Banks rely heavily on correspondent accounts for clearing foreign currencies. Unforunately getting shut out of the U.S. banking system and/or having US-based correspondent accounts frozen is a credible threat.
Setting up an address, corporation and/or server in Vanuatu is one thing. Moving a development team there is another. Like you, I highly suspect the former.
Costa Rica is another prime destination. Shades of Virtual Light? (pun intended)
Many companies are legally incorporated in Panama, Gibraltar, Vanuatu, Nevis, and other locales, but maintain operational centers (call centers, software development, data centers, etc) here in San Jose, Costa Rica. Nearly all the major poker networks have a presence here, along with a few hundred sportsbooks and online casinos.
I think we've more satellite bandwidth to my building that does the whole country of Vanuatu, and that's just for backup if the fiber goes down.
A two-hour flight from Miami, UTC-6 time zone, temperate weather, and a great place to live. WinMX developers should get there buts out of that freezing northern province and come down here, if they didn't go to Vanuatu.
Vanuatu-based Geek (grcumb), I could not figure out how to send you a message thru slashdot. Send me an email to vanuatu{at}{lunacity}{dot}{organization}, interested in Vanuatu-based e-gaming companies.
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Banks rely heavily on correspondent accounts for clearing foreign currencies. Unforunately getting shut out of the U.S. banking system and/or having US-based correspondent accounts frozen is a credible threat.
Setting up an address, corporation and/or server in Vanuatu is one thing. Moving a development team there is another. Like you, I highly suspect the former.
Costa Rica is another prime destination. Shades of Virtual Light? (pun intended)
Many companies are legally incorporated in Panama, Gibraltar, Vanuatu, Nevis, and other locales, but maintain operational centers (call centers, software development, data centers, etc) here in San Jose, Costa Rica. Nearly all the major poker networks have a presence here, along with a few hundred sportsbooks and online casinos.
I think we've more satellite bandwidth to my building that does the whole country of Vanuatu, and that's just for backup if the fiber goes down.
A two-hour flight from Miami, UTC-6 time zone, temperate weather, and a great place to live. WinMX developers should get there buts out of that freezing northern province and come down here, if they didn't go to Vanuatu.
Vanuatu-based Geek (grcumb), I could not figure out how to send you a message thru slashdot. Send me an email to vanuatu{at}{lunacity}{dot}{organization}, interested in Vanuatu-based e-gaming companies.