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So is there any real downside to what you mentioned, just incorporating in the US and living somewhere cheap? That's something I had been wanting to ask about,
by cgag 15y ago
So is there any real downside to what you mentioned, just incorporating in the US and living somewhere cheap? That's something I had been wanting to ask about, since I'm surprised I haven't heard anything on here about people doing it. If you're bootstrapping a company, why not live somewhere you can survive on hundreds a month?
- philiphodgen 15y agoNo downside that I can think of. If you are living below the radar in another country you are fine. If you are visible you probably need a company there for all sorts of local reasons.
- cmadan 15y agoThe only potential downside I can see is visa issues. Countries such as India have layers of bureaucracy so it might to awhile to get a visa (even a tourist one) or especially, renew it. Background - I'm an Indian citizen. I went to graduate school in USA and worked for a year. I moved back to India because I am bootstrapping my startup out of my savings and have a much longer runaway living in India.
- pajju 15y agoWhat's your startup and where are you guys located? Your HN profile is blank!