Minimum investment
$2,500,000
3 investment options
Stay
—
Application fee
$2,625
Tax
0.0%
Zero Income Tax
Path to staying
- Permanent residencypossible
- Permanent residency
- Citizenship
- Dual citizenship allowed
Overview
- Country
- Bermuda
- Program
- Economic Investment Residential Certificate
- Local name
- EIRC
- Type
- Golden visa
- Status
- Active
- Min stay
- 90 days per 12 months
Immediate Bermuda residency through a qualifying investment of at least $2,500,000 in real estate, government funds, local business, or charitable donations.
Investment options
| Type | Tier / zone | Min amount | USD equivalent | Holding | Returnable | Required |
|---|---|---|---|---|---|---|
| Real estate | — | BMD 2,500,000 | $2,500,000 | 5 yr | Yes | Optional |
| Business | — | BMD 2,500,000 | $2,500,000 | 5 yr | Yes | Optional |
| Donation | Charity/Government Fund | BMD 2,500,000 | $2,500,000 | — | No | Optional |
Eligibility
- Minimum age 18+
- Criminal record check required
- Health check not required
- Health insurance required
Work rights
- Employment allowed
- Self-employment allowed
- Own a business allowed
- Work permit included
Family and dependents
- Dependents allowed
- Yes
- Spouse included
- Yes
- Parents allowed
- No
Benefits and mobility
- Bank account can open
- Property purchase allowed
- Public healthcare no access
Tax
- Tax regime
- Exempt
- Tax rate
- 0.0%
- Regime name
- Zero Income Tax
- Foreign income taxed
- No
- Capital gains taxed
- No
How to apply
- Method
- in person
- Processing time
- 30–90 days
- Apply from abroad
- No
Notes
Replaced the original Economic Investment Certificate (EIC) on March 31, 2023. Investment must be maintained at $2.5M minimum for 5 years, with 90 days/year physical presence for those 5 years. Investment categories: residential/commercial real estate, Bermuda Sinking Fund or Trust Fund contributions, registered charity donations, equity in existing Bermuda-based businesses, new business launches, or Minister-approved social ventures. Holder can also seek employment. BMD is pegged 1:1 to USD.