What do I need to know when buying property in Bermuda?
When we asked expats what advice they would give a foreigner before buying a property in Bermuda, they said...
"When buying property in Bermuda, it is important to understand the local laws and regulations. It is also important to research the local market and be aware of any potential risks associated with the property. It is also important to be aware of the taxes and fees associated with purchasing property in Bermuda, as well as any restrictions on foreign ownership. Additionally, it is important to have a clear understanding of the process of purchasing property in Bermuda, including the steps involved and the timeline for completion. Finally, it is important to work with a qualified real estate professional who is familiar with the local market and can provide guidance throughout the process," commented one expat who made the move to Bermuda.
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Traveling Mailbox serves thousands of travelers, expats, digital nomads, businesses, individuals and others in over 47 Countries by scanning their postal mail so they can view it online anywhere in the world. They provide customer service 7 days a week so if you need assistance, it is just a phone call away. Traveling Mailbox works with Evernote, Bill.com and Dropbox. And, there are Traveling Mailbox apps available for iOS and Android devices.
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Click connect to have our partner contact you via e-mail and/or phone.
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What do I need to know when buying property in Bermuda?
If you live in Bermuda, newcomers to Bermuda would love to hear your answer to this question: