3 ms·
This looks like material for a political campaign (we are doing tech stuff!) with the benefit of making money at consulting/building stuff at tax payer expense.
by csomar 6y ago
This looks like material for a political campaign (we are doing tech stuff!) with the benefit of making money at consulting/building stuff at tax payer expense.
There are several pain points for people who want a remote, independent and flexible setup.
1- Residency: Visas and residency are a big headache. Almost every country makes it difficult to move there, and also unpredictable.
2- Passports: People moving from disadvantaged countries (poor) are often for the look out for an alternative passport.
3- Low taxation: Preferably close to 0 with direct taxation for infrastructure.
4- Online Infrastructure: Can you make a company online? Is English available? Are there services that make companies, take care of accounting online?
5- Banking: Can I open a bank account? A merchant account? Online options for banking.
As it stands, this program (or private city) provides nooone of that. It is just a 3.560 pages[+] of Spanish (or Portuguese?) that probably have nothing to do with your business or professional/life situation.
[+]: http://pac.hn/wp-content/uploads/2020/10/Prospera-Legal-Code-TOC-v11.10-Compressed-Protected.pdf http://pac.hn/wp-content/uploads/2020/10/Prospera-Legal-Code...
- simtel20 6y agoIt's definitely english and spanish based on a spot check. But 3000+ pages... Wow
- atlasunshrugged 6y agoIf you mean material for a political campaign for a national Honduran party, I don't think so. They've been involved in charter city stuff basically since Romer posited the idea years and years ago. On basically all the other points I agree, I really wish they were solving for residency/passports which are a nontrivial component of choosing where to live (especially for a long time). I pinged them about residency and citizenship options for people in Prospera some days ago and the answer was essentially that they're looking into it. Other countries have citizenship by investment programs (which I know have some ethical implications but at least provide clarity on legal pathways to becoming enfranchised in domestic politics).
- IG_Semmelweiss 6y agoyou could solve for 1 and 2 , via some kind of airport or helipad, or even a port. I would think that would be far easier than a VISA / RESIDENCY rule change. Those things are usually deeply interwebed with the bureaucracy, and there's bound to be someone dissatisfied with a "special people" not subjected to the red tape everyone else is subject to.