Bermuda has no personal income tax, capital gains tax, VAT, or inheritance tax. Government revenue is raised through payroll tax, customs duties, and other indirect levies.
A roundup of expat financial news covering Dubai tourism incentives, UK-US wealth planning considerations, and Japanese pension investment developments. No single policy change is detailed in the excerpt.
Brandon Mitchener of Tax Fairness for Americans Abroad presented at the 2026 US Expats Financial Conference on the legislative steps required to shift the US from citizenship-based to residence-based taxation. The session outlined the current congressional pathway for such a reform.
Three specialists at the 2026 US Expats Financial Conference addressed questions from Americans on Panama visas, US tax obligations, banking, investing, and cross-border financial planning. The session covered residency options and property ownership considerations for US citizens relocating to Panama.
A session at the 2026 US Expats Financial Conference covers proactive tax planning strategies for Americans abroad, moving beyond basic compliance. The talk is presented by the founder of Tax Samaritan.
A July 2026 roundup covers updates on tax and financial reporting requirements for expats, UK pension policy changes, and childcare credits available to grandparents living abroad.
A new U.S. remittance tax enacted into law applies starting in 2026 to certain transfers of money sent abroad, including transfers used to support family or move funds across borders. The final law is reported to be narrower in scope than earlier legislative proposals.
Foreign nationals working in Bermuda must hold a valid work permit, with applications submitted by the employer rather than the individual. Bermuda's Department of Immigration administers multiple permit types depending on the nature of employment.
Bermuda does not issue its own tourist visa; since March 2014, visitors from most countries can enter without one. Travelers from certain nations must hold a valid multiple re-entry visa (MRV) for the US, UK, or Canada prior to arrival.