The residents of the ResidenSea can also petition the captain if there is somewhere that a majority of them want to visit that is not on the official itinery - awful..

In Hong Kong, the tax rate is 15% for high upper class (finance sector?). A small cut goes into MPF. However, most people pay less than 15%, if any tax at all I think some magazine rated HK and sinapore to be the most "economically free" places for business to operate.. But last week, some other "consultants" rated (wrongly in my opinion) HK to be the most expensive live in the world, beating tokyo, moscow, and ny by a long shot.It beats the crap out of Toronto, where everyone with a decent job pays >~ 50%; and the streets are full of garbage

How does one get a job in Bermuda? >>Bermuda is really only about 21 square miles, seriously, that's it, one of the few places where a scooter may actually be the optimum form of transportation. I guess if you want to get a job in Bermuda you should learn a lot about reinsurance, that's all they have there. Check out Artemis.bm if you're serious. Or PM me, I have an offer for a non-US citizen to live in bermuda for the next 10 years all expenses paid, Canadians prefered but other citizens of liberal taxation countries welcome

<i>offer for a non-US citizen to live in bermuda</i>Man, that sounds shady! Real shady!! Just kidding!!

>offer for a non-US citizen to live in bermuda<>Man, that sounds shady! Real shady!! This is normal, nothing shady about hiring non US people. the reason is: to hire a US citizen or green card holder one have to pay more to compete, because they have to pay US tax even when moving to bermuda. For Europeans or Canadians it is all close to tax-free money.In other words one should be paid to accept green card

What about if you have dual citizenship, (US and other)? Say that you're moving to your old country; do you still have to pay tax to the US?

>Why US citizens have to pay US tax if they are working in Bermuda?>As you mentioned, it is tax-free for Canadians.I don't know, may be I am wrong. All I "know" Bermuda is tax free for Norwegians ,but I am in the US

I don't know, may be I am wrong. All I "know" Bermuda is tax free for Norwegians <img src="i/expressions/face-icon-small-happy.gif" border="0"> ,but I am in the US <img src="i/expressions/face-icon-small-sad.gif" border="0"> >>But, I would think you hold a green card. You can just leave it.

What about if you have dual citizenship, (US and other)? Say that you're moving to your old country; do you still have to pay tax to the US? >>The following response is neither intended as legal advice, nor does the respondant hold himself out to be an expert in issues as they may relate to personal taxation, legal or otherwise. As always one should seek the opinion of independant counsel before undertaking a course of action that may or may not have adverse consequences to one's tax liability. Now with the standard disclaimers out of the way Th US always wants a piece of what you earn. That being said, they do make some exceptions. There are countries that the US has tax treaties with, so if you move back to your old country and they have a treaty with the US, chances are that you will merely pay taxes in the country in which you reside. The countries the US has treaties with are myriad, but they all have the characterstic that their citizens do pay taxes. If the tax rate that the country you reside in (non-us) is particularly low, but does exist, then the US may require you to pay your US tax liability, but allow you to deduct payments you've made on your non-US tax liability from the US Liability amount. If you happen to be a citizen of bermuda and a US citizen and move back to bermuda chances are you will face US tax liability. Like with anything legal, it all depends.

In Moscow (and the rest of Russia) there is 13% income tax for tax residents, 30% for non-residents.You are a tax resident if you spend at least 183 days of a year in the country.Russia has double-taxation agreements with many countries, so paying Russian tax may relieve you from paying your homecountry tax (if any).There's also 5% local sales tax in Moscow.

The reason is that US is one of the few countries in the world (the other example is Philippines I think) where tax law is based on citizenship, not residency. As a US citizen you have to file an income tax form with IRS no matter where you reside. They have the exemption of about $70K per year, if you are making more than that you may have to pay US tax even though you pay local taxes. The most amusing is the fact that if you want to give up your US citizenship and you are rich, they say you want to do it for tax reasons and require you to pay taxes for 10 years in advance before granting you this privilege Land of the free, no doubt about it.

<<In Moscow (and the rest of Russia) there is 13% income tax for tax residents, 30% for non-residents.>>I recall so-called "childlessness" or "balls" tax in former CCCP. It was just about 7% applied to all childless men and women. The funny thing was that all men were taxed from the age of 18 but women were taxed only from the day of marriage.