Notices
Pit-Stop Discussion Forum For Racing/Track events, DE/Autocross, Professional Racing Events, Nascar, Formula 1, IndyCar, & More.

Buemi to stay in tax-free Bahrain!

Thread Tools
 
Search this Thread
 
  #1  
Old 01-17-2009, 06:55 AM
like.no.other's Avatar
Teamspeed Pro
Thread Starter
Join Date: Apr 2008
Location: Bahrain
Posts: 3,821
like.no.other has a reputation beyond reputelike.no.other has a reputation beyond reputelike.no.other has a reputation beyond reputelike.no.other has a reputation beyond reputelike.no.other has a reputation beyond reputelike.no.other has a reputation beyond reputelike.no.other has a reputation beyond reputelike.no.other has a reputation beyond reputelike.no.other has a reputation beyond reputelike.no.other has a reputation beyond reputelike.no.other has a reputation beyond repute
Buemi to stay in tax-free Bahrain!

Swiss racer Sebastien Buemi insists he will continue to reside officially in Bahrain this year.

Ahead of the 20-year-old's Formula One debut in 2009, Toro Rosso boss Franz Tost indicated recently that Buemi will now be spending a lot of time near the team's Italian base.

"I will probably spend a lot more time in Faenza to be near the team factory, but I will still keep my main home in Bahrain," Buemi told the Gulf Daily News.

He lives in Bahrain with his uncle Humbert, aunt Sylvia, and cousins Frederic, Steve and Laura.
Residents of the Gulf island Kingdom pay no more than one percent in personal income tax.

Source: GMM
© CAPSIS International
 
  #2  
Old 01-17-2009, 09:43 AM
sean's Avatar
Teamspeed Pro
Join Date: Apr 2008
Location: Mulholland Drive
Posts: 2,592
sean has a reputation beyond reputesean has a reputation beyond reputesean has a reputation beyond reputesean has a reputation beyond reputesean has a reputation beyond reputesean has a reputation beyond reputesean has a reputation beyond reputesean has a reputation beyond reputesean has a reputation beyond reputesean has a reputation beyond reputesean has a reputation beyond repute
These guys make huge money for ~10 years (usually less), then they're done. I would too. Didn't Mansell live in the Isle of Man during his F1 years because of it's tax status?

One would think Monaco would be more appealing though
 
  #3  
Old 01-17-2009, 09:44 AM
MeanMachine's Avatar
AMGFanatic
Join Date: Feb 2008
Location: MonteCarlo
Posts: 15,965
MeanMachine has a reputation beyond reputeMeanMachine has a reputation beyond reputeMeanMachine has a reputation beyond reputeMeanMachine has a reputation beyond reputeMeanMachine has a reputation beyond reputeMeanMachine has a reputation beyond reputeMeanMachine has a reputation beyond reputeMeanMachine has a reputation beyond reputeMeanMachine has a reputation beyond reputeMeanMachine has a reputation beyond reputeMeanMachine has a reputation beyond repute
Originally Posted by sean
These guys make huge money for ~10 years (usually less), then they're done. I would too. Didn't Mansell live in the Isle of Man during his F1 years because of it's tax status?

One would think Monaco would be more appealing though
Its cheaper to live in Bahrain.
 
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Alzilla
Pit-Stop
0
10-25-2010 02:15 PM
Alzilla
Pit-Stop
7
07-13-2010 11:41 PM
Alzilla
Pit-Stop
0
06-17-2010 02:17 PM
X2daC
Pit-Stop
1
04-20-2010 04:16 AM
Over_Under
Pit-Stop
4
04-21-2009 10:01 PM

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 


Quick Reply: Buemi to stay in tax-free Bahrain!



All times are GMT -4. The time now is 10:38 AM.