| Slappin Fish |
04-11-2011 09:14 AM |
Quote:
Originally Posted by WarChild
(Post 18044783)
- 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 :2 cents:
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.
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