Looks like I'm moving to Bermuda - GoFuckYourself.com

WarChild · 04-07-2011, 07:04 AM

Tax free and warm. Aruba, Jamaica ... Ewww I wanna take you to Bermuda...

Woohoo.

Evil Chris · 04-07-2011, 07:05 AM

you forgot Key Largo

Sly · 04-07-2011, 07:06 AM

Montego. Baby why don't we go.

Si · 04-07-2011, 07:07 AM

Was looking up holidays to bermuda last week. Looks absolutely amazing there!

WarChild · 04-07-2011, 07:21 AM

My girlfriend works in senior financial services and she will also make killer money tax free there. I guess that more or less sealed the deal.

bloggerz · 04-07-2011, 07:23 AM

tax free sounds good

Ross · 04-07-2011, 07:28 AM

I'm going to Jamaica on vacation in 3 weeks! First time there, should be good.

magicmike · 04-07-2011, 07:30 AM

Nice, it'd be fun to live down there for a while, not sure how long I could take, but winters for sure.

Evil Chris · 04-07-2011, 07:32 AM

Quote:

Originally Posted by WarChild

My girlfriend works in senior financial services and she will also make killer money tax free there. I guess that more or less sealed the deal.

If you were moving to Mexico, it would be Senor Financial Services.

O MARINA · 04-07-2011, 08:02 AM

Quote:

Originally Posted by WarChild

Tax free and warm. Aruba, Jamaica ... Ewww I wanna take you to Bermuda...

Woohoo.

There's a place called Kokomo
That's where you wanna go to get away from it all

Sharky · 04-07-2011, 08:19 AM

Bermuda gets hit by a ton of hurricanes and Tropical Storms. It's beautiful, but good luck when the storms roll through!

jigg · 04-07-2011, 08:35 AM

too small and surrounded by water

also, if you're a US citizen or have had a green card for more than 6 months you can't work anywhere in the world tax free, you have to keep filing with the IRS regardless and hand over income tax

Archivist · 04-07-2011, 08:37 AM

Quote:

Originally Posted by WarChild

Aruba, Jamaica

niggas gonna rape ya.

WarChild · 04-07-2011, 08:37 AM

Quote:

Originally Posted by jigg

too small and surrounded by water

also, if you're a US citizen or have had a green card for more than 6 months you can't work anywhere in the world tax free, you have to keep filing with the IRS regardless and hand over income tax

Not a US citizen.

v4 media · 04-07-2011, 10:10 AM

cost of living is pretty horrendous nope?

Agent 488 · 04-07-2011, 10:12 AM

canadians have to pay taxes even if they live overseas don't they?

_Richard_ · 04-07-2011, 10:17 AM

Quote:

Originally Posted by WarChild

Not a US citizen.

so you can just.. leave.. and not pay taxes? i thought that was a fairy tale

Agent 488 · 04-07-2011, 10:20 AM

you have to cut all ties if you don't want to pay taxes i thought? no canadian bank, no drivers licence, property etc.

unless you have other arrangements of course.

spazlabz · 04-07-2011, 10:54 AM

congrats on your move, I hope you had loads of fun in the sun

advice: wear shoes whenever outside ;)

cooldude7 · 04-07-2011, 11:22 AM

hows internet there ?

i mean speed ?

djroof · 04-07-2011, 11:28 AM

we need pics

Scott McD · 04-07-2011, 11:30 AM

Quote:

Originally Posted by WarChild

Tax free and warm.

Sounds good.

Here it's tax hell, and fucking cold...

czarina · 04-07-2011, 12:22 PM

My vote goes to Cancun, Mexico. Foreigners dont have to pay tax unless they work in Mexico. And online activities are not considered work, go figure!

Ross · 04-07-2011, 12:25 PM

Quote:

Originally Posted by Archivist

niggas gonna rape ya.

Suuuuure... the dude does like 19 different types of fighting type shit, last person you'd probably wanna pick on. If my memory serves me correct he also has 3 huge Rottweilers that would be enough to freak anyone out

dyna mo · 04-07-2011, 12:27 PM

sounds cool! congrats eh.

brassmonkey · 04-07-2011, 12:28 PM

have a extra room?

irwin99 · 04-09-2011, 11:06 AM

Quote:

Originally Posted by Agent 488

you have to cut all ties if you don't want to pay taxes i thought? no canadian bank, no drivers licence, property etc.

unless you have other arrangements of course.

