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You might also want to do it to create overseas regions (or disable them).
A westernized asian superpower (Ming for example) would have no interest in philipines provinces, so they might as well move their capital away to force these provinces as overseas, and create trade companies.
The last case is extremly situationnal, as it would most likely end up with your own continental trading power interfering with the trade companies, resulting in no benefits, but if played right, could end up with a trade between a few low development provinces and a few traders.
You can do it as suggested before to change your continent/overseas regions and such.
You can also do it to shift culture. If you move your capital you can take the culture of the new capital province. I am not sure whether you can do something similar with religion. So you could for instance shift from Dutch culture to Austrian and then have their specific decisions rather than the dutch ones.
I usually only change the trade port, but not the capital.
Mexico and Carribean yo.
That's where most of the money came from IRL anyways
Like I said the Carribean has solid base tax and a fair bit of mexico does as well.
Don't generalise dude.
Also I beat Castille and Portugal to most of the Carribean and South America as the Netherlands, every games is different. I might end up having to move my capital soon annoying due to France wanting to eat my European provinces
I don't think Don't generalise dude was hostile. Just a helpful tip against exagerration. Which a lot of people have started to do since CS was released.
I agree the tax in NA is much lower and essentially worthless now. However, it makes sense from a mechanics and historic standard point this is undeveloped land that has been mostly empty since the continents split as opposed to Africa or europe of course it won't be as developed there.
The CN's not developing is I agree messed up.
However there is still some decent provinces to colonise particularly in the carribean and mexican regions. I say colonise stealing from natives also works
I wasn't arguing the fact that is well lowered. I was just saying don't generalise the entire colonial game based on the NA region