I am planning to make a move to Bermuda from Canada. Expect to get a salary of USD 80,000. Not sure yet of other benefits. What kind of other benefits, do company offer and I can reasonable ask for?
I am in double mind as to savings and living cost in Bermuda. I can not take my wife and daughter with me
to Bermuda. They would stay back in Canada. In this case, I presume there is no way I can avoid Canadian income
tax. I do not know if I would be able to save any money after paying Canadian income-tax.
Can you also throw some light on how much would be Canadian income tax. I mean whether the payroll tax and other social insurance expenses in Bermuda would be taken into account for calculating Canadian income-tax.
Any other aspect about it you want to inform me, would also be most welcome.
I am in double mind as to savings and living cost in Bermuda. I can not take my wife and daughter with me
to Bermuda. They would stay back in Canada. In this case, I presume there is no way I can avoid Canadian income
tax. I do not know if I would be able to save any money after paying Canadian income-tax.
Can you also throw some light on how much would be Canadian income tax. I mean whether the payroll tax and other social insurance expenses in Bermuda would be taken into account for calculating Canadian income-tax.
Any other aspect about it you want to inform me, would also be most welcome.