Comments on: Afiniti To Submit Approximately 90 Applications https://bernews.com/2020/10/afiniti-to-submit-approximately-90-applications/ Bermuda's #1 source for 24/7 breaking news, photos & videos Fri, 10 Apr 2026 18:37:28 +0000 hourly 1 http://wordpress.org/?v=3.7.5 By: Joe Bloggs https://bernews.com/2020/10/afiniti-to-submit-approximately-90-applications/#comment-5388398 Tue, 03 Nov 2020 10:59:17 +0000 https://bernews.com/?p=1016706#comment-5388398 Actually, we do not appear to be bringing in people from anywhere.

The Minister said “I am pleased to report that the 1-Year Residential Certificate programme has so far garnered 557 applications of which 442 have been approved. This is very good news for Bermuda and Bermudians as these persons will be enjoying life in Bermuda while contributing daily to the local economy.”

The Minister has always been very careful never to mention how many of the 442 people with approved 1-Year Residential Certificates have actually come to Bermuda.

]]> By: Joe Bloggs https://bernews.com/2020/10/afiniti-to-submit-approximately-90-applications/#comment-5388103 Sun, 01 Nov 2020 20:01:20 +0000 https://bernews.com/?p=1016706#comment-5388103 Look at it logically.

A 1 year permission to reside in Bermuda application costs $268.

A 1 year standard work permit application costs $966.

Which would you prefer to pay?

]]> By: DownDeRoad https://bernews.com/2020/10/afiniti-to-submit-approximately-90-applications/#comment-5388059 Sun, 01 Nov 2020 15:01:16 +0000 https://bernews.com/?p=1016706#comment-5388059 They are applying for the work permits, which would mean they would then pay all the required taxes. Until then, their workers can do their work remotely from wherever they are living in Bermuda like they were doing in Pakistan, except now they are buying groceries, paying for electricity, and other expenses in Bermuda rather than elsewhere.

]]> By: Toodle-oo https://bernews.com/2020/10/afiniti-to-submit-approximately-90-applications/#comment-5387746 Fri, 30 Oct 2020 22:04:03 +0000 https://bernews.com/?p=1016706#comment-5387746 And when all their moons are taken away from them through legislation all they’ll be able to say is
‘Well , I don’t have it any more but neither do you and I’m happy you don’t have it now’ .
Think Greece 2009

]]> By: wahoo https://bernews.com/2020/10/afiniti-to-submit-approximately-90-applications/#comment-5387741 Fri, 30 Oct 2020 21:17:53 +0000 https://bernews.com/?p=1016706#comment-5387741 But de base don’t want trickle down they were told to expect the moon.

]]> By: ROGER LAMBERT https://bernews.com/2020/10/afiniti-to-submit-approximately-90-applications/#comment-5387664 Fri, 30 Oct 2020 13:25:45 +0000 https://bernews.com/?p=1016706#comment-5387664 I understood the Company is headquartered here now, taxed in Bermuda & probably Pakistan or elsewhere (?). Now with our 1 year residency certificate system, which can be renewed, they’ll work/live here and go through the usual work permit system during & after the year. The Company will build more business, pay less tax elsewhere, then hire more staff, foreign & Local for here. In good time I hope that the majority of their business is done from Bermuda.

]]> By: Rocky5 https://bernews.com/2020/10/afiniti-to-submit-approximately-90-applications/#comment-5387644 Fri, 30 Oct 2020 11:39:57 +0000 https://bernews.com/?p=1016706#comment-5387644 So what’s stopping Companies Reinsurance Companies based in say London & New York who do business with Marsh, AON Guy Carpenter, Willis & Bermuda Insurance companies etc. in Bermuda bypassing the very expensive & slow Work Permit system and using the much cheaper 1-Year Residential Certificate programme? ?

]]> By: CB2 https://bernews.com/2020/10/afiniti-to-submit-approximately-90-applications/#comment-5387640 Fri, 30 Oct 2020 11:17:43 +0000 https://bernews.com/?p=1016706#comment-5387640 Thank you for quoting the article. I had read it and my question still stands. If they have office space in Bermuda how is this just not an office move? I don’t care of they “work from home” they moved to a different office. Would they be allowed to have in person meetings with their team? If so that makes me think they need work permits.

When all the Re’s start doing the same as this everyone will see how bad this is for Bermudians in the long run.

]]> By: Sandgrownan https://bernews.com/2020/10/afiniti-to-submit-approximately-90-applications/#comment-5387632 Fri, 30 Oct 2020 10:35:10 +0000 https://bernews.com/?p=1016706#comment-5387632 I thought that too – does it mean anyone else on a digital nomad permit can apply for a regular permit?

