Bermuda: Offshore Investment
In Bermuda there are no taxes on profits, dividends or income; there is no capital gains tax, no withholding tax and no sales tax. Employees pay some fairly minor taxes, and there are taxes on property; customs duties can be significant for immigrants. There are some exchange controls for Bermuda residents, but these do not apply to non-resident investors. There is 'stamp duty' on Bermudan assets at death.
Non-resident investors can therefore buy and sell shares or fund units, make bank deposits etc without fear of taxation of any kind. Specialised local 'exempt' companies and trusts are available for those who wish to use Bermuda for asset protection or for holding international assets, and are equally free of taxation.