🇵🇼 PALAU Digital Residency: Everything you need to know about w/ Jay Anson
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In this video Miquel Gironès tells you everything you need to know about Palau’s Digital Residency Program.

Who needs it, The Benefits and more…

💼 Summary:

Who is it for?

- Remote workers, Digital Entrepreneurs and Online business owners
- Those that want a separate ID for KYC checks, Online Banking, Airbnb and Crypto Exchanges
- Or those that want to enjoy Palau’s beautiful Islands for up to 270 days / year without a Visa or Work Permit and without paying taxes

Does it lead to Citizenship thus a Passport?

- No, but there’s already a variety of Perks that come with it - and the Government is actively working on making it more appealing

Spending time in Palau:

- Most foreigners can spend up to 90 days in Palau Visa-free, However as a Digital Resident you can extend your stay by 183 days equaling to 273 days/year for most people
Without a Visa/Work Permit and Without Paying Taxes

Why get it?

- Getting an equivalent ID from another nation would take months of paperwork, travel, and may cost hundreds of thousands of dollars.
- Not to mention any taxes they may impose. This solution is way more affordable than almost all other country’s ID programs.

Use & Perks:

- KYC on exchanges
- 0% income tax, 0% capital gains
- Open Bank accounts
- ID for hotel check-ins, registrations, memberships, reservations, etc
- Flat-fee, no appointments, takes 8 minutes
- Physical Mailing Address
-Proof of Address
- 6+ months of residing in Palau

Importance of Diversifying:

- While Palau’s ID may not stop prosecutors from finding you if you commit a serious crime…
- It can certainly work as a Shield between You (Your Original ID) and your Assets
- It can also reduce the Damage Done to you in case of Data Leaks we so often hear about…

Application Process:

- 100% Online
- Takes 8 minutes in total
- AML checks
- Basic Info
- Valid ID - ID Card, Passport, Driving license or Resident permit
- Photo of yourself with White Background (can be edited)

Where to Apply?

- RNS.ID

Timeline:

- Once you Applied there’s a 3 day Review Period
- Followed by a 7 day Printing Period
- Then depending on where you live a 7-14 day Shipping Period (they’ll send a tracking code)
- Miquel Gironès got his delivered to Spain in 10 days
- The ID Cards are Shipped Anywhere in the World except Iran and North Korea

About Palau:

- Palau is a Gorgeous Country in the Pacific Ocean
- It’s remote location makes it the Perfect place to be in time os Chaos

Is Palau safe?

- Palau is very Safe

Pricing of Palau’s Digital Residency Program:

- 1 year Residency: $248
- 5 year Residency: $ 1,039
- 10 year Residency: $2,039

Want even more details?

Watch this Podcast 👇🏽

🇵🇼 PALAU Digital Residency: Everything you need to know about w/ Jay Anson
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Whether you’re looking to diversify internationally for Lower Taxes, Better Banking, Asset Protection or as a Plan B…

Miquel Gironès’ Global Network of Lawyers, Accountants, Immigration Experts, Real Estate Agents and Business Partners can Help you Create and Execute a Personalized Strategy to get you Where you Want to be.

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Timestamps:

00:00 - Intro
01:26 - Who is the Palau Digital Residency Program for?
01:53 - Does it lead to a Palau Passport?
02:03 - Entering Palau & 183 extra days on top of 90 days
02:33 - Who should get Palau Digital Residency?
03:07 - Advantages - KYC, Mailing Address
04:59 - Banking Options in Palau - Stable Coin pegged to USD
05:39 - Application Process of Palau Digital Residency Program
06:12 - Main Benefits of the Palau Digital Residency Program
06:53 - Importance of Diversifying & Asset Protection
07:58 - Timeline of Palau Digital Residency Program
08:15 - About Palau
09:03 - Is Palau Safe? - WW3 safe haven
10:34 - How to Apply for Palau Digital Residency
11:57 - Price of Palau Digital Residency
12:27 - Other Option around the world
14:26 - Part 2 of Palau Digital Residency Program

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