bank account interest...?

divad

New member
Feb 27, 2008
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I know this topic seems to get beaten to death but I have a specific question that I can't find the answer to.
Is the interest earned from bank CD's tax free to foreigners only or locals as well? IE: once you gain permanent residency, do you have to start paying tax?
If it has been answered already, or if I can gain the answer through deeper understanding of residency law, I am happy to be redirected.
Thanks.