Coming soon - Get a detailed view of why an account is flagged as spam!
view details
9
So What the Heck is OTHER? We need to figure this out and get a decision.
Post Body

So OTHER is obviously, from the other threads here, very important to a lot of people but it has no definition so there for, not really any help in making a decision on an island location.

SO

We need to eliminate OTHER.

There is a lot of information in the business plan under the Island Analysis that goes into many many countries and why they don't work. However, people still suggest these countries. So if a country has 50% taxes, requires $100,000 to start a business and requires up to $50,000 just to get a permanent residency visa, how is that even an option? So please consider the work that has gone into evaluating countries and what makes a country a viable candidate for immigration.

Having said that I want to open the floor for what OTHER is. There are minimum requirements for what island country we can even consider such as;

  • Islands larger than 500 acres
  • flexible immigration laws
  • friendly business environment
  • acceptance of foreign investment
  • availability of resources ( water, food, vegetation, building material, etc)
  • affordability ( less than $7,500 per acre)
  • other minor concerns like healthcare, taxation, shipping, travel, etc.

With this list, many countries are ruled out. Like Panama. Its foreign investment friendly but business formation is a disaster and immigration is next to impossible unless you are retirement age. Cost is a big thing. Most islands in the Caribbean are WAY WAY too expensive. Thailand is way too expensive. Other countries just don't have islands any where close to 500 acres or larger like the Maldives, Kiribati, and Belize.

So there is a VERY limited choice... These are the only countries that have any remote possibility:

  • Philippines
  • New Caledonia
  • French Polynesia
  • Brazil
  • Greece
  • Bahamas are a stretch because of cost, but....
  • Vietnam

So Please, take a moment and decide if one of these countries is what you mean by OTHER. Don't choose a different one. We will explain what the pros and cons are of the countries people seem to be choosing and then people can re-evaluate their answers.

There are roughly 20 - 30 answers on the survey related to OTHER so lets see those 20 - 30 responses.

Author
Account Strength
100%
Account Age
14 years
Verified Email
Yes
Verified Flair
No
Total Karma
16,339
Link Karma
6,192
Comment Karma
10,147
Profile updated: 5 days ago
Posts updated: 8 months ago

Subreddit

Post Details

We try to extract some basic information from the post title. This is not always successful or accurate, please use your best judgement and compare these values to the post title and body for confirmation.
Posted
12 years ago