For those considering moving to Bermuda
There are often a number of factors to consider when contemplating a new domicile. Taxes may be one of them. We can provide you with an overview of the most basic personal taxation rules in Bermuda.
0
Income tax
0
Wealth tax
Overview of personal taxation in Bermuda
Which types of income are taxable in Bermuda?
Bermuda does not have personal income tax.
Is there wealth tax in Bermuda?
Bermuda does not levy wealth tax.
When must the tax return be filed in Bermuda?
There is no obligation to file a personal tax return in Bermuda, as there is no personal income tax.
What is the name of the tax authority in Bermuda?
The name of the tax authority in Bermuda is Office of the Tax Commissioner.
Is there property tax in Bermuda?
Bermuda has property tax. The rates are progressive and are assessed based on the property’s rental value.
Contact
Atle Melø
Partner
amelo@melo.no
+47 951 80 979
Our tax partner in Bermuda
Through our unique global partnership with Appleby we are able to work together with local lawyers and advisers in questions regarding domestic tax rules and other legislation in Bermuda.
