Somerset Village

Somerset Village is a quaint, picturesque community located in the western part of Bermuda, known for its laid-back atmosphere and rich maritime history. This charming village is a hub of local culture and offers a glimpse into the traditional Bermudian way of life. With its pastel-colored houses, white-roofed buildings, and friendly locals, Somerset Village exudes a welcoming vibe that attracts both residents and visitors. The village is home to a variety of small shops, eateries, and pubs where one can enjoy local cuisine and socialize with the community. Somerset Village is also known for its proximity to some of Bermuda's most beautiful beaches, including the famous pink sand beaches, which are just a short distance away. The area is surrounded by stunning natural beauty, with clear blue waters and lush greenery, making it a perfect spot for outdoor activities such as swimming, boating, and fishing. The village's historical significance is highlighted by landmarks such as the Somerset Bridge, the world's smallest drawbridge, and the nearby Royal Naval Dockyard, which offers a rich cultural experience. Somerset Village provides a serene escape from the hustle and bustle of city life, making it an ideal place for those seeking a peaceful retreat with a strong sense of community.

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SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.

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SJB Global

SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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Click connect to have our partner contact you via e-mail and/or phone.

Visa & Residency

Obtaining a residency in Bermuda involves several steps and can be considered an average challenge compared to other countries. The most common way for expats to gain residency is through obtaining a Work Permit, which requires a job offer from a Bermuda employer. The employer must demonstrate that the position could not be filled by a local by advertising the job locally. Work Permits are granted for a specific period, usually one to five years, and can be renewed. Another option for expats is to apply for a Permanent Resident Certificate (PRC), which allows them to reside indefinitely in Bermuda. However, obtaining a PRC is more challenging and is typically available to those who have been legally resident in Bermuda for at least 20 years. For high net worth individuals, there is an option to obtain residency through an investment in the country, such as purchasing real estate, under the Residential Certificate policy. This process is expensive and requires the individual to demonstrate substantial annual income or have substantial assets. The process for obtaining a Work Permit involves submitting various documents, including a completed application form, a passport-sized photo, a copy of the information pages of the applicant's passport, proof of qualifications, job description, police certificate, and a chest x-ray and medical certificate. The employer is responsible for the application and must also provide a letter of employment. The Bermuda and Protection Act governs the issuance of work permits and the Department of Immigration oversees the process. It is important to note that Bermuda does not currently offer a specific visa for digital nomads. However, digital nomads who wish to work remotely from Bermuda can apply for a Work Permit, provided they have a contract with a company that allows remote work. The duration of their stay would depend on the specific terms of the work permit issued. Overall, the process of obtaining a residency visa in Bermuda requires careful planning and adherence to the specific requirements set out by the Bermuda government. It is advisable for potential expats to consult with the Department of Immigration or a legal professional specializing in Bermuda immigration law to navigate the process.

Cost of Living

The cost of living in Somerset Village is high, as it is part of Bermuda, which is known for its expensive real estate and high cost of goods and services due to imports.

Weather

Somerset Village experiences a subtropical climate with warm, humid summers and mild, temperate winters, making it an enjoyable destination throughout the year.

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