1. Location of the permanent home or legal residence of an individual and, if absent, the individual has the intention of returning to. 2. Jurisdiction and site where a business or corporation maintains its headquarters and conducts its corporate affairs.
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The location or venue in which a captive insurer is licensed to do business. There are a number of factors that must be considered in selecting the best domicile for a given captive, including capitalization and surplus requirements, investment restrictions, income and local taxes, formation costs, acceptance by fronting insurers and reinsurers, availability of banking and other services, and proximity considerations.