Bermuda to be Considered Crypto Paradise Very Soon
Here at CTN, we recently began investigating the top crypto-friendly countries in the world today and while we’re covering quite a few, not many stand out quite as much as Bermuda. Bermuda’s favorable tax rates and spectacular island lifestyle attract both major corporations and individuals with high net worth, reportedly providing the country with the highest GDP per capita in the world. It’s a renowned tax haven, with neither any corporate, income, wealth, capital gains, or VAT taxes and only has a minimal payroll tax. However, Bermuda does have high consumption taxes on both goods and services, as well as…