There really are no guidelines set in stone for this, other than if you are in Canada for 6 months in a calendar year, you are automatically deemed resident for tax purposes. However, as long as you don't make millions when you are offshore and try to bring it back into Canada tax free at a later date, nobody is going to challenge you. Substantial ties with Canada should obviously be cut (health care coverage, bank accounts, property ownership etc...), but again no formal guidelines exist to regulate this. It is evaluated on a case by case basis. When you become non-resident for tax purposes of Canada, the intention (mentally) should be that you are never returning to Canada to live permanently again (which is why if you are bringing millions back they will generally challenge you on that). For this reason, I know a number of Canadian professionals who live offshore but still pay Canadian taxes as they do plan to return to live in Canada in the future. Obviously their advice came from their Canadian tax lawyers. So really, its not as simple as it seems, its not like you can just go away for a few years, make a few million tax free and bring it back into Canada and buy a house with the money and just carry on like you are back home from an extended vacation. It is worth noting that only two countries tax their citizens in their home country on their income no matter where they live, the US and Libya.

bignasty · 04-09-2011, 11:17 AM

Quote:

Originally Posted by jigg

also, if you're a US citizen or have had a green card for more than 6 months you can't work anywhere in the world tax free, you have to keep filing with the IRS regardless and hand over income tax

Unless it's been changed in the last few years, the first up to ~$80,000 is not taxed when you live out of the US depending on how many months of the year it is. You do still have to file a return though.

fuzebox · 04-09-2011, 12:00 PM

Interesting choice.

seeandsee · 04-09-2011, 12:01 PM

tax free, country of dream?

Chosen · 04-09-2011, 12:38 PM

Sounds nice

irwin99 · 04-09-2011, 12:39 PM

Quote:

Originally Posted by bignasty

Unless it's been changed in the last few years, the first up to ~$80,000 is not taxed when you live out of the US depending on how many months of the year it is. You do still have to file a return though.

I'm not an expert in US tax law, but I think that only applies when a double taxation treaty exists.

adult_text_links · 04-09-2011, 01:26 PM

Belize all the way ... tax free ..

brassmonkey · 04-09-2011, 01:57 PM

Quote:

Originally Posted by adult_text_links

Belize all the way ... tax free ..

yeah but your room mates are roaches

DWB · 04-09-2011, 01:57 PM

Quote:

Originally Posted by bignasty

Unless it's been changed in the last few years, the first up to ~$80,000 is not taxed when you live out of the US depending on how many months of the year it is. You do still have to file a return though.

They raise it just about every year.

WarChild · 04-09-2011, 02:02 PM

- 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.

Goldmaniacs · 04-09-2011, 05:36 PM

I don't think you can just move there without some kind of work visa

Quote:

Originally Posted by WarChild

Tax free and warm. Aruba, Jamaica ... Ewww I wanna take you to Bermuda...

Woohoo.

directfiesta · 04-09-2011, 06:27 PM

BuBye to the guns ....

Bermuda forbids all narcotics, weapons, ammunition, pornography and more
Huge penalties, prison and travel restrictions will result from ignoring this warning and importing them
---------------------
Bermuda law does not permit any person, except a bona fide member of an established gun club, to own a handgun.

In Bermuda, there is only one bona fide gun club ? The Coral Reefs Rifle & Pistol Club. All club members must undergo stringent checks by the Bermuda Police before they can even be accepted as potential gun-owners.
http://bernews.com/2010/04/a-look-at...ta-gun-charge/

But maybe your dogs are allowed ....

Vendot · 04-10-2011, 01:24 AM

Quote:

Originally Posted by O MARINA

There's a place called Kokomo
That's where you wanna go to get away from it all

Get there fast and then take it slow........

But GFY people should remember the bit about "bodies in the sand"

AAB · 04-11-2011, 08:15 AM

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.

I understand the pluses of living there, but just curious (as a Canadian myself) - why do you not want to live in Canada? If I recall correctly, you've lived in Panama for a few years, right?

PS - sincere question, no BS

WarChild · 04-11-2011, 08:59 AM

Quote:

Originally Posted by AAB

I understand the pluses of living there, but just curious (as a Canadian myself) - why do you not want to live in Canada? If I recall correctly, you've lived in Panama for a few years, right?

PS - sincere question, no BS

I'm tired of paying taxes and I don't like the weather.

Anthony · 04-11-2011, 09:05 AM

Quote:

Originally Posted by WarChild

-
- 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.

Carlosinho is going to very happy with you.

Slappin Fish · 04-11-2011, 09:14 AM

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.

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.

WarChild · 04-11-2011, 09:18 AM

Quote:

Originally Posted by Slappin Fish

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.

