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Countries

	Serbia Europe	British Virgin Islands Central America & Caribbean	Saint Lucia Central America & Caribbean	Chile Latin America
Overview	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.	The British Virgin Islands is a long-standing jurisdiction for BVI Business Companies used in international structures. Substance and reporting have tightened materially. Bordercase coordinates with licensed BVI partners.	Saint Lucia is a Caribbean jurisdiction with a Citizenship by Investment programme launched in 2016. Bordercase coordinates with authorised local agents.	Chile is a stable Latin American economy with structured residency routes, strong civil infrastructure, and growing relevance for international founders. Bordercase coordinates with licensed Chilean partners for filings.
Best for	Founders IT professionals Cost of living Regional hub	Holding structures International funds English admin	Second passport English admin Caribbean residency	Latin America hub Stable economy Founders Families
Currency	RSD	USD	XCD	CLP
Language	Serbian	English	English	Spanish
Time zone	UTC+1	UTC-4	UTC-4	UTC-4
EU member	No	No	No	No
Schengen	No	No	No	No
Residency	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.	BVI presence options: Work permits - employer-sponsored Residency for HNW under specific programmes Limited tourist / business visit arrangements	Saint Lucia routes: Citizenship by Investment (CBI) via fund contribution or approved real-estate investment Standard work permits Family routes	Chilean residency routes: Temporary residence - employment, retirement, or qualifying activity Investor / entrepreneur routes Family reunification Permanent residence typically after a qualifying temporary period
Company setup	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.	BVI Business Companies (BVI BC) are the standard structure. Economic substance applies to relevant activities; UBO reporting is mandatory.	Domestic companies and IBCs are common in international structures.	SpA (Sociedad por Acciones), Ltda, and SA are standard structures. SII tax registration, RUT, and patent municipal registration follow.
Banking	Personal and corporate banking for residents is broadly accessible. Source-of-funds documentation matters for non-standard cases. Bordercase coordinates banking introductions.	Banking access has tightened materially; EMIs are common supplements. Bordercase coordinates introductions for cross-border cases.	Banking is selective. Bordercase coordinates banking introductions through current partners.	Residency unlocks personal banking. Corporate banking depends on activity. Bordercase coordinates introductions for cross-border cases.
Family	Family reunification is supported. International schools (English, French, Russian) are available in Belgrade.	Family inclusion follows the main route. International schools are limited.	CBI can include qualifying dependents.	Family reunification is supported. Schools (public, private, English, German, French) are concentrated in Santiago.
Risks	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 the BVI: Economic substance reporting UBO disclosure and beneficial ownership reform Reputational handling around offshore structures	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 Chile: Tax residency triggers and worldwide-income reporting Processing variations between regions RUT timing for non-residents
Documents	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 BVI documents: Passport Source-of-funds evidence KYC for all UBOs Apostilled foreign documents	Typical CBI documents: Passport Due diligence questionnaires Source-of-funds evidence (extensive) Family certificates with apostille and translation	Typical Chilean documents: Passport Apostilled foreign documents (birth, marriage, criminal record) Proof of income or investment Health insurance Spanish translations where required

Serbia

Europe

British Virgin Islands

Central America & Caribbean

Saint Lucia

Central America & Caribbean

Chile

Latin America

Overview

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.

The British Virgin Islands is a long-standing jurisdiction for BVI Business Companies used in international structures. Substance and reporting have tightened materially. Bordercase coordinates with licensed BVI partners.

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

Chile is a stable Latin American economy with structured residency routes, strong civil infrastructure, and growing relevance for international founders. Bordercase coordinates with licensed Chilean partners for filings.

Best for

Founders
IT professionals
Cost of living
Regional hub

Holding structures
International funds
English admin

Second passport
English admin
Caribbean residency

Latin America hub
Stable economy
Founders
Families

Currency

RSD

USD

XCD

CLP

Language

Serbian

English

Spanish

Time zone

UTC+1

UTC-4

EU member

Schengen

Residency

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.

BVI presence options:

Work permits - employer-sponsored
Residency for HNW under specific programmes
Limited tourist / business visit arrangements

Saint Lucia routes:

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

Chilean residency routes:

Temporary residence - employment, retirement, or qualifying activity
Investor / entrepreneur routes
Family reunification
Permanent residence typically after a qualifying temporary period

Company setup

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.

BVI Business Companies (BVI BC) are the standard structure. Economic substance applies to relevant activities; UBO reporting is mandatory.

Domestic companies and IBCs are common in international structures.

SpA (Sociedad por Acciones), Ltda, and SA are standard structures. SII tax registration, RUT, and patent municipal registration follow.

Banking

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

Banking access has tightened materially; EMIs are common supplements. Bordercase coordinates introductions for cross-border cases.

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

Residency unlocks personal banking. Corporate banking depends on activity. Bordercase coordinates introductions for cross-border cases.

Family

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

Family inclusion follows the main route. International schools are limited.

CBI can include qualifying dependents.

Family reunification is supported. Schools (public, private, English, German, French) are concentrated in Santiago.

Risks

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 the BVI:

Economic substance reporting
UBO disclosure and beneficial ownership reform
Reputational handling around offshore structures

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 Chile:

Tax residency triggers and worldwide-income reporting
Processing variations between regions
RUT timing for non-residents

Documents

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 BVI documents:

Passport
Source-of-funds evidence
KYC for all UBOs
Apostilled foreign documents

Typical CBI documents:

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

Typical Chilean documents:

Passport
Apostilled foreign documents (birth, marriage, criminal record)
Proof of income or investment
Health insurance
Spanish translations where required