When all you have left to sell is freedom

Juan @ the Mises Forums posted up a link from a site I have visited through some other sources before.

It’s a list of obscure tax havens.  When I first looked through it, Nevis caught my eye (it’s near the beginning of the article).  A new habit of mine, when considering any country as a destination, is to head over to NoState.com’s Renunciant Resource page, to check the viability of surrendering citizenship and/or gaining stateless status in that country.

Unfortunately, Nevis doesn’t pass the renunciant test, however I did also visit it’s Wikipedia page, to find out that like most small countries so-called “financial services” are a growth area, and a leading sector of the economy.  Financial services is a creative way of saying that these countries attract capital by offering financial freedom, either with tax sheltering, low taxes, no taxes, creative incorporation schemes etc.

A small joint like Nevis doesn’t need an imperial army, or massive redistributive schemes.  There aren’t thousands of miles of highway to maintain.  The obscure tax haven article makes mention that one might be able to purchase citizenship quickly.

Sounds like my kinda place.

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