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I think there are several reasons for wanting servers outside of the US (even outside of Europe). Everybody is so sue happy in the US is one (the reason I've been looking for a server outside the US). The other is for faster website access. It should take less time for a website to reach someone in Greece from Germany than from the US.
I'm setting up my new business in Nevis, not to hide money, but just because of the sue happy people in the US.
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