Secretaries and other office personnel will be among the ship's staff of 252. The ship will ply the seas at 19 knots, following the climatic and social seasons to ports such as Rio for Carnival and Cannes for the film festival. Mr. Freberg said the ship was likely to be in port about 250 days a year. Roughly half the residents lined up so far are European, with most of the rest American. The typical resident is in his early 50s and ''has made his own fortune,'' he said.
Most countries basically work on a residence basis.
If you're resident there for half the year, you're resident there and taxed there. The United States is one of the few countries that tax citizens on worldwide income, wherever they live. Mr. Whiting said. Tax authorities assume that citizens who are not resident at home will be resident in some other country that will probably tax their earnings, but tax codes do not explicitly state that citizens must have residency somewhere and that if they do not, then they are taxed in their country of citizenship. The Dave Clark Five, who made a lucrative business deal during a year in which he did not live in Britain.