Comments on: 10 Caribbean Island Tax Havens Worth Moving To

By: C

Fri, 15 Aug 2014 10:12:19 +0000

Why you did not mention Puerto Rico?

By: Exploring Cayman

Exploring Cayman — Sat, 19 Apr 2014 03:19:08 +0000

Cayman is a wonderful place, but it is impossible to attain citizenship, only slightly less difficult to move there permanently. For most, even if you buy property you can only stay for six months. Then you go home. If you are a guest worker, you get seven years then off you go.

By: Jason

Jason — Mon, 31 Mar 2014 18:22:24 +0000

The west is only good for poor people because they get free staff. Every one just wants to stay at home and collect welfare instead of working. I am from trinadad and tobago oil enginer enjoying life, high salary very low tax. My biggest expence are my cars and my house. In the future it will be poor west rich asia pacific and south asia has an emerging market. The west is going down the drain. Lucky i don’t live there. Places with no future full of dept.

By: A

Mon, 31 Mar 2014 18:14:27 +0000

Taxes are very high in the west, the main reason is most poeple are now lesy , they don’t want to work the only want free staff. If you are poor stay in the west and enjoy the freebies. If you earn $500,0000 live for singapore. low tax, oppotunity and great weath.

By: KC

KC — Sun, 02 Dec 2012 16:34:34 +0000

Living in Canada used to be cool … Now it “SUCKS” !!!
The Gubament is collecting 200+ billion a year
in all forms of taxes, spending it on whatever crap
they can dream up to get themselves kickbacks from (FRAUD,
drowning the country in debt (any where from 450 billion, to
1.1 Trillon, depending how you (they) look at it,
and creating so many BS laws that make you not want
to leave your house …GIMME A ONE WAY TICKET OUTTA HERE !!!

By: stacy

stacy — Fri, 13 Jul 2012 17:19:45 +0000

The information on the USVI is erroneous. They are under the same exact tax structure as the US is as far as individuals paying taxes. In that regard, it’s like another state. There is no 90% exemption. And it is very expensive to live there because everything is imported from the US. The only real advantage other than the obvious of living on a beautiful island is the customs allowance when coming back to the US if you buy items such as alcohol, jewelry, electronics. Now that the airlines have made it so expensive to pack an extra box of alcohol as baggage, it pretty much cancels out the savings you were getting by buying the alcohol cheap there.

By: Bali

Bali — Tue, 08 May 2012 06:18:27 +0000

Hi There
I havnt lived in the UK for 12 years, the last 11 have been here in Bali Indonesia. I built a small property by the sea and am in the process of selling the lease and being in funds again. So where next? Im a British citizen NR an NOR and need to invest offshore not in a UK bank. Im an artist so im looking for a place that inspires! I love the Carribean and useful expat info would be much appreciated.
Thank you

By: Notax

Notax — Sat, 31 Mar 2012 14:47:09 +0000

As of 2012, many of the Caribbean islands seem to collect their public revenues from import duties and tariffs, which is a bad thing, if you are planning on living on these islands and building a dream home there (as you have to import most of everything from abroad, as there are no local production for most goods that go into a high standard of living).

So, establishing residency and offshore incorporation in, say, zero personal and corporate taxation Cayman Islands seems like a great idea, but actually living there, not so much.

By: ASer

ASer — Mon, 12 Mar 2012 23:21:28 +0000

I live and work in turks and caicos Island. We are taxe free here but the gov’t. increases the import duties on liquors, cigars and thosecommodities that make people obese.
Almost of the comodities were imported from the US and the neighboring countries. So the cost of living is high but it depends on how we manage our expenses..

Some locals go to Miami and purchase goods and shipped it to the Island so they could save.

Apartment rentals dropped down from $3000 to 2,000, 1,500 to 1000 depending on the location. There are low cost apartment including utilities for $ 650.00 per month..

Transportation: There were local taxis ( a van), will cost you 34 to 40 USD if you are alone and 10 usd if you have companions.. There were illegal taxis (called Jitney) which cost only 2 usd to 3 usd..(small car.auto)

Lots of celebrities visiting this island…Some buying propoerties..

Life is slow here. I like to live here.. peaceful..

Not so much of night life.. there were some Irish bar, wine bars with local band.. Restaurants near the beach area…

Crime? there were few in a week and is the talk of the town…..

By: khorram

khorram — Mon, 06 Feb 2012 10:31:23 +0000

So called “Tax Free”. They tax you so many other ways but they dont call it tax.

Dubai is a good example of this. Also you have no status.