Monite relocates engineering talent to Georgia to avoid Western tax burdens
Ivan Maryasin · Why He Spent $5m on Fintech API MVP, 20 Customers Today and $20k in MRR · Aug 30, 2023 · at 12:29
Ivan Maryasin, CEO of Monite, explains their offshore engineering strategy and tax advantages in the country of Georgia to Nathan Latka.
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“We usually relocate people to Georgia also from, you know, like, ex-Ukrainians, ex-Russians, ex-Belorussians, like, from all across, very strong tech talent and no crazy European or US Texas, that would basically mean that we can only run half of that size of the team at this stage.”
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