Expat Exchange
Free MembershipSign In

Bermuda Expat Forum

retiring to Bermuda

New Topic Newest First
slyvjames
  11/7/2006 01:44 EST

Hello everyone

I have been searching sites in the hope of finding out what the laws are regarding immigrating to Bermuda (we are retirees).

My son-in-law will be coming into a great deal of money within a couple of months, following a large injury lawsuit. He is permanently disabled so won't be working. His family consists of wife, 4 children (2, 9, 14, 15). My husband are also thinking of coming with them, and we are quite well off too.

Can we buy property on the island? If so, what would a large 5-6 bedroom cost? I realise cost of living is high but that won't be a problem.

Is the schooling good for the children? I see there is a limit of 2 children, but if the parents are wealthy, would this be a problem?

Any help you can give would be appreciated. We are all looking to retire to sun and sea, and Bermuda seems perfect. What are the drawbacks?

firstcontact
  11/14/2006 09:25 EST

Yes you can buy property but you have to apply to government for a license and you are limited to availability as you can only buy from a non-Bermudian.

Email me directly and I'll give you more information: [email protected]

Cindi

Allianz CareAllianz Care
Get Quote

Allianz Care's plans ensure that you have access to quality healthcare whenever you need it. Our flexible solutions allow you to tailor your cover to meet your needs and budget. You can submit your claims digitally and our helpline is available 24/7 to help you anytime.

Allianz CareAllianz Care

Allianz Care's plans ensure that you have access to quality healthcare whenever you need it. Our flexible solutions allow you to tailor your cover to meet your needs and budget. You can submit your claims digitally and our helpline is available 24/7 to help you anytime.
Get Quote

bahama
  2/14/2008 07:41 EST

Bermuda changed the immigration law since 1989 August and the immigration to Bermuda is no longer allowed, no matter how rich you are!

The only way to get a status is to marry with a local Bermudian, and wait for 10 years to become a long term resident (LTR).

Also, LTR is not allowed to buy the house on the island, as LTR is not Bermuda citizen. Non-Bermudian can only buy the house from non-Bermudian and the price should be USD2.3M and above (in 2006). Before buying the house, you have to get a license from government etc.

check from e-moo for the buying/renting information.

bahama
  2/14/2008 07:46 EST

Regarding to the school, your children can only stuyd in private school as they are not Bermudians. The tuition fee is around USD15K per year.

No limitation on no. of children. However, not many activities for the children due to the small size of the island.

Don't expect any fresh vegetable in the supermarkets, all are canned food. You have to buy the fresh from the farm and super expensive!

If you are looking for sunshine and beach, I suggest you to pick CA, but not Bermuda. All the shops close at 5pm and whole day on Sunday and public holidays.

mattearle
  4/24/2008 22:18 EST

You simply cannot do what you are proposing without tons of money and nobody will be able to work. 5-6 BR houses will be about $5M each. I think if you buy property (only a small portion of the most expensive property which foreigners are eligible to buy), you can live there but then you still have to apply for work permits for anyone that wants to work. I would be amazed if your whole lot are able to move here.

depotgrrl
  5/15/2013 12:33 EST

This is ridiculous. All the supermarkets have lots of fresh fruits and vegetables. (Miles Market in Hamilton, which is like Whole Foods, and Lindo's are the best.) There are plenty of activities for kids — many outdoors. All shops do not close at 5 p.m. though Sundays can be challenging if you're not prepared in advance.

Allianz Care
Allianz Care

Flexible solutions allow you to tailor your cover to meet your needs and budget. Use Promocode: LIFE10 and get 10% off your international health insurance for life!
Get Quote

Allianz CareAllianz Care

Flexible solutions allow you to tailor your cover to meet your needs and budget. Use Promocode: LIFE10 and get 10% off your international health insurance for life!
Get Quote

Living in Bermuda GuideLiving in Bermuda Guide

Expats in Bermuda have mixed feelings about living in Bermuda. Everyone loves the sunshine and beaches, but the high cost of living, one car per household law, limited job opportunities and gossipy expat social scene can make life challenging.

Bermuda Forum Bermuda Forum
Join our Bermuda forum to meet other expats and talk about living in Bermuda.

Contribute to Bermuda Network Contribute
Help other expats and newcomers by answering questions about the challenges and adventures of living in Bermuda.

Best Places to Live in Bermuda Best Places to Live in Bermuda

If you're thinking about living in Bermuda, here are the 15 Best Places to Live in Bermuda in 2023.

Healthcare in BermudaHealthcare in Bermuda

If you're planning to move to Bermuda or spend a year there, it's important to understand the healthcare system, doctors, hospitals and emergency care.

Cost of Living in BermudaCost of Living in Bermuda

Expats offer insight into the cost of living in Bermuda.

Moving to BermudaMoving to Bermuda Guide

Expats in Bermuda offer some excellent advice - and words of caution - about what it means to move to Bermuda. Housing, health care, basic tips and more are covered.

Guide to Real Estate in BermudaGuide to Real Estate in Bermuda

Advice for people renting and buying real estate in Bermuda.

Pros Cons of Living in BermudaPros & Cons of Living in Bermuda

Take off your rose-colored glasses and learn what expats have to say about the biggest challenges and the greatest rewards of living in Bermuda.

Retiring in BermudaRetiring in Bermuda

Advice for people retiring in Bermuda.

Visa and Residency BermudaBermuda Visa & Residency Guide

Bermuda introduced the Work from Bermuda Certificate on August 1, 2020. They are inviting people to spend up to a year working remotely from the island.

10 Tips for Living in Bermuda10 Tips for Living in Bermuda

If you've recently arrived in Bermuda, here are 10 tips for digital nomads living in Bermuda.

Allianz Care
Allianz Care

Flexible solutions allow you to tailor your cover to meet your needs and budget. Use Promocode: LIFE10 and get 10% off your international health insurance for life!
Get Quote

Allianz CareAllianz Care

Flexible solutions allow you to tailor your cover to meet your needs and budget. Use Promocode: LIFE10 and get 10% off your international health insurance for life!
Get Quote

Contribute to Bermuda Network Contribute
Help others in Bermuda by answering questions about the challenges and adventures of living in Bermuda.

Allianz Care
Allianz Care

Copyright 1997-2024 Burlingame Interactive, Inc.

Privacy Policy Legal