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Countries

	Romania Europe	Serbia Europe	Saint Lucia Central America & Caribbean	Uruguay Latin America
Overview	Romania is an EU member state with structured residency routes, accessible company formation, and competitive costs for founders and remote professionals. Bordercase coordinates with licensed Romanian 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.	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 Digital nomads EU access Cost of living	Founders IT professionals Cost of living Regional hub	Second passport English admin Caribbean residency	HNW Stable economy Latin America hub Banking
Currency	RON	RSD	XCD	UYU
Language	Romanian	Serbian	English	Spanish
Time zone	UTC+2	UTC+1	UTC-4	UTC-3
EU member	Yes	No	No	No
Schengen	Yes	No	No	No
Residency	Romanian residency routes: Employment-based residence (including the Blue Card) Digital Nomad Visa - remote workers Business / investor routes Family reunification EU citizen-derivative routes	Serbian residency routes: Temporary residence via employment Self-employment / business Real-estate ownership Family reunification IT-focused residency framework Permanent residence typically after 3 years of continuous temporary residence.	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	SRL (limited liability) is the standard structure. Formation involves notary and trade registry. Microcompany tax regime may apply for small businesses with eligible activities.	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.	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	Personal and corporate banking for residents is broadly accessible. Bordercase coordinates introductions for non-standard cross-border structures.	Personal and corporate banking for residents is broadly accessible. Source-of-funds documentation matters for non-standard cases. Bordercase coordinates banking introductions.	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. International schools (English, French, German) are concentrated in Bucharest, Cluj, and Timișoara.	Family reunification is supported. International schools (English, French, Russian) are available in Belgrade.	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 Romania: Tax residency triggers Microcompany regime eligibility Processing variations between counties Schengen entry / exit rules now apply	Risks Bordercase watches for in Serbia: Tax residency triggers VAT registration timing Processing variations between MUP offices EU Schengen access requires planning for cross-border travel	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 Romanian residency documents: Passport Criminal record certificate Proof of address Basis for residence Health insurance Family certificates Apostilled and translated to Romanian.	Typical Serbian residency documents: Passport Criminal record certificate Proof of address Basis for residence (employment, business, etc.) Health insurance Family certificates Apostilled and translated to Serbian.	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

Romania

Europe

Serbia

Europe

Saint Lucia

Central America & Caribbean

Uruguay

Latin America

Overview

Romania is an EU member state with structured residency routes, accessible company formation, and competitive costs for founders and remote professionals. Bordercase coordinates with licensed Romanian 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.

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
Digital nomads
EU access
Cost of living

Founders
IT professionals
Cost of living
Regional hub

Second passport
English admin
Caribbean residency

HNW
Stable economy
Latin America hub
Banking

Currency

RON

RSD

XCD

UYU

Language

Romanian

Serbian

English

Spanish

Time zone

UTC+2

UTC+1

UTC-4

UTC-3

EU member

Yes

Schengen

Yes

Residency

Romanian residency routes:

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

Serbian residency routes:

Temporary residence via employment
Self-employment / business
Real-estate ownership
Family reunification
IT-focused residency framework

Permanent residence typically after 3 years of continuous temporary residence.

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

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

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.

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

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

Personal and corporate banking for residents is broadly accessible. Source-of-funds documentation matters for non-standard cases. Bordercase coordinates banking introductions.

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

Family reunification is supported. International schools (English, French, Russian) are available in Belgrade.

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 Romania:

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

Risks Bordercase watches for in Serbia:

Tax residency triggers
VAT registration timing
Processing variations between MUP offices
EU Schengen access requires planning for cross-border travel

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 Romanian residency documents:

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

Apostilled and translated to Romanian.

Typical Serbian residency documents:

Passport
Criminal record certificate
Proof of address
Basis for residence (employment, business, etc.)
Health insurance
Family certificates

Apostilled and translated to Serbian.

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