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Bordercase

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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.

 TR flagTürkiye

Europe

MU flagMauritius

Africa

PA flagPanama

Central America & Caribbean

OverviewTürkiye 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.Mauritius is a stable jurisdiction with structured residency and corporate routes, often combined for international families and founders. Bordercase coordinates with licensed Mauritian partners.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.
Best for
  • Citizenship by investment
  • Cost of living
  • Regional residency
  • Families
  • Founders
  • Banking
  • Trust
  • HNW
  • English admin
  • Second residency
  • USD economy
  • Asset planning
  • Holding structures
CurrencyTRYMURUSD
LanguageTurkishEnglish / FrenchSpanish
Time zoneUTC+3UTC+4UTC-5
EU memberNoNoNo
SchengenNoNoNo
Residency

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

Mauritius residency routes:

  • Premium Visa - remote work
  • Occupation Permit - investor / professional / self-employed
  • Residence Permit by property purchase - within approved schemes
  • Family 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
Company setup

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

GBC (Global Business Company) and Domestic Companies are the standard structures. Substance requirements following OECD reforms must be considered; the GBC framework has evolved materially.

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.

Banking

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

Local banks support resident and corporate accounts; KYC and source-of-funds requirements are real. Bordercase coordinates banking introductions.

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

Family

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

Family inclusion is supported. International schools are available in major regions.

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

Risks

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 Mauritius:

  • Substance reform impacts on Global Business Companies
  • FATCA / CRS reporting on related accounts
  • Mauritian residency vs physical-presence-based tax residence elsewhere
  • Banking introductions vary by activity

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
Documents

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 Mauritius documents:

  • Passport
  • Criminal record certificate
  • Proof of income / investment
  • Health insurance
  • Accommodation evidence
  • Marriage / birth certificates for family

Apostille where required.

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.

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