Heh heh, I live in Vancouver and it's already killer expensive here. But yeah I'm aware of the cost of living difference. My girlfriend has lived in Bermuda before. Thanks for the heads up though!

Goldmaniacs · 04-11-2011, 09:43 AM

$10,000 for one year lease? Not too bad.

Quote:

Originally Posted by Slappin Fish

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.

cosis · 04-11-2011, 09:48 AM

It's a beautiful place but wouldn't want to live there.

WarChild · 04-11-2011, 09:50 AM

Renting a two bedroom apartment/suite (there's no high rises, it's all mostly partinioned houses) seems to run betwenn $3500 and $4500 a month in Bermuda.

BareBacked · 04-11-2011, 10:34 AM

Quote:

Originally Posted by WarChild

My girlfriend works in senior financial services and she will also make killer money tax free there. I guess that more or less sealed the deal.

What is her citizenship?

BareBacked · 04-11-2011, 10:36 AM

Quote:

Originally Posted by bignasty

Unless it's been changed in the last few years, the first up to ~$80,000 is not taxed when you live out of the US depending on how many months of the year it is. You do still have to file a return though.

its 92k as of 2009

BareBacked · 04-11-2011, 10:38 AM

Quote:

Originally Posted by WarChild

Renting a two bedroom apartment/suite (there's no high rises, it's all mostly partinioned houses) seems to run betwenn $3500 and $4500 a month in Bermuda.

Wow crazy prices.
Good luck

04-07-2011, 07:04 AM	#1
WarChild Let slip the dogs of war. Industry Role: Join Date: Jan 2003 Location: Bermuda Posts: 17,263	Looks like I'm moving to Bermuda Tax free and warm. Aruba, Jamaica ... Ewww I wanna take you to Bermuda... Woohoo. __________________ .

04-07-2011, 07:05 AM	#2
Evil Chris OG Industry Role: Join Date: Dec 2001 Location: 3rd from the Sun Posts: 13,233	you forgot Key Largo __________________ It PAYZE to post on GFY chris at payze.com \| Skype chriswrp

04-07-2011, 07:06 AM	#3
Sly Let's do some business! Industry Role: Join Date: Sep 2004 Location: Austin, TX Posts: 31,326	Montego. Baby why don't we go. __________________ Vacares - Web Hosting, Domains, O365, Security & More - Paxum and BTC Accepted Windows VPS now available Great for TSS, Nifty Stats, remote work, virtual assistants, etc. Click here for more details.

04-07-2011, 07:21 AM	#5
WarChild Let slip the dogs of war. Industry Role: Join Date: Jan 2003 Location: Bermuda Posts: 17,263	My girlfriend works in senior financial services and she will also make killer money tax free there. I guess that more or less sealed the deal. __________________ .

04-07-2011, 07:23 AM	#6
bloggerz Too lazy to set a custom title Industry Role: Join Date: Dec 2006 Posts: 16,256	tax free sounds good __________________ I SELL ADULT BACKLINKS! Email: eroticweb>gmail SKYPE: gfybloggerz $$$$$ MAKE HUGE MONEY IN CAMS - CLICK HERE $$$$$

04-07-2011, 07:07 AM	#4
Si Such Fun! Industry Role: Join Date: Feb 2008 Posts: 13,900	Was looking up holidays to bermuda last week. Looks absolutely amazing there!

04-07-2011, 07:28 AM	#7
Ross Ik ben een aap Industry Role: Join Date: Sep 2002 Location: Traffic Force Towers, Canada! Posts: 18,874	I'm going to Jamaica on vacation in 3 weeks! First time there, should be good.

04-07-2011, 07:30 AM	#8
magicmike Confirmed User Industry Role: Join Date: Feb 2003 Location: JustPorno Posts: 2,384	Nice, it'd be fun to live down there for a while, not sure how long I could take, but winters for sure. __________________ Just Porno with both classic and mobile porn versions. Gay Porn Our mega gay site tranny porn

04-07-2011, 08:19 AM	#11
Sharky Confirmed User Industry Role: Join Date: Mar 2002 Location: Tampa, FL Posts: 4,938	Bermuda gets hit by a ton of hurricanes and Tropical Storms. It's beautiful, but good luck when the storms roll through! __________________ Sharky

04-07-2011, 08:35 AM	#12
jigg Confirmed User Join Date: Feb 2002 Posts: 2,527	too small and surrounded by water also, if you're a US citizen or have had a green card for more than 6 months you can't work anywhere in the world tax free, you have to keep filing with the IRS regardless and hand over income tax __________________ ...... eight,eight,two,eight,eight,four,two ......

