Bermuda (DNV)
Work from Bermuda Certificate
Launched 2020.
- Income req
- —
- Initial validity
- 1 yr
- Renewable
- Yes
- Application fee
- $263
- Permit fee
- $0
- Processing
- 1 wks
- Path to PR
- No
- Path to citizenship
- No
Income requirements
Self-attestation of remote work; no codified threshold
No statutory income floor. Bermuda assumes applicants self-fund (cost of living among world's highest).
Tax treatment
- Becomes tax resident: Bermuda has no PIT; tax residency irrelevant for income
- Special regime: Zero PIT
- Foreign income: No income tax. 1% payroll tax for employers; consumption taxes apply.
Zero-PIT zone. Recent OECD Pillar 2 implementation (2025) targets 15% corporate tax on large multinationals only — does not affect individuals.
Remote work requirements
- Must work for foreign employer: Yes
- Local clients allowed: No
- Local employment allowed: No
- Self-employed accepted: Yes
- Salaried vs freelance: both
Family inclusion
- Spouse: Yes
- Children under 18: Yes
- Dependent adult children: No
- Parents dependent: No
Family members covered under single application.
Path to PR & citizenship
Permanent residency
- Available: No
Work from Bermuda does NOT lead to PR. Bermuda PR (Permanent Resident's Certificate) requires 20+ years residence under separate scheme.
Citizenship
- Available: No
British Overseas Territory citizenship via Bermudian status — extremely restricted; not for DNV holders.
Eligibility requirements
- Age 18+
- Active remote employment or self-employment for non-Bermuda entity
- Clean criminal record
- Health insurance valid in Bermuda
- Bermuda accommodation
Disqualifiers
- Bermuda employer
- