- Investment options updated
BM
Economic Investment Residential Certificate
Active
Exempt
Bermuda · EIRC · Golden visa · apply online · processing 30–90 days
Minimum investment
$25,000
6 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 indefinite Bermuda residency (Residential Certificate under BIPA s.32(5)) for a qualifying investment of at least BD$2,500,000 in real estate, the Sinking Fund, registered charities, local business equity, a new Bermuda business, or a Minister-approved venture. The 2026 Policy also requires a BD$25,000 charity donation unless the qualifying investment is already a BD$2.5M charity donation.
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 |
| Donation | Sinking Fund | BMD 2,500,000 | $2,500,000 | — | No | Optional |
| Donation | Registered charity | BMD 2,500,000 | $2,500,000 | — | No | Optional |
| Business | Existing Bermuda business | BMD 2,500,000 | $2,500,000 | 5 yr | Yes | Optional |
| Business | New Bermuda business | BMD 2,500,000 | $2,500,000 | 5 yr | Yes | Optional |
| Donation | Mandatory charity donation | BMD 25,000 | $25,000 | — | No | Required |
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
- Max child age
- 25
- 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
- online
- Processing time
- 30–90 days
- Apply from abroad
- Yes
Notes
Economic Investment Residential Certificate Policy 2026 took effect at the end of September 2026 (replacing the June 2024 policy). Bermuda Trust Fund contributions are no longer a qualifying investment. Investment must be made up front and maintained at BD$2.5M for five calendar years, with the holder and spouse each residing in Bermuda at least 90 days per calendar year for those five years; at year five the Minister confirms indefinite residency. Holder may reside and seek employment; automatic work-permit approval applies to a business into which they invested. Dependents (spouse; children under 18, or 18–25 in full-time tertiary education) may reside but need work permits to work. Fees: Policy 2026 cites BD$2,625 government application fee (the figure shown here) plus BD$10,000 BDA administration/due-diligence fee; the Immigration fee schedule lists BD$2,755 for s.32(5) residential certificates, so the two official sources conflict. BMD is pegged 1:1 to USD. Does not grant Bermuda status or British Overseas Territories citizenship.
Last verified Oct 9, 2026 Last changed Oct 10, 2026 Source