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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.

 UY flagUruguay

Latin America

GD flagGrenada

Central America & Caribbean

KY flagCayman Islands

Central America & Caribbean

OverviewUruguay 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.Grenada is a Caribbean jurisdiction with a Citizenship by Investment programme that uniquely supports US E-2 treaty access. Bordercase coordinates with authorised local agents.The Cayman Islands is an established offshore financial centre and a long-standing jurisdiction for fund, family-office, and holding structures. Bordercase coordinates with licensed Caymanian partners.
Best for
  • HNW
  • Stable economy
  • Latin America hub
  • Banking
  • Second passport
  • US E-2 access
  • English admin
  • Funds
  • Holding structures
  • HNW
  • English admin
CurrencyUYUXCDKYD
LanguageSpanishEnglishEnglish
Time zoneUTC-3UTC-4UTC-5
EU memberNoNoNo
SchengenNoNoNo
Residency

Uruguayan residency routes:

  • Standard residency - proof of income / qualifying activity
  • Investor route
  • Retirement / pensioner route
  • MERCOSUR fast-track for member-state nationals
  • Family reunification

Grenada routes:

  • Citizenship by Investment (CBI) via fund contribution or qualifying real-estate investment
  • Standard work permits
  • Family routes

Cayman Islands residency routes:

  • Certificate of Permanent Residence for Persons of Independent Means - qualifying investment
  • Residency Certificate (Substantial Business Presence) - operating a qualifying business
  • Work permits for employer-sponsored roles
  • Family routes
Company setup

SAS and SA are common structures. DGI tax registration and BPS social-security registration follow.

Domestic companies and IBCs are common in international structures.

Exempted Companies, LLCs, and partnerships are widely used in fund and holding structures. Economic substance rules apply to relevant activities.

Banking

Residency unlocks personal banking. Uruguay has historically been a HNW banking destination in the region; standards have tightened materially.

Banking is selective. Bordercase coordinates banking introductions through current partners.

Banking is mature but selective. Source-of-funds documentation is central. Bordercase coordinates introductions through current partners.

Family

Family reunification is supported. Schools (public, private, bilingual, international) are concentrated in Montevideo and Punta del Este.

CBI can include qualifying dependents.

Family inclusion is supported on most residency routes. International schools are concentrated on Grand Cayman.

Risks

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 Grenada:

  • Programme parameters change
  • Due diligence has tightened
  • Reputational and revocation risks if information is misrepresented

Risks Bordercase watches for in the Cayman Islands:

  • Economic substance reporting and audit
  • Reputational handling around offshore structures
  • KYC tightening across the industry
Documents

Typical Uruguayan documents:

  • Passport
  • Apostilled foreign documents
  • Proof of income or investment
  • Health insurance
  • Spanish translations where required

Typical CBI documents:

  • Passport
  • Due diligence questionnaires
  • Source-of-funds evidence (extensive)
  • Family certificates with apostille and translation

Typical Cayman documents:

  • Passport
  • Source-of-funds evidence
  • Health and police clearances
  • Apostilled foreign documents
  • Family certificates for dependents

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