Caribbean & Atlantic · North Atlantic
Bermuda
A no-income-tax, blue-chip reinsurance jurisdiction two hours from New York — with residency for USD 2.5m and, deliberately, almost no path to anything permanent.
Tax position
- Income tax (top)
- none — no personal income tax. Employment income bears payroll tax, of which the employee portion is progressive and reaches roughly 12.5% at the top band; investment income bears no tax at all.
- Capital gains
- none
- Wealth tax
- none
- Inheritance tax
- none (stamp duty applies on estates of Bermuda property)
- Special regime
- none for individuals. A 15% corporate income tax applies from 1 January 2025 to multinational groups with EUR 750m+ revenue, under OECD Pillar Two.
- Territorial
- Yes — foreign-source income generally outside scope
- CFC rules
- No
- Exit tax
- No
- CRS
- Participating
1 route into Bermuda
Is Bermuda actually right for your family?
We will tell you if it is not. That is the whole service.