Bermuda has removed some of the eligibility requirements for a
Residential Certificate making
it easier for high net worth individuals to obtain permission to
live in Bermuda indefinitely. Individuals are no longer required to
own residential property in Bermuda, or to have worked in Bermuda
for the preceding five years.
Any individual over the age of 18 who is of good character and conduct is now eligible to apply to the Department of Immigration for a Residential Certificate, provided that they possess adequate health insurance coverage, are free of tuberculosis and have substantial means and/or have a continuous source of annual income without the need to engage in gainful occupation.
Changes to the Residential Certificate Policy, effective 15 December 2015, allow for more flexible immigration options for high net worth individuals. Please see our attached brochure for more information regarding Bermuda immigration options for high net worth individuals.
If you have any queries, or wish to apply for a Residential Certificate, please contact us.
Residential Certificate policy, section 32 of the Bermuda Immigration and Protection Act 1956
POLICY
Appleby brochure on Bermuda Immigration Options for High Net Worth Individuals
BROCHURE
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
