Citizenship is Your Choice

You had no control over where you were born. As an adult, you have every right to determine your citizenship. You formed your company in some country. You have every right to move it to whatever country best services your needs. If you intend to operate a Global Business as an International Citizen, you should do both.

I favor Belize for your corporate jurisdiction. Taxes are extremely low on non-Belize business income. I favor Canada as a better citizenship location. You must make an investment in Canada to become a citizen. You must live in Canada for three years. Currently, nobody in world is upset with Canadians. The Canadian offer is worth considering for most business people.

Citizenship and Taxation

I know a Canadian attorney, who can secure Landed Immigrant Status for most families whose members lack criminal records and are HIV negative. Canada offers a five-year tax holiday for new citizens. So, you won't be taxed during period that you must reside in Canada to obtain your citizenship.

Canada doesn't tax its nationals who are not living in Canada. You can avoid income taxes by leaving Canada with your new Canadian passport and living in any country that doesn't tax foreign-source income. Few countries tax foreign-source income of their non-citizen residents. So, you can live almost anywhere probably including your country of birth.

A global vision requires that you use a major world currency. You must seek lowest legal tax rates on your income and that of your company. You should consider adjusting your citizenship to one that is more in tune with your international reality.

To contact author: Visit Beowulf Investments website: [http://home.earthlink.net/~beowulfinvestments/] Or, visit Global Village Investment Club Website: [http://home.earthlink.net/~beowulfinvestments/globalvillageinvestmentclubwelcome/]

There is more than one patent office in World. There are at least two websites that offer anyone chance to do a net search for patents. Taking an hour and using these resources can save a company millions of dollars.

Bankruptcy Technology

As DotCom Bubble Burst proves, most High Tech companies spending scare resources on R&D go broke. It's worth time and effort to see who has filed for bankruptcy. If they have nearly developed technology your firm needs, it will cost you pennies on dollar to own it.

Competitor's Technology

Let your competitor spend money for R&D. If they succeed in developing it, buy their company.

The SLAC Paradox

My mantra of Do An Extensive Literature Search Before R&D appeals to High Tech Company CFOs. The company's engineers usually oppose it. This conflict tends to create what I call SLAC Paradox. When U.S. Dept. of Energy (DOE) offered funding to Stanford University for a Linear Accelerator, Government wanted to spend least possible amount of money for High Tech project. An abandoned mine was found in Washington State that exactly met technical requirements for project. Using Washington State mine would have saved DOE nearly 90% of costs of developing Linear Accelerator. None of Stanford Physicists wanted to move to Washington State. The Physicists developed a complex set of invalid technical arguments against Washington Mine and DOE paid tenfold to build Stanford Linear Accelerator Complex (SLAC) on Stanford campus in California.

Sales Not Research is Goal of Business

The question is not will a literature search result in finding best technology in world. The question is will this low cost technology that was found in a literature search meet our needs and allow us to sell our new product? If answer is "yes," use low cost technology. Forget R&D.

To contact author: Visit Beowulf Investments website: [http://home.earthlink.net/~beowulfinvestments/] Or, visit Global Village Investment Club Website: [http://home.earthlink.net/~beowulfinvestments/globalvillageinvestmentclubwelcome/]