Aug '23 in General discussion
0% Tax Digital Residency in Palau For $248
Palau just opened up a digital residency program which I'm applying to.
- You get the ID in a matter of weeks in a 0% tax jurisdiction
- You can stay in Palau around 210 days per year visa free
- You can use the ID to open up crypto accounts and use it as KYC on many platforms.
-You'll have access to open a 0% tax company once they launch it as an ID holder
- You also get a physical mailing address
- Never have to visit the island, all online, unless you want to of course, it is an extremely popular holiday destination for the Chinese
- Palau is also 100% protected by the USA military and uses the US dollar while being an independent country.
- Direct flights from Singapore will come at some point hopefully
- Super friendly and responsive government, you can actually speak to them and get questions answered
- Only costs $248/year
I recommend reading through their website thoroughly and verifying all the information you need to know before making a decision, the above is just from what I've learned so far.
You can see all the info here: https://rns.id/
This interview also provides a lot of good information: https://www.youtube.com/watch?v=gDCOJt0NPik
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0% Tax Digital Residency in Palau For $248
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