Bermuda is a British Overseas Territory in the North Atlantic Ocean. It is approximately 1,070 km (665 mi) east-southeast of Cape Hatteras, North Carolina; 1,236 km (768 mi) south of Cape Sable Island, Nova Scotia; and 1,576 km (979 mi) north of Puerto Rico. The capital city is Hamilton. Bermuda is self-governing, with its own constitution and its own government, which enacts local laws, while the United Kingdom retains responsibility for defense and foreign relations.
Capital: Hamilton
Currency: Bermudian Dollar
Timezone: UTC-4 (DST: UTC-3)
Corporate tax rate: 0%
Personal tax rate: 0%
Capital gains tax: N/A
VAT: N/A
Tax residence: For non-citizens, residency is available for a fee/investment or a retirement program. Special rules apply for UK nationals and/or residents.
CFC Rules: No
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Matthias A Will
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