Bermudes is a British Overseas Territory that operates under UK Common Law. The country benefits from a favorable tax regime. Individuals in Bermuda do not pay personal income tax. Instead, the Government of Bermuda levies a Payroll Tax.
Once applicants have held a residency in Bermuda for ten years they may be eligible to apply for Bermuda Citizenship and therefore become British Overseas Territories citizens. Citizenship rules vary depending on the individual’s circumstances and connections with the country.
A. Certificat d'investissement économique (EIC)
It provides you and your family the opportunity of living and work on the island for five years to see your investment prospects realized. After which, you are eligible to apply for the Residential Certificate for the right to reside in Bermuda indefinitely.
Exigences et qualifications
To be eligible for an Economic Investment Certificate (EIC), an applicant must make a “Qualifying Investment” of at least BM$2.5 million in one or more of the following classes:
– Residential or commercial real estate in Bermuda;
– An existing Bermuda-based business;
– The development and launch of a new Bermuda-based business;
– Bermuda Government bonds;
– Bermuda Registered charity in the areas of sports development, youth, seniors, and health;
– The Bermuda Trust Fund or Sinking Fund; or
– Other social or useful venture that benefits Bermuda, Bermudians, and things Bermudian may be determined by the Minister responsible for Immigration.
Applicants must be at least 18 years old, have not been convicted of an indictable or dishonesty offense, be of good character, and be in compliance with the Bermuda Department of Health requirements and protocols. Persons already residing in Bermuda who satisfy the criteria can also apply. The same requirements also apply to the dependents as well.
Des frais de dossier de BM$2,625 sont exigibles.
Ongoing requirements for successful EIC applicants include the obligation to maintain the “Qualifying Investment” for at least five years and that the applicant resides in Bermuda for at least 90 days in each of the five years following the grant of the EIC.
The EIC granted by the new policy is valid for five years, after which EIC holders are eligible to apply for a “Residential Certificate”. If successful, they will have the right to reside in Bermuda indefinitely.
Les certificats de résidence peuvent toutefois être révoqués si le titulaire réside en permanence en dehors des Bermudes pendant deux ans ou plus, sans demander l'autorisation préalable du ministre.
Once applicants have held a residency in Bermuda for ten years they may be eligible to apply for Bermuda Citizenship and therefore become British Overseas Territories citizens. Citizenship rules vary depending on the individual’s circumstances and connections with the country.
B. Permanent Resident’s Certificate
If you have a Permanent Resident’s Certificate (PRC), you have the right to live and work in Bermuda and to purchase Bermuda property with a lower Valeur Locative Annuelle (VLA).
La loi de 2021 sur l'immigration et la protection des Bermudes entrera en vigueur le 1er décembre 2021.
Le ministère de l'Immigration commencera à accepter les demandes en vertu des dispositions de la législation modifiée le 1er janvier 2022.
2021 Amendment
The 2021 amendment act enables certain long-term residents to apply for a permanent resident’s certificate.
Government’s proposal aims to address this issue by expanding the eligibility criteria for the granting of PRC under section 31A, to include any person who has been ordinarily resident in Bermuda for at least 20 years. While the policy paper states that this change is aimed at assisting “Persons who have continuously worked in Bermuda and seek to continue to make Bermuda their home“, it does not appear that having worked (as opposed to merely having resided) in Bermuda will be a condition of acceptance, although the amending legislation remains to be seen.
The cost of the PRC application under section 31A is also to be reduced, from $50,000 to $10,000.
This change will be beneficial for LRT work permit holders, as well as their employers, who would no longer need to renew their work permits and pay the related fees.
The policy paper also sets out proposed changes to assist mixed-status families, under which the following categories of people will now be eligible for PRC:
These changes will assist, amongst others, non-Bermudian parents of Bermudian children, who would otherwise have had to leave the island after their child’s 18th birthday, and second-generation PRC holders who are currently unable to pass PRC on to their children.
The current application fee for a PRC under section 31B will remain at $3,150.
The aforementioned changes are to be read in conjunction with the requirements given below.
Exigences et qualifications
Vous pouvez demander un certificat de résident permanent à partir du 1er janvier 2022 si :
En dessous de Article 31A, vous pouvez présenter une demande de CRP au ministre de l'Immigration si :
En dessous de Article 31B, vous pouvez également demander au ministre une CRP si vous êtes :
(Pour plus d'informations, voir http://www.bermudalaws.bm/ for the Bermuda Immigration and Protection Act, 1956 and the PRC application form.)
Naturalisation:
Toute personne qui n'est pas un citoyen du Commonwealth doit être naturalisée en tant que citoyen des territoires britanniques d'outre-mer pour acquérir le statut bermudien qui nécessite un résidence légale de 5 à 10 ans selon la section pour laquelle vous postulez.
The requirements and qualifications required to obtain Bermuda residency or citizenship are listed above in the “About Bermuda Citizenship and Residency” section.
Firstly, you should visit the department of immigration website: https://www.gov.bm/department/immigration. There you need to Identify the application of interest and then select from a list of processes. The next step is to Download the Application Form. After that, one should print the application form and complete application form with black (for passport applications single-sided paper and black ink only) or blue ink. Obtain all required documents based on the notes checklist After that, one should make an online payment to the HSBC bank Account to include a description
After completing the previous step, submit the application and all required documents in the Immigration Drop Box on the First Floor of the Government Administration Building with a copy of the online payment Confirmation. After that, a member of the Immigration Team will contact each applicant to advise if items are missing via email. Once all items are submitted and the Application is deemed complete the applicant will be duly advised along with the expected timelines.
Privacy World offre ses services à tous ceux qui cherchent non seulement à obtenir des processus de résidence et/ou de citoyenneté, mais nos experts trouvent des moyens légaux pour :
Privacy World peut également vous aider à incorporer votre entreprise aux Bermudes, à vous installer dans le pays et à vous coordonner afin que cette expérience soit moins compliquée.
Vous voulez que Privacy World s'occupe de votre cas ? Avez-vous des questions? Contactez-nous!