Belize, the next Silicon Valley?

[daeken_eulogy]

I've been a proponent of Belize as a corporate tax haven for a while, due to the fact that you pay no taxes on foreign income, but it wasn't until recently that I started looking at it for residence.  What I found was the following (all figures are in USD):

• Personal income tax is capped at 25% and doesn't apply to dividends from companies (meaning

Comments

[anonymous]

Your phone bill back to the US will be sky high. (Skype and Vonage are jammed by Belize Telecom).

[daeken_eulogy]

Hmm, I hadn't considered telephones. Are there any decent carriers?

On a sidenote, I think that a decent telecom company needs to spring up in Belize, but the country is so small and relatively poor, it'd be tough to make it work. Maybe a large number of startups (and eventually, established tech companies) could shift the balance and make it possible.

[puellavulnerata]

That's what routing everything through an OpenVPN tunnel is for. :)

[anonymous]

Unless they block VPNs.

http://bfic.wordpress.com/2009/03/09/belize-btl-block-vpns/

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[anonymous]

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