04-07-2011, 10:10 AM	#15
v4 media Confirmed User Industry Role: Join Date: Feb 2005 Location: Spain Posts: 2,934	cost of living is pretty horrendous nope?

04-07-2011, 10:12 AM	#16
Agent 488 Registered User Industry Role: Join Date: Feb 2006 Posts: 22,511	canadians have to pay taxes even if they live overseas don't they?

04-07-2011, 10:20 AM	#18
Agent 488 Registered User Industry Role: Join Date: Feb 2006 Posts: 22,511	you have to cut all ties if you don't want to pay taxes i thought? no canadian bank, no drivers licence, property etc. unless you have other arrangements of course.

04-07-2011, 10:54 AM	#19
spazlabz Confirmed User Industry Role: Join Date: Jul 2003 Location: Kentucky Posts: 6,548	congrats on your move, I hope you had loads of fun in the sun advice: wear shoes whenever outside ;)

04-07-2011, 11:22 AM	#20
cooldude7 Confirmed User Industry Role: Join Date: Nov 2009 Location: Heaven Posts: 4,306	hows internet there ? i mean speed ?

04-07-2011, 11:28 AM	#21
djroof JuicyDevils.gr Owner Industry Role: Join Date: Jan 2004 Location: Greece Posts: 25,396	we need pics

04-07-2011, 12:22 PM	#23
czarina Webmaster Extraordinaire Industry Role: Join Date: Jul 2002 Location: A beautiful beach... Posts: 10,748	My vote goes to Cancun, Mexico. Foreigners dont have to pay tax unless they work in Mexico. And online activities are not considered work, go figure!

04-07-2011, 12:27 PM	#25
dyna mo The People's Post Industry Role: Join Date: Dec 2008 Location: invisible 7-11 Posts: 65,169	sounds cool! congrats eh.

04-07-2011, 12:28 PM	#26
brassmonkey Pay It Forward Industry Role: Join Date: Sep 2005 Location: Yo Mama House Posts: 77,225	have a extra room? __________________ TRUMP 2025 KEKAW!!! - The Laken Riley Act Is Law! DACA ENDED - SUPPORT AZ HCR 2060 52R - email: brassballz-at-techie.com

04-09-2011, 12:00 PM	#29
fuzebox making it rain Industry Role: Join Date: Oct 2003 Location: seattle Posts: 22,100	Interesting choice.

04-09-2011, 12:01 PM	#30
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	tax free, country of dream? __________________ BUY MY SIG - 50$/Year Contact here

04-09-2011, 12:38 PM	#31
Chosen VIPPay.com \| AdultWebSponsors.com Industry Role: Join Date: Aug 2001 Posts: 63,151	Sounds nice

04-09-2011, 01:26 PM	#33
adult_text_links So Fucking Banned Industry Role: Join Date: Jan 2011 Posts: 221	Belize all the way ... tax free ..

04-09-2011, 02:02 PM	#36
WarChild Let slip the dogs of war. Industry Role: Join Date: Jan 2003 Location: Bermuda Posts: 17,263	- 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. __________________ .

04-09-2011, 06:27 PM	#38
directfiesta Too lazy to set a custom title Industry Role: Join Date: Oct 2002 Location: Montreal, Quebec Posts: 29,625	BuBye to the guns .... Bermuda forbids all narcotics, weapons, ammunition, pornography and more Huge penalties, prison and travel restrictions will result from ignoring this warning and importing them --------------------- Bermuda law does not permit any person, except a bona fide member of an established gun club, to own a handgun. In Bermuda, there is only one bona fide gun club ? The Coral Reefs Rifle & Pistol Club. All club members must undergo stringent checks by the Bermuda Police before they can even be accepted as potential gun-owners. http://bernews.com/2010/04/a-look-at...ta-gun-charge/ But maybe your dogs are allowed .... __________________ I know that Asspimple is stoopid ... As he says, it is a FACT ! But I can't figure out how he can breathe or type , at the same time ....

04-11-2011, 09:48 AM	#46
cosis Confirmed User Industry Role: Join Date: Aug 2001 Location: Beach Posts: 5,280	It's a beautiful place but wouldn't want to live there.

04-11-2011, 09:50 AM	#47
WarChild Let slip the dogs of war. Industry Role: Join Date: Jan 2003 Location: Bermuda Posts: 17,263	Renting a two bedroom apartment/suite (there's no high rises, it's all mostly partinioned houses) seems to run betwenn $3500 and $4500 a month in Bermuda. __________________ .