Quote:
Originally Posted by WarChild
- Bermuda has one of the highest GDPs per person in the World. Nearly twice that of Canada and the USA.
- There is no Income tax but high consumption taxes on everything brought in to the Island. That suits me much better than Income tax.
- The Bermudian dollar is pegged to the US Dollar, so no more US > CAD exchanges for me.
- The climate is Sub Tropical, so it's not blazing hot all the time.
- Bermuda has the highest level of broadband internet penetration in the World.
- You can never become a resident in Bermuda, no matter how long you stay. Only by marrying a Bermudian can you get citizenship, and even then it takes 10 years.
- Thus far there are no Brazilian Jiu Jitsu schools in Bermuda. I intend to bring them Gracie Barra Jiu Jitsu.
Just some of the pluses and minuses.
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The island is really beautiful, cost of living is outrageous though, you should add that to the minuses
It isn't in the "this is expensive" category but in the "WTF!! is this Monte Carlo?" league.
A nice apartment in the city center is 10k up, bottle of water $5, loaf of bread $10, gas $2.5 a liter...all quickly adds up.