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	Türkiye Europe	Romania Europe	Hong Kong Asia
Overview	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.	Romania is an EU member state with structured residency routes, accessible company formation, and competitive costs for founders and remote professionals. Bordercase coordinates with licensed Romanian partners.	Hong Kong remains an active jurisdiction for company formation, banking introductions, and selected residency routes. Bordercase coordinates with licensed Hong Kong company-services and immigration partners.
Best for	Citizenship by investment Cost of living Regional residency Families	Founders Digital nomads EU access Cost of living	Founders Banking Holding structures English admin
Currency	TRY	RON	HKD
Language	Turkish	Romanian	Cantonese / English
Time zone	UTC+3	UTC+2	UTC+8
EU member	No	Yes	No
Schengen	No	Yes	No
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	Romanian residency routes: Employment-based residence (including the Blue Card) Digital Nomad Visa - remote workers Business / investor routes Family reunification EU citizen-derivative routes	Hong Kong residency routes: General Employment Policy (GEP) Quality Migrant Admission Scheme (QMAS) Top Talent Pass Scheme (TTPS) Capital Investment Entrant Scheme (CIES) - recently revived Dependant routes
Company setup	Limited Şirket (LLC) and AŞ (Joint Stock) are common structures. Notary registration, tax registration, and a tax representative are typically required.	SRL (limited liability) is the standard structure. Formation involves notary and trade registry. Microcompany tax regime may apply for small businesses with eligible activities.	Hong Kong Limited companies are widely used for trading and holding structures. Annual filings, audited accounts, and a company secretary are required. Substance expectations and BEPS-driven changes affect ongoing planning.
Banking	Personal banking for residents is broadly accessible; non-resident corporate banking has tightened. Source-of-funds and ownership clarity are central.	Personal and corporate banking for residents is broadly accessible. Bordercase coordinates introductions for non-standard cross-border structures.	Local banking has tightened materially; some non-resident structures face long onboarding or rejection. EMIs and Singapore / Dubai banking are common alternatives. Bordercase coordinates introductions through current partners.
Family	Family reunification is supported on most routes. International schools (English, German, French, Italian) are available in Istanbul and Ankara.	Family reunification is supported. International schools (English, French, German) are concentrated in Bucharest, Cluj, and Timișoara.	Family relocation is supported on most residency routes. Schools (local, private, ESF, international) are competitive; international school waitlists are real.
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 Romania: Tax residency triggers Microcompany regime eligibility Processing variations between counties Schengen entry / exit rules now apply	Risks Bordercase watches for in Hong Kong: Company-only setups without substance face banking and audit friction Banking has tightened materially Political / policy shifts must be factored into long-horizon planning Annual audit and filing discipline is real
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 Romanian residency documents: Passport Criminal record certificate Proof of address Basis for residence Health insurance Family certificates Apostilled and translated to Romanian.	Typical Hong Kong documents: Passport CV Education certificates Employment history Company documents (where applicable) Family certificates with notarisation

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