It’s important to note that owning property in Bermuda does not grant permanent residency or citizenship, although it can bolster your application for long-term residence under specific immigration routes.

High-value foreign investment in real estate is encouraged by the government, provided it aligns with the island’s carefully managed development goals. While the process is restrictive, it is also well-regulated and transparent.

Foreigners are only permitted to purchase specific types of properties that meet a minimum Annual Rental Value (ARV) threshold. This valuation, set by the government, determines the minimum property size and market value foreigners must adhere to when purchasing.

Generally, these homes are on the higher end of the market, such as luxury estates and waterfront condominiums, making Bermuda particularly attractive to High-Net-Worth Individuals (HNWIs).

Foreign buyers must also obtain an Alien Landholding License (ALL) before finalizing any purchase.

The Alien Landholding License is a legal requirement for any foreign national purchasing property in Bermuda. This document grants non-Bermudians the right to own land, but it does not grant any residency or work privileges.

No income tax, no capital gains tax, no investment or dividends tax, and no VAT

Instead of an income tax, Bermuda imposes a payroll tax on employers that can amount to as much as 14.5% of employees’ salaries, of which up to 8.5% may be passed on to employees

The healthcare system is modern and reliable, with facilities such as the King Edward VII Memorial Hospital offering a wide range of medical services. This ensures access to excellent healthcare while living on the island. Many services are covered by private pay insurance

Bermuda’s sub-tropical climate and gentle trade winds create a perfect environment for world-class sailing, lush parks, and pristine golf courses. Mean temperatures range from mid-60s in winter to mid-80s in summer

To live comfortably in Bermuda, a single person would need about $1,900 per month for basic expenses, excluding rent. For a family of four, the estimated cost of living is around $7,000 per month. Housing costs are among the highest expenses, with a one-bedroom condo costing an average of $615,000 to buy​

From airport renovations to modern accommodations, Bermuda is very accessible and safe for visitors

Safety in Bermuda is not a primary concern for travelers beyond conventional wisdom and situational awareness. Although crime still occurs, it is a relatively safe place to visit

Road safety is another important consideration in Bermuda. Tourists are not allowed to rent or drive cars, so non-residents are limited to buses, ferries, taxis or rental scooter