From: Randy S (cryofan@mylinuxisp.com)
Date: Fri Jun 20 2003 - 10:49:46 MDT
Randy S <cryofan@mylinuxisp.com> said:
.
>
> I doubt many of you are aware of this, but it is very hard for Americans to
> immigrate (or live for extended periods of time) in Third World COuntries
> (TWCs). For example, you cannot move to India unless you are of Indian
> heritage.
Ironically, antti-mass-immigration enthusiasts are accused of racism, but
this immigration policy of India is de jure (by law) racial discrimination.
> But one major problem is that in order to go and live in a TWC and operate
a
> business, you have to have a LOT of money. For example, the threshold for
> Mexico is something like $250K.
I should emphasize that this monetary restriction is a bureaucratic
restraint, and is written down as law.
>OTherwise, you cannot live there and operate
> a business. Other countries have other restrictions. For example, in the
> Philippines, a foreigner cannot own > 50% of a business.
Actually foreigners cannot own > 49% of a business in the PI.
--Randy
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