With the opening of borders and resumption of international air travel popular tourist destinations began to offer special conditions for expats who are ready to spend at least a year on their territory and work remotely.
Barbados was the first to do so: its authorities announced back in July that foreigners could live and work on the island for a year without paying taxes.
And since August 2020 Bermuda launched its own visa program, allowing travelers to live and work in picturesque places during the year. This large holiday paradise, providing everything for a comfortable stay: the clean warm sea, friendly sun, legendary pink beaches and good infrastructure.
Participation in the program will be significantly cheaper than in Barbados: the visa costs $263, and its owners will also be exempt from income tax. Applicants must be over 18 years of age, have health insurance and demonstrate “positive personality”.
How do I get a Bermuda 1 year residency certificate?
You can apply for the certificate via the gov.bm website. You should pay a non-refundable application fee of $263.
Requirements to applicants
Any employees who work remotely can obtain a permit for annual residence in Bermuda. In addition, students attending a second degree and studying remotely can apply. The applicant must be at least 18 years old.
There are no minimum wage requirements in this case, unlike in Barbados (where it is necessary to confirm the minimum monthly wage of $2000). However, note that Bermuda has high living prices, and it is desirable to have a stable high income.
Required documents:
- Proof of employment with a company or own registered business.
- Health insurance
- Color scan of passport photo page;
Travelers, who do not want to live in Bermuda for a year, can stay there without a visa for up to six months. The government has extended the maximum period of stay without a visa from 90 to 180 days.
