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Rank #1
Bermuda

Bermuda

LocationNorthern America • UTC-3 • Atlantic/Bermuda
Monthly Cost
$4,880
+123% vs USA
Internet
120 Mbps
Mobile Avg

Work Permit

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For professionals employed by a Bermuda-based company. Allows foreign workers to reside and work in Bermuda.

Min. Income

Not Specified

Per Applicant

Min. Income

Processing

1–3 Months

Average Time

Processing

Validity

1 Year

Initial / Renewable

Validity

Citizenship

Not Available

No direct path

Citizenship
Info

Eligibility & Required Docs

Eligibility Requirements

  • CheckmarkEmployment offer from a Bermuda-based company
  • CheckmarkClean criminal record
  • CheckmarkRelevant professional qualifications

Required Documents

  • CheckmarkValid passport
  • CheckmarkEmployment contract
  • CheckmarkPolice clearance certificate
  • CheckmarkProof of qualifications
Info

Residency Rules

Taxation

Residents on a work permit are not subject to personal income tax but must pay payroll tax through their employer.

Physical Presence

Must maintain employment with a Bermuda-based company and reside in Bermuda for the duration of the work permit.

Info

Advantages

  • Opportunity to work in Bermuda
  • No personal income tax
  • Access to a stable economy
Info

Disadvantages

  • High cost of living
  • Limited path to permanent residency
  • Strict employment regulations

Compare with

Cayman IslandsWork Permit
BahamasWork Permit
Barbados12-Month Welcome Stamp