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🏠 OVERVIEW
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 5yr Yes Optional
Business -- BMD 2,500,000 $2,500,000 5yr Yes Optional
Donation Charity/Government Fund BMD 2,500,000 $2,500,000 -- No Optional
📋 ELIGIBILITY
Min Age 18+
Criminal Record Check Required
Health Check Not required
Health Insurance Required
💼 WORK RIGHTS
Employment Allowed
Self-Employment Allowed
Own Business Allowed
Work Permit Included Yes
👨‍👩‍👧 FAMILY & DEPENDENTS
Dependents Allowed Yes
Spouse Included Yes
Parents Allowed No
💰 TAX DETAILS
Tax Regime Exempt
Tax Rate 0.0%
Regime Name Zero Income Tax
Foreign Income Taxed No
Capital Gains Taxed No
🏆 PATH FORWARD
Permanent Residency Yes
Dual Citizenship Allowed
Citizenship No
🌍 BENEFITS & MOBILITY
Bank Account Can open
Property Purchase Allowed
Public Healthcare No access
📝 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.

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