2. Bermuda
Like the Bahamas, Bermuda also offers no income tax policy. Both located in the Caribbean, the Bahamas and Bermuda are similar in terms of ambiance, natural beauty, and climate.
Bermuda is more isolated. Its transportation infrastructure is considered as the most developed among the Caribbean islands. This comes with a price. The living cost in Bermuda is at least $2,000 a month for a modest apartment.
Bermudians have zero unemployment. This means all people in Bermuda who are at their productive age have jobs. This is the result of its government’s commitment in protecting their rights.
Among 65,000 citizen of Bermuda, 15,000 of them are expatriates. Most of them are employees of the U.S. companies’ extensive financial sector. This gives you the idea of how many people choose to start a new life in the tropical island of Bermuda.
