structure. Formation is well-documented, with online steps available. Tax registration (PIB) and APR (Business Registers Agency) registration follow. | OOD (LLC) and EOOD (single-shareholder LLC) are common structures. Formation is well-documented. Corporate tax is at a flat rate; VAT registration depends on activity. |
| Banking | Panamanian banking has tightened KYC and source-of-funds requirements. Non-resident applications take time; Bordercase coordinates introductions through current banking partners. | Personal and corporate banking for residents is broadly accessible. Source-of-funds documentation matters for non-standard cases. Bordercase coordinates banking introductions. | Personal and corporate banking for residents is broadly accessible. Source-of-funds documentation matters for non-standard cases. Bordercase coordinates banking introductions. |
| Family | Family reunification is supported on most residency routes. International schools (English-language and Spanish) are available in Panama City. | Family reunification is supported. International schools (English, French, Russian) are available in Belgrade. | Family reunification is supported. Schools (public, private, English, German, French) are concentrated in Sofia, Plovdiv, and Varna. |
| Risks | Risks Bordercase watches for in Panama:
| Risks Bordercase watches for in Serbia:
| Risks Bordercase watches for in Bulgaria:
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| Documents | Typical Panama documents:
All documents apostilled and translated where required. | Typical Serbian residency documents:
Apostilled and translated to Serbian. | Typical Bulgarian residency documents:
Apostilled and translated to Bulgarian. |
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