Bermuda is copying Barbados by offering one-year residencies to anyone rich enough to want to live there for a while to escape all the negativity generated by COVID-19. The British Overseas Territory is offering residencies for non-Bermudians to work, research or study on the island for a 12-month period. The portal to apply for a Residential Certificate is available on the government’s website; there is a one-time fee of $263.
Bermuda has a variety of diversions likely to pry those choosing to work from there away from their routines. There are nine top golf courses on the tiny island of 21 square miles, more per square mile than any other country in the world, along with the famous crushed coral pink sand beaches. But as a site of corporate offices, especially in the insurance industry, it also has an efficient phone and internet infrastructure, far better than usual in tropical surroundings. The island, which managed the pandemic better than most countries, also has good medical facilities.
Accommodation facilities are also in line with sophisticated tastes, including secluded villas, reasonable long-term hotel rates and rental properties.