Oddbean new post about login | logout Well, Uruguay is a country where gay couples can protect their marihuana fields with guns. It's pretty much the most liberal country in the south and highly ranked in the world. Funny part is that a lot of stuff didn't even have to be decriminalized, as they never criminalized it in the 1st place. That being said, price wise it is actually quite expensive place to live (with relatively shit services for that price), esp if you want to be in Montevideo, and there are some caveats to being resident - very high property tax being one of them.
And strong banking secrecy laws and bearer share corporations. It used to have stronger financial privacy protections but the US and IMF kept pressuring the government to remove those rules. And drugs, abortion, and guns are legal. The latter is regulated. Oh and if you work in tech and your income is from overseas you don’t pay taxes. The idea is you’re bringing money in to the economy in a clean way.
That's pretty much the formula - you need tax free foreign income to offset for local taxes you can't avoid. Optimally, you have it from an US LLC or equivalent structure, so it is not taxed at source. Worst thing you can do planning wise, is to be employed (could end sentence here really ^^;) in EU or some other socialist country and live in Uruguay. For US passport holders, this will not be optimal either as they will be liable to Uncle Sam worldwide, but I guess it still beats staying "home".
> Funny part is that a lot of stuff didn't even have to be decriminalized, as they never criminalized it in the 1st plac that sounds perfect imo, the state doesn't need to get involved in a lot of things in the first place a lot of progressives in Europe (maybe the US too) imo make the mistake of also wanting the government to pay for everything, which creates an eternal political fight and means that everything needs to be regulated with laws to prevent abuse of the system, creates endless bureaucratic gatekeeping, waiting lists, and so on