Relationship dossier
Bermuda
South Korea
Relationship assessment
Bilateral cooperation includes a tax-information exchange arrangement, within Bermuda’s status as a British Overseas Territory.
Bermuda toward South Korea
+15Bermuda entered into a tax-information exchange arrangement with South Korea, enabling cooperation on tax matters.
South Korea toward Bermuda
+15South Korea entered into a tax-information exchange arrangement with Bermuda, enabling cooperation on tax matters.
Overall relationship
+15The relationship has a concrete but specialized cooperative element in tax information exchange. Bermuda’s status as a British Overseas Territory means its external relations operate within a constitutional framework involving the United Kingdom.
How to read these scores
Scores are rough judgments, not objective measurements or current verification. Directional scores describe government policy and conduct, not public opinion. The overall score is an independent estimate, never an average.
- −100
- Extreme sustained hostility
- −50
- Substantially adversarial
- 0
- Mixed or neutral, supported by knowledge
- +50
- Substantially cooperative
- +100
- Exceptionally close sustained partnership
“Not assessed” means there is no recorded score. Pair existence makes no claim about diplomatic recognition or established relations.
Relationship context
Overview
Bermuda and South Korea have a bilateral tax-information exchange arrangement, providing a concrete basis for cooperation on tax matters. Bermuda is a British Overseas Territory, and its external relations are shaped by its constitutional relationship with the United Kingdom; its government has authority in certain areas, including tax cooperation.
Key developments
Bermuda and South Korea entered into a tax-information exchange arrangement.
Major uncertainties
- The scope and practical implementation of the tax-information exchange arrangement are unclear.
- The extent of other direct government cooperation between Bermuda and South Korea is unclear.