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To: jjs_ynot who wrote (14766)7/12/1998 8:43:00 AM
From: Patrick Slevin  Respond to of 17305
 
Your limit is approximately 182 days a year, last I checked.

However, this is variable. That is to say (as an example)

1998 you visit perhaps 170 days,
1999 visit 200 days
2000 190 days
2001 165 days

Just as long as on average you keep within a respectable distance from 182.

The edge comes from the dual citizenship ... in this case Ireland for me. Ireland does not tax non-residents. Bermuda only lightly taxes resident aliens.

In Bermuda, however, aliens who own property have to show solvency by buying high end property. That's why the 1.2 million price tag on the house.

The real advantage is in estate tax, where the U.S. has an oppressive tax structure. General tax on income does not bother me very much but what the heck. The estate tax relief makes the far lower income tax relief just more gravy.

I picked Bermuda as an example because it's convenient for me, an hour out of NYC. Another example would be the Caymans.

Another example of a country which does not tax non-residents is Canada, I believe.