]]> By: Joe Bloggs https://bernews.com/2020/10/afiniti-to-submit-approximately-90-applications/#comment-5387626 Fri, 30 Oct 2020 09:59:15 +0000 https://bernews.com/?p=1016706#comment-5387626 “This is a great opportunity for Bermudians to join or launch a career with a technology company at the cutting edge of Artificial Intelligence.”

Yes, no experience of AI required!

]]> By: saud https://bernews.com/2020/10/afiniti-to-submit-approximately-90-applications/#comment-5387575 Fri, 30 Oct 2020 03:14:11 +0000 https://bernews.com/?p=1016706#comment-5387575 30 – 6

]]> By: Dirk Gentley https://bernews.com/2020/10/afiniti-to-submit-approximately-90-applications/#comment-5387538 Thu, 29 Oct 2020 22:18:18 +0000 https://bernews.com/?p=1016706#comment-5387538 That’s one way to do it. Work permits, meh. Payroll tax, no thanks. Pension contributions, nope.

]]> By: moira thompson https://bernews.com/2020/10/afiniti-to-submit-approximately-90-applications/#comment-5387528 Thu, 29 Oct 2020 22:00:07 +0000 https://bernews.com/?p=1016706#comment-5387528 So over 400 approved applications already! wow! And this is good for Bermuda because we are bringing in people from Pakistan? wonders never cease.
Where is the Bermudian compliment? are we just so excited they will be spending money here that we will not tax them? Bermudians spend their money here all the time and are highly “taxed” some people get a cheque with less than half because of deductables. can we say” Bermuda for Be rmudians”.

]]> By: Jim https://bernews.com/2020/10/afiniti-to-submit-approximately-90-applications/#comment-5387523 Thu, 29 Oct 2020 21:37:47 +0000 https://bernews.com/?p=1016706#comment-5387523 This is crazy. It makes a mockery of the current work permit requirements and the payroll tax rules.

]]> By: Reality check https://bernews.com/2020/10/afiniti-to-submit-approximately-90-applications/#comment-5387518 Thu, 29 Oct 2020 21:11:07 +0000 https://bernews.com/?p=1016706#comment-5387518 “This will allow even more of its staff, many of whom will come from Pakistan to work-from-home in Bermuda, while the company goes through the process of applying for traditional work permits.

“If successful, the work permits will allow the immediate transfer of staff to the local company. The work permit applications will be for individuals highly skilled in the specialized field of Artificial Intelligence. This is extremely good news for Bermuda.”

]]> By: Toodle-oo https://bernews.com/2020/10/afiniti-to-submit-approximately-90-applications/#comment-5387515 Thu, 29 Oct 2020 21:05:51 +0000 https://bernews.com/?p=1016706#comment-5387515 “Maybe this is the hint that come the next budget all rents, including residential and Airbnb, will be taxed.”

As painful and disastrous as that would be what with the trickle down effect it’s preferable to the alternative , and I’m not talking about income tax either.

]]> By: Ringmaster https://bernews.com/2020/10/afiniti-to-submit-approximately-90-applications/#comment-5387511 Thu, 29 Oct 2020 20:27:55 +0000 https://bernews.com/?p=1016706#comment-5387511 Based on the above, this company will be headquartered in Bermuda, but will have no personnel costs. How will this stand with existing companies who are paying payroll tax, pension contributions, National Insurance and full work permit fees? I can see some serious pushback from these companies, resulting in less Government revenue. Maybe this is the hint that come the next budget all rents, including residential and Airbnb, will be taxed. Government needs revenue and the digital nomad scheme does not provide it directly. Indirectly is the only other way.
The PLP has certainly changed its spots – not long ago they complained about hotels getting tax breaks for renovations, and of course “Bermuda for Bermudians”.

]]> By: CB2 https://bernews.com/2020/10/afiniti-to-submit-approximately-90-applications/#comment-5387494 Thu, 29 Oct 2020 19:15:07 +0000 https://bernews.com/?p=1016706#comment-5387494 So.. Afiniti has it’s headquarters in Bermuda but will not need to apply for work permits? How does that add up? They are just moving to the Bermuda office.

]]> By: For a better Bermuda https://bernews.com/2020/10/afiniti-to-submit-approximately-90-applications/#comment-5387493 Thu, 29 Oct 2020 19:11:41 +0000 https://bernews.com/?p=1016706#comment-5387493 Great news. Well done to all involved!

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