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Bermuda.

How Bermuda sells residence for investors (golden visa): 1 residence programme, open today. Every number and rule below links to the document it comes from.

10 documents and articles behind this page, listed at the bottom.

Residence

Sells the right to live in the country (a “golden visa”), sometimes leading to citizenship later. Bermuda: 1 residence programme, open today; 66 numbers, 21 prices and rules. Every country's residence programmes

All the numbers, sources and downloads for Bermuda in the data portal →

Does not lead to Bermudian status or citizenship by itself.

Status
Lowest price for one person
Last change
Residence·Open·since 2021

Economic investment residential certificate

Sells the right to live in the country (a “golden visa”), sometimes leading to citizenship later.

Citizenship. Does not lead to Bermudian status or citizenship by itself. (from the research notes below)

Official name: Economic Investment Residential Certificate (EIRC; Economic Investment Certificate and Residential Certificate policy until 31 March 2023)

Lowest price for one person: BD$2.5 million

BD$2.5 million in any qualifying investment (real estate, business, charity, Sinking Fund, Trust Fund), with spouse and dependants included. The government-bond option was removed on 9 June 2024. Fees excluded: BD$2,625 certificate fee.

Notes from the research

Ministerial policy under s.32(5) of the Bermuda Immigration and Protection Act 1956, not a separate statute. Investment of at least BD$2.5 million (real estate, new or existing business, charity, Sinking Fund, Trust Fund, other approved ventures; Government bonds until 9 June 2024). From 2021 to March 2023 investors first got a five-year Economic Investment Certificate, then could apply for a Residential Certificate; since 31 March 2023 the Residential Certificate (indefinite residence, automatic work approval for the investor's own business) is granted at once, subject to keeping the investment and spending 90 days a year in Bermuda for five years. Replaced the 2003 and 2015 Residential Certificate policies for wealthy retirees. Not a route to Bermudian status or citizenship by itself. Cumulative figures from the Ministry: 79 approved applications, 188 holders and $604.9m associated investment by 5 November 2025.

Valid investor-linked residence permits, all holders (stock), on a date
0501001502002023202420252026

The line follows the official figure for each date.

Expressions of interest submitted, on a date
0204060202120222023

The line follows the official figure for each date.

Investment intended (pipeline), on a date
0100m200m300m202120222023

The line follows the official figure for each date.

How they invest

Valid investor-linked residence permits, all holders (stock), by way of investing, on a date
Every group in the data is drawn. Each piece is one published number: click it for its source.
050100150200On 20 JunOn 5 Jun On 5 Nov
Real estateNew businessOther venturesExisting businessGovernment bonds Official total, all groups

Prices and rules

Ways in that apply today (minimum amounts)
Fees today

What is measured

  • Investment by programme investors25
  • Applications approved18
  • Valid investor-linked residence permits, all holders (stock)16
  • Expressions of interest submitted2
  • Investment intended (pipeline)2
  • Golden visas issued2
  • Processing time1
Gaps

What we know is missing

  • No yearly figures at all for applications or people let in or money raised.

A gap means no figure is in our data: either it was never published or we haven't found or read it yet. Charts leave gaps open rather than drawing across them.

Explore

All the numbers we have for Bermuda

66 numbers about Bermuda's residence programmes. Pick a programme and what you want to see. Each dot is one number from one document; click anything to open its source.

Timeline

What happened, and when

Sources

The 10 documents behind this page

The stories behind the numbers

Who buys passports and golden visas, what they cost, and what happens when governments change the rules. Written from this data, in the newsletter.

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