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ARTICLE · 12 JANUARY 2016

Bermuda Makes It Easier To Become A Resident

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Bermuda has removed some of the eligibility requirements for a Residential Certificate making it easier for high net worth individuals to obtain permission to live in Bermuda indefinitely.

BermudaWealth Management

Bermuda has removed some of the eligibility requirements for a Residential Certificate making
it easier for high net worth individuals to obtain permission to live in Bermuda indefinitely. Individuals are no longer required to own residential property in Bermuda, or to have worked in Bermuda for the preceding five years.

Any individual over the age of 18 who is of good character and conduct is now eligible to apply to the Department of Immigration for a Residential Certificate, provided that they possess adequate health insurance coverage, are free of tuberculosis and have substantial means and/or have a continuous source of annual income without the need to engage in gainful occupation.

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