Liberland is the youngest country on earth, and was formed on the 272nd birthday of Thomas Jefferson, 13th April 2015. The country was formed on 7km2 of no mans’ land, sitting between Croatia and Serbia. It is the third smallest state after The Vatican and Monaco. Liberland’s constitution is based on libertarian ideals and values; minimum government intervention with the maximum amount of freedom granted to its’ citizens.
Liberland has attracted in excess of 450,000 applications for citizenship, and applies a concept of voluntary taxation. The state intends to be a leading role model in the 21st century, combining the best governance practices from constitutions of Switzerland and USA while implementing the latest state of the art technology such as blockchain, as well as proven concepts such as E-Residency demonstrated by Estonia.
The creation of a new country requires an extensive array of diplomatic, legal and technological challenges, which are essential for the proper development of a nation. Modern countries have in many cases become burdened with obstacles, rather than supporting the economic development of a society. Over regulation and excessive taxation are smothering the economic growth, particularly in Europe. Is the creation of a new smaller jurisdiction, with low taxation policies the correct answer to the stagnation of economic growth?
Do existing countries have the courage to allow Liberland and other “free spirit” nations to flourish? Or are we doomed to continue suffering due to the taxation policies of other countries?