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by dakics 3289 days ago
"people who just have a lot of money and want to live in the country"

What exactly is big problem with this?

Not speaking about becoming tax-resident of Monaco or similar, but your example or an EU country where you can open LLC and set up your own business and sort out residency paperwork in couple of years, for about that sum (5-figure USD/EUR) at the end benefits to the country budget and society.

Speaking from personal experience, and let me tell you we make sure we perform 100% of what government expects from us and pay everything that's due.

Also, in case of IT and startups, I feel it creates "cleaner" work environment and more positive and prospective work force than some other businesses (real-estate, natural resources, etc.)