That is why I said "on paper" Belize is the best. I heard that there was a lot of subterfuge they didn't like so they aren't being so friendly. It is no wonder now all the Belize books deal with banks in Europe and Panama, something most did from early on. There is a world of difference from the regime you set up and the one that operates in practice. From the start I could see the problem with Belize is that there is just too much poverty and corruption there to be the best for long. I truly think when they first started out they were the best and got some incredibly good advice on how to run things, but good things never last. That is my caution though, what you read, what you heard a year ago and even what you see now...it all may be nothing like that two years from now. Most of the people in the business fully realize this, but it is good not to forget this lesson.
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR> From the start I could see the problem with Belize is that there is just too much poverty and corruption there to be the best for long.<HR></BLOCKQUOTE>
so true......the minute politicians/people see a higher amount of money that whatever the normal business are they get greedy...............................
so true......the minute politicians/people see a higher amount of money that whatever the normal business are they get greedy...............................
I could live there easily. Some of the best diving in the world, cheap beer, brown women, no people, and half the price of Costa Rica......... Whats not to love?
I know its hard for people to get away from big city living but I recently did it 8 months ago and I do not miss a thing. It actually sucks when I have to go back to San Jose for stuff. I thought everyone left that project in Belize already. Are there still books on that compound in the middle of nowhere?
FI
The Movimiento Libertario blocked president Abel Pacheco's (2002-2006) tax plan that included global taxation.
Long live Otto Guevara!
President Oscar Arias' (2006-present) primary platform is to get CAFTA (TLC) passed. He relies totally on the 100% support of Movimiento Libertario legislative members to do this, so he won't even try a new tax plan until all CAFTA-related legislation is passed.
I'd hope that ML negotiated their support of Arias to require no new progressive tax plans, but given ML and Guevara openly supported CAFTA during the election, that may not be true.
There are many more operations in Panama now, and I'm also now certain there aren't software limitations (IQL is dead and gone), so I'd suspect there'd be a rush for the southern border if global taxes passed. Cost centers (e.g. call centers) could still be based and operated here, but parent corporations (profit centers) would need to be elsewhere.
Costa Rica has a territorial tax system. There are no global taxes (proposal was defeated). All income from foreign sources, even if "earned" in Costa Rica, is exempt from taxation.
Direct taxation consists of a tax on salaries, and a tax on business revenue from Costa Rican sources. Then, other than relatively low taxes on real property and transfer of real property (real estate, autos, boats), the majority of taxation is consumption taxes (import tariffs and sales taxes). There is no capital gains taxes, no taxes on foreign-source income, no taxes on interest or dividends.
Online gambling winnings would not be taxed in Costa Rica.
Other countries with territorial tax systems include Panama and Hong Kong.
Panama is perfect. USD currency, built on private banking, countryside as well as big city living. However, gaming is still under the radar there and it is yet to be seen if you would have a cooperating gov behind you.
Forget Dominica...banking would be near impossible as anything over 1k would make you stand out like a sore thumb and the gov has abolished their egaming stance some time ago.
If your company is cool with separate financial centers.....try SEALAND (for hosting only).
and for god sakes, why does anyone need a call center these days?
Forget Dominica...banking would be near impossible as anything over 1k would make you stand out like a sore thumb and the gov has abolished their egaming stance some time ago.
If your company is cool with separate financial centers.....try SEALAND (for hosting only).
and for god sakes, why does anyone need a call center these days?
I didnt know Sealand was back online, the problem I have with them is mainly technical, do they have redundancy in terms of connectivity and/or technical expertise on site and well, if they got back online I hope they got a few firefighters on site too
"On the afternoon of 23 June 2006, the top platform of the Roughs Tower caught fire due to an electrical failure. An RAF rescue helicopter transferred one person to Ipswich hospital, directly from the tower. The Harwich lifeboat stood by the Roughs Tower until a local fire tug extinguished the fire.<SUP class=reference id=_ref-13>[16]</SUP> All damages were repaired by November 2006.<SUP class=reference id=_ref-14>[17]"</SUP>
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Sealand....no idea. (Was a quasi joke really)
I actually went to school with one of the first partners of that venture. I haven't looked at them in ages. No need really.
With no disrespect to anyone in this thread, but I think you are concentrating too hard on developing an "unnecessary" infrastructure. Too many operators are "seeking kingdoms to build empires". Those days are gone. It's more of a lean, low maintenance environment now. Hell, I still get 4-5 guys a week still trying to develop their own software....then when I inquire about their traffic....they have none. Many unrealistic minds still out there.
Out-source as much as possible. Look into virtual offices, not brick/mortar. A shop owner should be focused 100% on marketing and creating players, not keeping his phone lines and servers up and running.
I actually went to school with one of the first partners of that venture. I haven't looked at them in ages. No need really.
With no disrespect to anyone in this thread, but I think you are concentrating too hard on developing an "unnecessary" infrastructure. Too many operators are "seeking kingdoms to build empires". Those days are gone. It's more of a lean, low maintenance environment now. Hell, I still get 4-5 guys a week still trying to develop their own software....then when I inquire about their traffic....they have none. Many unrealistic minds still out there.
Out-source as much as possible. Look into virtual offices, not brick/mortar. A shop owner should be focused 100% on marketing and creating players, not keeping his phone lines and servers up and running.
the problem with outsourcing is security, most people want to keep very very tight control on their customer's info
of course that you can get screwed by your own employees (and we know that happens a lot) but most people wouldnt like to have their customers info being handled by 3rd parties and therefore try to do as much 'in house'
but I hear you loud and clear about 'unrealistic expectations', that happens in marketing (and IT/accounting etc) too all the time, they hire this 'big guns' from the US/Europe etc that are suposed to be the 'know it all/master of everything/guru' and in the end its nothing but a few months wasted .......and a few tens of thousands of dollars to the garbage, I have seen a few companies that simply use a 3rd party software while the wages of their IT department are as large (or larger) that companies that actually do DEVELOPMENT
all these mistakes translate into the many gaming 'ventures' that end up pretty bad....
of course that you can get screwed by your own employees (and we know that happens a lot) but most people wouldnt like to have their customers info being handled by 3rd parties and therefore try to do as much 'in house'
but I hear you loud and clear about 'unrealistic expectations', that happens in marketing (and IT/accounting etc) too all the time, they hire this 'big guns' from the US/Europe etc that are suposed to be the 'know it all/master of everything/guru' and in the end its nothing but a few months wasted .......and a few tens of thousands of dollars to the garbage, I have seen a few companies that simply use a 3rd party software while the wages of their IT department are as large (or larger) that companies that actually do DEVELOPMENT
all these mistakes translate into the many gaming 'ventures' that end up pretty bad....
