Re:Ask HN: Questions about running a company from a cheap co...
by cgag on Sunday April 22, 2012 @12:04AM
(#3873894)
So is there any real downside to what you mentioned, just incorporating in the US and living somewhere cheap? That's something I had been wanting to ask about, since I'm surprised I haven't heard anything on here about people doing it. If you're bootstrapping a company, why not live somewhere you can survive on hundreds a month?
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Re:Ask HN: Questions about running a company from a cheap co...
by philiphodgen on Sunday April 22, 2012 @12:12AM
(#3873921)
No downside that I can think of. If you are living below the radar in another country you are fine. If you are visible you probably need a company there for all sorts of local reasons.
Re:Ask HN: Questions about running a company from a cheap co...
by cmadan on Sunday April 22, 2012 @01:40AM
(#3874087)
The only potential downside I can see is visa issues. Countries such as India have layers of bureaucracy so it might to awhile to get a visa (even a tourist one) or especially, renew it.
Background - I'm an Indian citizen. I went to graduate school in USA and worked for a year. I moved back to India because I am bootstrapping my startup out of my savings and have a much longer runaway living in India.