354 ‘Work From Bermuda’ Certificates Approved

October 14, 2020 | 17 Comments

452 applications have been received thus far for the Work from Bermuda One Year Residential Certificate, with 354 of them being approved, Premier David Burt said.

Speaking at last night’s [Oct 13] press briefing, Premier Burt said, “I would like to provide an update on our ‘Work from Bermuda’ initiative. I am pleased to report that since the Initiative was launched on 1st August, we have received 452 applications. Of the 452 applicants, 354 were approved and we look forward to a high percentage of them working and residing in Bermuda.”

Bermuda on screen laptop generic werqrqer

When the initiative was launched back in August, the Premier said, “This government invites individuals who are already working from home to work remotely from Bermuda instead. Covid-19 has impacted the world. Overnight, companies have had to solve the problem of employees being able to work outside of the office.

“There is now the opportunity for employees, who I refer to as digital nomads, and university students to work and study, remotely from Bermuda.

“Applicants for the One Year Certificate must have the means to support themselves while working remotely, and cannot seek work in Bermuda.

“Bermuda has successfully managed the Coronavirus pandemic,” the Premier said. “This has kept transmission of the virus to a minimum which allows our residents and visitors flexibility not seen on other jurisdictions. We look forward to welcoming these new long term visitors to our shores.”

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Comments (17)

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  1. hanky panky says:

    and we look forward to a high percentage of them working and residing in Bermuda … so how many are here Mr Premier?

    • trufth says:

      Exactly! I don’t care how many were approved. “Approved” does not equal “arrived with suitcases”. Many of these approved have no intention of ever moving here unless things go really wrong where they are now. This is the cheapest insurance policy around: less than $300 you can go stay in Bermuda if all else fails. Very cheap. But until we see suitcases unpacked and rental agreements signed, this only means a measly $300 a pop added to our sad economy.

  2. Jelly archibald says:

    I just dont understand how these people can afford living here without employment. The cost of living in Bermuda is very high.

    • Kathy says:

      They are not living here without working. They are working online and not having to pay taxes also.

  3. MonkeySea says:

    All this is doing is keeping the rents in orbit as landlords will be looking to cash in on these people.

    • Joe Bloggs says:

      This might actually keep some people from losing their homes.

      Many people in Bermuda depend on rents to meet their monthly mortgage payments. With the way people have been fleeing our shores for the last 10 or 12 years, this initiative should be welcomed by all.

  4. Promises says:

    Wasn’t there a promise to approve these Residential Certificates within 5 days??? More broken promises?

  5. Unbelievable says:

    354 people? For a whole year? Wow. Didn’t the America’s Cup keep 3 times as many people as that for the better part of 3 years?

    Gee. Way to go, PLP.

  6. True_faith says:

    So now that I am approved as a Bermuda resident fort the next year. I can save on my income tax even if I don’t have a Bermuda address?
    Is this how it works????

  7. Ramakrishnan says:

    I have three questions:

    1. Exactly how much money is needed to be shown as proof of monthly income to be eligible for this certificate?

    2. If I am in the process of transition from my current employer to a new employer, ie, on a short break, will I be eligible for this certificate?

    3. Should I need to have regular monthly income for this or can I show money in my savings as the proof of income?

    • trufth says:

      Don’t worry about any of this – just come as a tourist for 6 months. Leave the island for a day then come back for another 6 months. (the length of time a visitor can stay has increased from 90 days to 6 months.)

      • Ramakrishnan says:

        Is it possible to come back again in the same year? Also, can I work with a tourist visa in Bermuda for the period? I will soon be joining a US based company from India as a remote worker. The company don’t have a branch in India and hence technically I will be a remote worker.

  8. Jay says:

    What i dont understand is what is a benefit of living in Bermuda unless there are some tax breaks or other incentives like free medical coverage etc.

    For example, someone who lives and works in Toronto, Caanada lets say moves to to Bwrmuda for one year as they can work rmotely what is the benefit they have besides better weather? They will end up spending more money than living in Toronto, will still have to pay taxes in Canada etc.

    Can someone help me understand please.

    • covid says:

      covid

    • saud says:

      They also get unreliable, expensive, slow internet access, and unreliable, expensive electricity. The two things they need to “work remotely”.

  9. Traveller says:

    I would like for you to ask
    what is the breakdown for those persons coming here?

    Students
    Where are staying with

    Adults
    Number of males
    Number of females

    Where are they residing
    Staying with Family
    Staying with Boyfriend / Girlfriend
    Renting

  10. ROGER LAMBERT says:

    Most of what I read here are the negatives of this 1 year Residency Certificates by the commenters. This is being done elsewhere too.
    May the positives of this new system keep helping Bermuda & any slackness or negatives of it be stopped or controlled.

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