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	Serbia Europe	Uruguay Latin America	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.	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.	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	HNW Stable economy Latin America hub Banking	Latin America hub Stable economy Founders Families
Currency	RSD	UYU	CLP
Language	Serbian	Spanish	Spanish
Time zone	UTC+1	UTC-3	UTC-4
EU member	No	No	No
Schengen	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.	Uruguayan residency routes: Standard residency - proof of income / qualifying activity Investor route Retirement / pensioner route MERCOSUR fast-track for member-state nationals Family reunification	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.	SAS and SA are common structures. DGI tax registration and BPS social-security registration follow.	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.	Residency unlocks personal banking. Uruguay has historically been a HNW banking destination in the region; standards have tightened materially.	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 reunification is supported. Schools (public, private, bilingual, international) are concentrated in Montevideo and Punta del Este.	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 Uruguay: Tax residency triggers (the new-resident tax holiday has conditions) Banking documentation and source-of-funds rigor Apostille + Spanish translation requirements	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 Uruguayan documents: Passport Apostilled foreign documents Proof of income or investment Health insurance Spanish translations where required	Typical Chilean documents: Passport Apostilled foreign documents (birth, marriage, criminal record) Proof of income or investment Health insurance Spanish translations where required

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