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Countries

	Slovakia Europe	Panama Central America & Caribbean	Türkiye Europe	Brazil Latin America
Overview	Slovakia offers EU residency and corporate structures with a stable regulatory environment and competitive costs. Bordercase coordinates with licensed Slovak partners for filings.	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.	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.	Brazil is the largest Latin American economy with structured residency routes and growing remote-worker visa pathways. Bordercase coordinates with licensed Brazilian partners for filings.
Best for	Founders EU access Cost of living	Second residency USD economy Asset planning Holding structures	Citizenship by investment Cost of living Regional residency Families	Latin America hub Founders Families Digital nomads
Currency	EUR	USD	TRY	BRL
Language	Slovak	Spanish	Turkish	Portuguese
Time zone	UTC+1	UTC-5	UTC+3	UTC-3
EU member	Yes	No	No	No
Schengen	Yes	No	No	No
Residency	Slovak residency routes: Employment-based residence Start-up visa - innovative businesses Business / self-employment Family reunification EU citizen-derivative routes	Panama residency routes: Friendly Nations Visa - now requires economic tie (employment, real estate, or investment) Qualified Investor Visa - qualifying investment thresholds Pensionado / Retiree Visa - qualifying pension income Family routes	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	Brazilian residency routes: Investor visa (VIPER / VITEM) - qualifying investment in a Brazilian business Digital nomad visa - remote workers Retirement visa - qualifying pension income Family reunification Employer-sponsored work permits
Company setup	S.R.O. (private limited) is the standard entity, with relatively low minimum capital and well-established formation processes. VAT registration depends on activity.	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.	Limited Şirket (LLC) and AŞ (Joint Stock) are common structures. Notary registration, tax registration, and a tax representative are typically required.	Ltda and SA are the standard structures. CNPJ registration, state registrations, and Receita Federal tax registration follow. The MEI regime suits micro-entrepreneurs.
Banking	Resident banking is straightforward; corporate banking varies by activity. Bordercase coordinates introductions for cross-border cases.	Panamanian banking has tightened KYC and source-of-funds requirements. Non-resident applications take time; Bordercase coordinates introductions through current banking partners.	Personal banking for residents is broadly accessible; non-resident corporate banking has tightened. Source-of-funds and ownership clarity are central.	Residency unlocks personal and corporate banking. Pix has changed everyday payments; SWIFT for international flows still requires careful KYC.
Family	Family reunification is supported. International schools are available in Bratislava.	Family reunification is supported on most residency routes. International schools (English-language and Spanish) are available in Panama City.	Family reunification is supported on most routes. International schools (English, German, French, Italian) are available in Istanbul and Ankara.	Family reunification is supported on most routes. International schools (English, German, French, Japanese) are concentrated in São Paulo, Rio, and Brasília.
Risks	Risks Bordercase watches for in Slovakia: Tax residency triggers VAT registration timing for cross-border services Processing variations between districts	Risks Bordercase watches for in Panama: Reputational / de-banking risks for poorly structured offshore-only setups Tax residency analysis for clients with other obligations (CRS / FATCA) Processing delays at Migration UBO reporting is now active	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	Risks Bordercase watches for in Brazil: Tax residency rules and worldwide-income reporting Real-estate restrictions in certain border regions Document apostille + Portuguese translation
Documents	Typical Slovak residency documents: Passport Criminal record certificate Proof of address Health insurance Employment or business documentation Family certificates with apostille and translation	Typical Panama documents: Passport Criminal record certificate (apostilled) Proof of economic tie (employment letter, property deed, or investment evidence) Proof of address Marriage / birth certificates for family All documents apostilled and translated where required.	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.	Typical Brazilian documents: Passport Apostilled foreign documents Proof of income or investment Photographs to specification Brazilian consular application abroad for most routes

Slovakia

Europe

Panama

Central America & Caribbean

Türkiye

Europe

Brazil

Latin America

Overview

Slovakia offers EU residency and corporate structures with a stable regulatory environment and competitive costs. Bordercase coordinates with licensed Slovak partners for filings.

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.

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.

Brazil is the largest Latin American economy with structured residency routes and growing remote-worker visa pathways. Bordercase coordinates with licensed Brazilian partners for filings.

Best for

Founders
EU access
Cost of living

Second residency
USD economy
Asset planning
Holding structures

Citizenship by investment
Cost of living
Regional residency
Families

Latin America hub
Founders
Families
Digital nomads

Currency

EUR

USD

TRY

BRL

Language

Slovak

Spanish

Turkish

Portuguese

Time zone

UTC+1

UTC-5

UTC+3

UTC-3

EU member

Yes

Schengen

Yes

Residency

Slovak residency routes:

Employment-based residence
Start-up visa - innovative businesses
Business / self-employment
Family reunification
EU citizen-derivative routes

Panama residency routes:

Friendly Nations Visa - now requires economic tie (employment, real estate, or investment)
Qualified Investor Visa - qualifying investment thresholds
Pensionado / Retiree Visa - qualifying pension income
Family routes

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

Brazilian residency routes:

Investor visa (VIPER / VITEM) - qualifying investment in a Brazilian business
Digital nomad visa - remote workers
Retirement visa - qualifying pension income
Family reunification
Employer-sponsored work permits

Company setup

S.R.O. (private limited) is the standard entity, with relatively low minimum capital and well-established formation processes. VAT registration depends on activity.

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.

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

Ltda and SA are the standard structures. CNPJ registration, state registrations, and Receita Federal tax registration follow. The MEI regime suits micro-entrepreneurs.

Banking

Resident banking is straightforward; corporate banking varies by activity. Bordercase coordinates introductions for cross-border cases.

Panamanian banking has tightened KYC and source-of-funds requirements. Non-resident applications take time; Bordercase coordinates introductions through current banking partners.

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

Residency unlocks personal and corporate banking. Pix has changed everyday payments; SWIFT for international flows still requires careful KYC.

Family

Family reunification is supported. International schools are available in Bratislava.

Family reunification is supported on most residency routes. International schools (English-language and Spanish) are available in Panama City.

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

Family reunification is supported on most routes. International schools (English, German, French, Japanese) are concentrated in São Paulo, Rio, and Brasília.

Risks

Risks Bordercase watches for in Slovakia:

Tax residency triggers
VAT registration timing for cross-border services
Processing variations between districts

Risks Bordercase watches for in Panama:

Reputational / de-banking risks for poorly structured offshore-only setups
Tax residency analysis for clients with other obligations (CRS / FATCA)
Processing delays at Migration
UBO reporting is now active

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

Risks Bordercase watches for in Brazil:

Tax residency rules and worldwide-income reporting
Real-estate restrictions in certain border regions
Document apostille + Portuguese translation

Documents

Typical Slovak residency documents:

Passport
Criminal record certificate
Proof of address
Health insurance
Employment or business documentation
Family certificates with apostille and translation

Typical Panama documents:

Passport
Criminal record certificate (apostilled)
Proof of economic tie (employment letter, property deed, or investment evidence)
Proof of address
Marriage / birth certificates for family

All documents apostilled and translated where required.

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.

Typical Brazilian documents:

Passport
Apostilled foreign documents
Proof of income or investment
Photographs to specification
Brazilian consular application abroad for most routes