Private Wealth And Private Client: Bermuda

In-Depth: Private Wealth and Private Client (formerly The Private Wealth & Private Client Review) provides an incisive global overview of the key legal and practical issues affecting the management of private client wealth. With a focus on recent developments, it examines the most consequential features of the regimes governing tax, succession and wealth structuring across major jurisdictions worldwide.

Introduction

Bermuda, located in the Atlantic Ocean between the United States and Europe, less than a two-hour flight from New York and with direct flights to London, has one of the highest GDPs per capita on Earth and is one of the longest-established, high-end private wealth centres worldwide. Many ultra-high net worth individuals have homes on the island or moor their yachts in its beautiful waters.