Aurum
Download

Caribbean Tax Residency and Pensions

Know where you are tax resident, use the treaty between your two countries, get every pension and social security payment to the right bank, and keep the records that prove it.

Free · Mac (Apple silicon) and Windows · v1.0.0 · Other platforms

Then open the Marketplace in the app, search for Caribbean Tax Residency and Pensions, and click Install. It goes into your own files, and works offline from then on.

Before you start: this plan is general information to help you organise your own money decisions. It is not financial, investment, tax or legal advice. Check decisions that matter with a qualified, licensed adviser in your country, and remember that investing and trading can lose money.

What it installs.

1

Pillar

1

Area

50

Projects

200

Starter tasks

🌴 Caribbean Life & Diaspora

Caribbean Tax Residency and Pensions

Understanding tax residency between the Caribbean and abroad: double taxation, pensions and social security paid overseas, and keeping records.

  1. Inventory of your tax ties in both countries
  2. Taxpayer numbers for every country you deal with
  3. Travel day count log
  4. Residence test worked through for the country abroad
  5. Residence and income tax scope on your home island
  6. Double tax treaty check between your two countries
  7. Cross-border tax adviser shortlist and engagement
  8. Income map by source and country
  9. Pension and social security inventory
  10. Tax and pension document vault
  11. Monthly tax and pension paperwork hour
  12. Two-country tax filing calendar
  13. Foreign tax credit and withholding record
  14. Monthly pension payment check
  15. Life certificates for pensions paid abroad
  16. Quarterly tax instalments where you owe them
  17. Address and bank details kept current with every payer
  18. Annual tax residence review before year end
  19. Annual pension statement round-up
  20. Residence, ordinary residence and domicile explained
  21. How treaties decide who taxes your pension
  22. Reading a state pension forecast and contribution record
  23. Social security agreements between the Caribbean and abroad
  24. Home island income tax basics for a returning resident
  25. Tracing early NIS contributions back home
  26. Filling gaps in a state pension record
  27. Choosing where each pension is paid
  28. Pension lump sum timing around the move
  29. Claiming or deferring the state pension
  30. Scrutinising a pension transfer offer
  31. Non-resident landlord set-up for a house abroad
  32. Selling the house abroad before or after the move
  33. Bank tax residence self-certification forms updated
  34. Year of departure tax return
  35. First tax return as a resident back home
  36. State pension claims ahead of pension age
  37. Certificate of tax residence for treaty relief
  38. Responding to a tax authority enquiry
  39. Year-end review with your cross-border adviser
  40. Retiring home on pensions from two countries
  41. Snowbird retiree splitting the year
  42. US citizens and green card holders in the Caribbean
  43. Canadian pensions paid to the islands
  44. Survivor pensions across borders
  45. Mid-career return with pensions left abroad
  46. Managing a parent's pension paid from abroad
  47. Investment exit tax review before leaving
  48. Tie-breaker analysis when both countries claim you
  49. Five-year retirement income tax projection
  50. Double tax dispute through mutual agreement

Where it starts.

Each project arrives with its purpose, milestones and first tasks written out. Here is how the first three read.

Inventory of your tax ties in both countries

Tax residency is decided by ties, not by passport: where your home is, where you work, where your spouse and children live, where your accounts and property sit and how many days you spend in each place. Writing every tie down on one page for each country is the starting point for every later decision in this area, and it is the first thing a cross-border adviser will ask to see.

First tasks

  • List every home you own or rent in each country, with addresses
  • Note where your spouse, partner and dependent children live
  • Estimate days in each country for the last two years from passport stamps
  • Mark the ties you expect to change in the next two years

Taxpayer numbers for every country you deal with

Pension providers, banks and tax offices on both sides want a taxpayer number before they pay you or file for you: a National Insurance number, a Social Security Number, a Social Insurance Number, a Jamaican TRN, a Trinidad and Tobago BIR file number or a Barbados TIN. Collecting them on one secure sheet, and applying for missing ones before you move, stops payments stalling for weeks.

First tasks

  • Find your existing taxpayer and social security numbers on old payslips
  • Check which numbers your home island needs from a new resident
  • Apply for any missing taxpayer number through the home tax authority
  • Store the number sheet in an encrypted document folder

Travel day count log

Almost every residence test counts days, and they count differently: some count any day you are present at midnight, some count part days, and many use a threshold somewhere around half the year. A running log built from boarding passes and passport stamps, updated monthly, is the evidence you need if a tax office ever asks where you were.

First tasks

  • Create the day count log with country totals for each tax year
  • Reconstruct the last two years of travel from passports and airline emails
  • Write each country's day counting rule at the top of the log
  • Add the month's travel dates and country totals to the log @recurring(monthly:3)

Make it yours.

Install Caribbean Tax Residency and Pensions, then tell Aurum the date you're aiming for. It checks whether the plan fits the weeks you actually have.

Free · Mac (Apple silicon) and Windows · v1.0.0 · Other platforms

Blueprints are general information to help you organise your own work. They are not medical, financial, legal or other professional advice. See the Terms.