Bahamas

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Originally posted by wally_


Is it the only condition? I mean, am I supposed to prove that I have means to support myself while living there and that's it?
And how do I prove it?

Thanks. I appreciate your replies.
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Basically ...

How or even if you have to prove it is easy; we never did.

If you are serious send me a PM and I will tell you what you need to know.
 
Quote from DTK:

Huh? Where did you used to be in the food chain & where are you now? :confused:

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The thread wasn't readily visible; now for a brief moment in time it is back at the top, for the third time in just a few minutes ...
 
Quote from metooxx:



Yes, but there are certain exemptions that make it attractive.
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could you elaborate a little?


If memory serves, you can hide the first 70,000 or so if you spend 330 days of the year offshore (or something like that). Is that correct?
 
Quote from cheeks:



could you elaborate a little?


If memory serves, you can hide the first 70,000 or so if you spend 330 days of the year offshore (or something like that). Is that correct?
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Now $80K, plus some housing, etc.. If your wife works in the business, double it. There are a couple of tests for foreign residency, not hard.
 
Quote from metooxx:

It is not hiding; very legal ...
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Sorry.....

It is legal, I was not trying to imply that it is not.


I did not even think about including your significant other. 160K. Not bad at all.
 
I have heard alot of mixed things about the Bahamas. Tourist trap, high crime rate, etc, etc.

If there were no tax breaks, would you still be there?


I have been to the Dominican Republic, and absolutely loved it. Still not sure I would want to live there full time though.
 
Quote from cheeks:

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I have been to the Dominican Republic, and absolutely loved it. Still not sure I would want to live there full time though.
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Punta Cana

nitro
 
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