Relocating to Bermuda? Embracing Paradise: Discover the Allure of Bermuda
Bermuda has a significant expat community, with people from all over the world choosing to live and work on the island. Many of these expats are employed in the island’s financial services industry, which is a major contributor to Bermuda’s economy.
A work permit is required for non-Bermudians who wish to work in Bermuda. Work permits are issued by the Bermuda government’s Department of Immigration, and the application process can be complex and time-consuming.
To be eligible for a work permit, a job must be offered by a Bermudian employer, and the employer must demonstrate that there are no Bermudians or spouses of Bermudians available to fill the position. The employer must also provide evidence of efforts to recruit locally before seeking to hire a non-Bermudian.
There are several types of work permits available, including short-term work permits for up to six months, long-term work permits for up to three years, and indefinite work permits for those who have lived and worked in Bermuda for at least 15 years.
The cost of a work permit varies depending on the type and duration of the permit, but fees can be significant. It is also important to note that work permits are tied to a specific employer, meaning that if an employee wishes to change jobs, they must apply for a new work permit.
Overall, the process of obtaining a work permit in Bermuda can be challenging, but for those who are able to secure one, it can be a valuable opportunity to live and work in this beautiful island nation.
Purchasing Property in Bermuda
Non-Bermudians are able to purchase property in Bermuda, but there are certain restrictions in place to ensure that the island’s limited land resources are used effectively.
Under the Bermuda Immigration and Protection Act 1956, non-Bermudians may only purchase certain types of property, including condominiums, apartments, and homes that have been designated as “Special Development Order” properties by the Bermuda government.
In addition, non-Bermudians must obtain a license to purchase property in Bermuda, which is granted by the Bermuda government’s Ministry of Home Affairs. The application process can be lengthy and may require the involvement of a Bermudian attorney.
There are also restrictions on the size and location of properties that non-Bermudians may purchase. For example, non-Bermudians may not purchase properties that are larger than a certain size or that are located in certain areas of the island.
Overall, purchasing property in Bermuda as a non-Bermudian can be a complex process. However, for those who are able to navigate the regulations and restrictions, owning property on this beautiful island can be a valuable investment and a wonderful opportunity to enjoy the island’s natural beauty and unique culture.
Living in Bermuda
Living in Bermuda can be a unique and rewarding experience. The island is known for its natural beauty, warm climate, and friendly people, and it offers a high standard of living.
One of the most attractive aspects of living in Bermuda is its favorable tax system, which includes no income tax, no capital gains tax, and no inheritance tax. This can make it an attractive destination for individuals and businesses looking to minimize their tax burden.
The People of Bermuda
Bermuda is known for its friendly and welcoming people. Bermudians are generally very polite and hospitable, and visitors to the island often comment on how friendly the locals are.
This friendly atmosphere can be attributed in part to the island’s small size and close-knit community. With a population of just over 60,000 people, Bermuda has a tight community where people tend to know each other and look out for one another.
Bermudians are also proud of their island and are often happy to share their knowledge and recommendations with visitors. Whether you need directions to a particular location, advice on the best restaurants to try, or simply a friendly chat, you are likely to find a warm welcome in Bermuda.
In addition, Bermuda is known for its strong sense of community spirit, with a variety of events and activities throughout the year that bring people together. From street festivals and carnivals to charity fundraisers and cultural celebrations, there is always something happening on the island that encourages people to come together and have fun.
Overall, Bermuda’s friendly and welcoming atmosphere is one of its most attractive qualities. Whether you are visiting the island as a tourist or relocating as an expat, you are likely to feel at home in this close-knit and welcoming community.
Bermuda has its own unique fashion style that is influenced by the island’s culture and climate. The fashion style in Bermuda is often characterized by bright colors, lightweight fabrics, and relaxed, casual attire. Whether you are enjoying a day at the beach or attending a formal event, there is a style to suit every occasion in Bermuda.
Culture and History
The island’s rich history means the Bermudians have plenty to celebrate, such as Bermuda Day, which takes place in May. This is when most locals take their first dip in the sea and parades go on through the night to welcome the coming of summer, along with a road race from the island’s west end into Hamilton. These events are popular with spectators, and residents are known to stake out particular sections of the pavements to enable them to watch the runners and the parade floats go by.
There are also many natural wonders on the island, such as the impressive crystal caves, Walsingham Nature Reserve, Horseshoe Bay Beach, and the stunning Arboretum.
Your Soft Landing Starts Here
Despite these challenges, many people find that living in Bermuda offers a high quality of life, with access to beautiful beaches, world-class restaurants, and a variety of cultural events and activities. It is also a safe and secure place to live, with low crime rates and a strong sense of community.
If you are considering living in Bermuda, it is important to carefully consider all of the factors involved and to seek professional advice if necessary. With the right planning and preparation, living in Bermuda can be a rewarding and fulfilling experience.
Soft Landing, provides a smooth, comprehensive transition from YOUR home to OURS. Visit Soft Landing to get started today!