Europa Universalis IV announced

[garbon]

Not a particularly impressive set though.

http://www.eu4wiki.com/Purple_Phoenix_events

[Anatron]

Not a particularly impressive set though.

http://www.eu4wiki.com/Purple_Phoenix_events

What I missed from this dlc is the reconquest of Egypt event.

[Josephus]

Are colonies worth the effort? I'm playing my first game, as Castille, and have colonized all of South and Central America (haven't bothered with Incas, Aztecs etc.). Looking at my financial statments, and I'm not entirely sure the whole thing is a worthwhile venture. How best to maximize profits? yeah, I got a merchant in Caribbean and Brazil. What buildings should I bother with. I have a -80 per cent tariff base modifier.

[Viking]

Are colonies worth the effort? I'm playing my first game, as Castille, and have colonized all of South and Central America (haven't bothered with Incas, Aztecs etc.). Looking at my financial statments, and I'm not entirely sure the whole thing is a worthwhile venture. How best to maximize profits? yeah, I got a merchant in Caribbean and Brazil. What buildings should I bother with. I have a -80 per cent tariff base modifier.

Check how much your total tarriff income is and how much your trade income is from the overseas nodes.

[Josephus]

In 1665, my total tariff income is 10.58/mo. out of 125 total income

About 70 per cent of my tariff income is from overseas nodes (panama, caribbean, brazil). The other 30 per cent comes from my home (seville)

Here's the thing about my 10.58/mo tariff income. I have a level two advisor giving me an additonal 10 percent. He costs me 13.7 a month. His upkeep is more than my tariff income.

[Viking]

In 1665, my total tariff income is 10.58/mo. out of 125 total income

About 70 per cent of my tariff income is from overseas nodes (panama, caribbean, brazil). The other 30 per cent comes from my home (seville)

Here's the thing about my 10.58/mo tariff income. I have a level two advisor giving me an additonal 10 percent. He costs me 13.7 a month. His upkeep is more than my tariff income.

taxes /= tariff /= trade

ALL your tariff income comes from your overseas nodes. You ONLY get tariff income from distant overseas nodes.

[Josephus]

My bad.  I meant most of my trade income comes from overseas nodes.

My point is that, though. Is tariff income enough of an incentive to colonize? Looking at the math, to me, it doesn't make any sense.

[Viking]

What country were you playing, where were your colonies (post map) and what are the details of your income (post ledger). In my mp spain game my income is split virtually 4 ways equally  between tax, tarrifs, trade and gold for a total around 240 in the same period.

[crazy canuck]

My bad.  I meant most of my trade income comes from overseas nodes.

My point is that, though. Is tariff income enough of an incentive to colonize? Looking at the math, to me, it doesn't make any sense.

You said you have colonized all of South and Central America and you have merchants ( I assume collecting) in the Caribbean and Brazil.  The key to Spanish success is colonizing the Caribbean.  The islands are rich and provide a good income.  The territories in the Panamanian node are relatively poor.  If you can dominate the territories and trade in the Caribean then you can direct the trade from the Mexican and Panamanian nodes to the Caribbean and profit.

As Castille I dont really bother with Brazil.  Its not very profitable.

[Viking]

Trade wise Brazil is part of the african coast

[crazy canuck]

Trade wise Brazil is part of the african coast

You can get around that by beating Portugal there, concentrating all your colonization of Brazil and then collecting from that node without competition.  But given the opportunity costs, that wouldnt make a lot of sense - ie trading off domination of the Caribbean for Brazil

[Josephus]

I'll post some screenshots. Thanks for help. though I was also interested in very general, as opposed to specific info. Like..based on the fact that overseas provinces only collect tariffs, which is a portion of production, are they really worth the hassle?
I'm playing as Castille. My first EU4 game

Here's a shot showing the general location of my colonies.



Somehwat blurry shot of ledger

[Viking]

1. All your tarrifs and 3/4 of your gold is from colonies.
2. At least 46 (probably more) of your trade income is from your colonies.

In all likelyhood your income would have been 25 from tax, 10 production, 3.5 gold and 15 trade  for approx 55 income total, had you not colonized,  instead you have 125. You tell me, was it worth it? When you carpet america with plantations it will be even more worth it.

[DGuller]

What's the opportunity cost of getting all that colony income, though?  I still haven't figured out for myself whether it's worth it.  In any case, I don't colonize because it's too damn boring.

[Queequeg]

Depends on where you are colonizing, I love huge naval conflicts with Spain and Portugal in the Indies.