Information Americas, New York, NY, October 28, 2024: Nomad Capitalist has unveiled its 2024 Nomad Seaside Index (NBI), spotlighting the Caribbean’s prime seashore locations for high-net-worth entrepreneurs and traders looking for favorable dwelling and monetary environments.
Main the checklist is the Cayman Islands, identified for its advantageous tax legal guidelines and high-quality companies, adopted by Antigua and Barbuda and St. Kitts and Nevis.
The NBI, primarily based on knowledge from greater than 30 distinctive sources, ranks seashore locations utilizing a 10-50 scale throughout 5 components: Magnificence (30%), Companies (20%), Taxes (20%), Immigration (20%), and Security (10%). The Cayman Islands secured the highest spot for its famend tax effectivity and enchantment amongst prosperous people preferring simplified tax rules. Antigua and Barbuda superior within the rankings because of enhanced service choices, together with improved airport operations and cell connectivity.
Different Caribbean nations highlighted within the prime 10 embrace Dominica (tied for fourth) and the Bahamas, which each proceed to draw international entrepreneurs with streamlined immigration pathways and business-friendly environments. The Dominican Republic additionally made the checklist, reflecting its ongoing enchantment as a vacation spot with each way of life and monetary advantages.
Javier Correa, technique affiliate at Nomad Capitalist, emphasised that the NBI targets high-net-worth people searching for long-term, tax-efficient seashore locations. “The Caribbean’s lovely seashores provide greater than scenic getaways,” Correa famous. “They signify viable choices for globally cell entrepreneurs and traders looking for monetary progress, streamlined immigration, and strong banking choices.”
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