Skip to content
Bordercase

Compare

Compare jurisdictions, side by side.

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.

 RS flagSerbia

Europe

BG flagBulgaria

Europe

TR flagTürkiye

Europe

OverviewSerbia 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.Türkiye offers a range of residency routes from short-term tourist residency to longer-term investor / family / work routes. Bordercase coordinates with licensed Turkish lawyers for filings.
Best for
  • Founders
  • IT professionals
  • Cost of living
  • Regional hub
  • Founders
  • EU access
  • Cost of living
  • Citizenship by investment
  • Cost of living
  • Regional residency
  • Families
CurrencyRSDBGN / EUR transitionTRY
LanguageSerbianBulgarianTurkish
Time zoneUTC+1UTC+2UTC+3
EU memberNoYesNo
SchengenNoYesNo
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.

Bulgarian residency routes:

  • Employment-based residence
  • Business / self-employment routes
  • Retirement / pensioner residency
  • Family reunification
  • EU citizen-derivative routes

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
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.

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.

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

Banking

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.

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

Family

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.

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

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 Bulgaria:

  • Tax residency triggers
  • VAT classification on cross-border services
  • Processing variations between regions
  • Euro adoption is in progress - operational planning needed

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
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 Bulgarian residency documents:

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

Apostilled and translated to Bulgarian.

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.

Country pages stay the authoritative source. This view is a side-by-side; nothing here promises a particular outcome.