Skip to content
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

LC flagSaint Lucia

Central America & Caribbean

TR flagTürkiye

Europe

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.Saint Lucia is a Caribbean jurisdiction with a Citizenship by Investment programme launched in 2016. Bordercase coordinates with authorised local agents.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.
Best for
  • HNW
  • Stable economy
  • Latin America hub
  • Banking
  • Second passport
  • English admin
  • Caribbean residency
  • Citizenship by investment
  • Cost of living
  • Regional residency
  • Families
CurrencyUYUXCDTRY
LanguageSpanishEnglishTurkish
Time zoneUTC-3UTC-4UTC+3
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

Saint Lucia routes:

  • Citizenship by Investment (CBI) via fund contribution or approved real-estate investment
  • Standard work permits
  • 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
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.

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

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.

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

Family

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

CBI can include qualifying dependents.

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

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 Saint Lucia:

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

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
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 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.

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