250+ ESW Patreon Posts

Welcome to our 251st Patreon post. Folks, it's been a heckuva weekend for the Trump Administration. On Friday, they had a little White House press conference with Volodymyr Zelensky that some of ya'll might have heard about, and on Sunday night the United States Department of the Treasury made a huge announcement.

Above image the avatar of ESW CEO VJ Varghese, V the Guerrilla Economist checking out the new ExitStrategyWorld.com site from his smartphone while wearing a cream-colored suit in Abu Dhabi was created using OpenAI Art

The Administration will suspend enforcement of the Corporate Transparency Act (CTA), meaning no more requirement to duplicate existing State LLC paperwork for the federal government by reporting Beneficial Owner(s) of small businesses to FINCEN, on pain of fines and possible jail time for non-compliance. After months of legal challenges including by the NSBA on behalf of ESW and thousands of other small businesses who contended that the CTA is unconstitutionally asserting a federal prerogative over registering businesses that is a power delegated to the states (10th Amendment), this is a huge victory. It will also bring some relief to business owner inboxes that have been flooded with companies sending us reminders and offers to help us file this paperwork. A full repeal of this obnoxious legislation can happen in this upcoming session of a Republican-led Congress in which FINCEN itself should also come under lawmaker scrutiny.

Image credit above: Taking a chainsaw to the bureaucratic red tape

Uploaded to iStock by cglade November 2009 iStock photo ID: 108315636

Together with President Trump's announced $5 million Golden Visa USA overhaul of the EB5 program, plus the creation of a National Crypto (BTC) Reserve, these moves can strengthen the USA's position as a massive destination for foreign capital. But there's still the 2010 FATCA law, passed at the height of the (previous) Global Financial Crisis (GFC) as a form of soft capital controls discouraging Americans from taking their money abroad, because few overseas banks want to deal with Americans and compliance with this law. FATCA imposed the onerous (from offshore bankers perspective) requirement that all foreign banks report any US citizens or legal permanent residents on their books to Uncle Sam. FATCA is one of the many reasons our CEO and founder VJ Varghese created Royal Amparo DMCC to combine crypto liquidity with the power of gold vaulting offshore for his clients.

That being said, even if this country becomes more open for business and selective reindustrialization, 100s of thousands, perhaps even a few million people in the United States will still wish to leave the USA and live somewhere else, for reasons as varied as their disdain for the current Administration to seeking more affordable housing and health care in retirement. And our team is well aware that only a relatively small percentage of folks will seek out the services of a company like ours to make their move. Which is why we've published so much free content about moving to Argentina, Egypt, Mexico, El Salvador, the UAE, Oman, Russia and Venezuela on this Patreon, and we will have it on our new and improved website. It's also why we are creating our online subscription communities for paid resources about life and entrepreneurship abroad.

Besides the CTA announcement, something else happened this weekend--ESW hit 250 Patreon posts. If we consider October 1st, 2023 the start date for moving to Patreon from Ghost.io, then it's been 518 days, which means we've been publishing nearly one article or video/interview post every other day for 17 months. That's a lot of content! Now our Bulgaria-based dev team is bringing the Patreon content over to our own platforms. Over the coming six to eight weeks of spring, as we continue to develop the ESW app, we'll be launching ExitStrategyWorld.com.

The world-famous Roman/Byzantine amphitheater in Plovdiv (photo by iStock), where a member of ESW's dev team lives. Watch this space for more news about ESW assisting our clients with Bulgaria's Golden Visa program soon!

This site will combine the offers you see at the original ExitStrategy.World site with a client portal interface to securely upload your information and documents directly to our corporate database for faster processing--a key desktop feature that will be mobile-enabled on the forthcoming app. You'll also find at the new ExitStrategyWorld.com the content which you know and love on this Patreon. ExitStrategyWorld.com will also feature articles and videos from our CEO's old site, RogueNews.com. "Rogue" as we've previously announced here has been merged into and has reached its final dispensation of RogueNewsESW or just RogueESW, a brand within our family of ESW and related brands, including RoyalAmparo DMCC and AlgoFactory.tech.

Finally, as many of you have noticed over the last few months much of our content has originated with our Eurasia Editor Stanislav Krapivnik and MENA Editor Ahmed Giza. Profiles for both will be featured on the Team section of the new site, but the new site will have more content from the Western Hemisphere, including interviews with expat and offshoring entrepreneurs based in the Americas. This change in focus starts with me interviewing ESW's Southern Cone Writer, David Segal. We are also lining up interviews with The Jerz, a friend of our previous interviewee the Economic Club of Miami's director Francisco Gonzalez.

Due to the links in each Patreon article, we plan to leave the Patreon up for several months. But new posting will cease here at some point in the next two months once ExitStrategyWorld.com is fully live and kicking.