/ˈdɒmɪsaɪl əv tʃɔɪs/ – Phrase
Definition: Chỗ ở chọn lựa.
A more thorough explanation: 1. the place where a company has chosen to be based
2. the place where a person has chosen to live, rather than the place where they come from. The term is often used in connection with taxation.
Example: 1. Bermuda was the domicile of choice for 57 percent of Insurance Linked Securities in 2014.
2. An application for a Cayman domicile of choice requires you to form the intention to remain in Cayman permanently or indefinitely.