As the Panama Papers shed light on the secretive world of offshore tax havens, there are plans to create a startup state in Eastern Europe where residents would pay no tax at all.
Welcome to the Free Republic of Liberland.
This micro-nation is attempting to establish itself on a tiny spit of unclaimed land just three miles squared on the banks of the River Danube between Croatia and Serbia, NBC News reported.
Its founders aim to create a state where "the economy and the government are separated" and people can live without government interference, Liberland's self-proclaimed president Vit Jedlicka told NBC News.
But while this free-market enclave may seem like a libertarian utopia to some, neither Jedlicka nor the 400,000 people who have registered for citizenship on the country's official Facebook page can actually travel to their own turf.
