Is Hong Kong a "Libertarian Utopia"? In some ways, yes, but it probably isn't what people think of when they see that phrase. But that's the idea here-- to import the models that work elsewhere into a new location and let it grow.

I hope they are successful. If their offering ends up being competitive with the alternatives, we'll locate our startup there (I already have talked it over with my cofounders.)

We're currently engaging in jurisdictional arbitrage to find the best home for us, as we can do what we do from anywhere that has the internet. So, we're choosing from a list of countries based on what kind of environment they will provide us.

The problem so far hasn't been finding a country that is more hospitable than the USA, but in selecting from the dozen or so who are more hospitable, and trying to figure out which one is the most hospitable.

Imagine that-- we're struggling with too many choices for good places to locate our business, all of whom offer at least one key benefit over the USA, and most of whom offer many such.

Many people think the USA is hospitable to business, and assume that there's something shady about what we're doing that we don't just go to the bay area and be done with it. Well, here's our "Crime" in the eyes of the USA: one of our founders is from Britain while the others are from the USA. This means, while we can spend up to 6 months in Britain, and 3 months in the USA, neither country will let all three of us live there to do our startup without a great deal of hassle.

Contrast that with Chile which gave us a year of residency without any more hassle than showing up at a consulate with an application, some passport photos and a fee. We can renew that for another year, and after that first renewal, we could renew it for a final time-- and have permanent residency in Chile!

And chile is a perfectly fine place to run a business. It is a first world country, with a much more pro-business government than the USA. We'd be comfortable staying here and running our business for the next several decades.

So, I hope that Patri and the competitors to his company are all very successful -- lets make honduras one of the competitors. Already we've seen Panama grow dramatically as the best and the brightest fled Venezuela after Chavez took over.... there's still huge opportunity for jurisdictions that offer good terms.

Mobility is only going up over time!