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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.

 GB flagUnited Kingdom

Europe

MX flagMexico

North America

PA flagPanama

Central America & Caribbean

OverviewThe United Kingdom is a major global jurisdiction with structured (and competitive) residency, business, and skilled-worker routes. Bordercase coordinates with licensed UK partners for filings.Mexico is a large North American economy with established routes for residency, growing remote-worker visa programs, and a strong fit for founders building toward Latin American customers. Bordercase coordinates with licensed Mexican 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.
Best for
  • Founders
  • Skilled workers
  • Global hub
  • Banking
  • English admin
  • Founders
  • Families
  • Latin America hub
  • Cost of living
  • Second residency
  • USD economy
  • Asset planning
  • Holding structures
CurrencyGBPMXNUSD
LanguageEnglishSpanishSpanish
Time zoneUTC+0UTC-6UTC-5
EU memberNoNoNo
SchengenNoNoNo
Residency

UK residency routes:

  • Skilled Worker visa - employer-sponsored
  • Innovator Founder visa - for endorsed founders
  • Global Talent visa - for endorsed experts
  • Self-Sponsorship via own company (with substance)
  • Family routes - spouse / partner / dependents
  • Ancestry visa for eligible Commonwealth nationals

Mexican residency routes:

  • Temporary resident visa - via investment, employment, or qualifying income
  • Permanent resident visa - via qualifying assets, retirement income, or after 4 years of temporary residency
  • Family unity routes - for spouse and dependents of permanent residents / citizens
  • Student visa

Permanent residency unlocks indefinite stay with work authorisation.

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

UK Limited companies are widely used internationally. HMRC corporation tax, VAT thresholds, and PSC (people with significant control) reporting apply. Substance expectations have tightened.

SA de CV (Sociedad Anónima) and S de RL de CV are the standard private entity types. Formation involves a notary, RFC (tax registration), and IMSS where staff are involved. Mexican tax residency is triggered by primary home and centre of economic interests.

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

Resident banking is mature but onboarding is slow for non-residents. Many international founders use UK EMIs (Revolut, Monzo Business, etc.) alongside high-street accounts. Bordercase coordinates introductions for cross-border cases.

Resident personal banking is broadly accessible; corporate banking depends on activity and structure. Source of funds and ownership clarity are central. 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.

Family

Family reunification is supported. Schools (state, private, international) are widely available; competition for top schools is real.

Family reunification is supported on most residency routes. International schools (English, German, French, Japanese) are widely available in major cities; bilingual public and private schools are common.

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 the UK:

  • Tax residency triggers (Statutory Residence Test)
  • Sole-rep / Innovator endorsement standards have tightened
  • Brexit-era operational variation between UK and EU services
  • Sponsorship Compliance for licensed sponsors

Risks Bordercase watches for in Mexico:

  • Centre-of-economic-interests test for tax residency
  • Real-estate restrictions in the "restricted zone" (50 km from coast, 100 km from borders) - fideicomiso or Mexican company structure needed
  • Income thresholds for temporary / permanent routes change with minimum wage indexation
  • Late-stage RFC and CURP registrations

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 UK documents:

  • Passport
  • Certificate of Sponsorship (for sponsored routes)
  • TB test (for certain nationalities)
  • Maintenance funds evidence
  • Apostilled / certified documents for family routes

Typical Mexican documents:

  • Passport
  • Apostilled foreign documents (birth, marriage, criminal record)
  • Proof of income or qualifying assets
  • Photographs to specification
  • Mexican consular application abroad for most routes

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.