Originally posted by rpm371
All I can say is SWEEEEEET! I dream of selling out and moving to the Caribbean. What kind of place can a guy get for $100K?
You will need to put a zero on the end of that figure before you could even think about it.
Homes here are separated between ones available for locals only and those available for non-Bermudians.
Condos start at about 700k for those that a non-local could buy. Houses start at 1M in that case, but even 1M would be iffy. Probably 2M is the cheapest you would pay.
That is the purchase price.
Then you would pay 22.75% duty to the govt for the priviledge of owning here.
It is why we only get guys like Bloomberg or Perot buying here.
Now, Bermuda is not a Carribean island, so I can't comment on those islands.
lol Box.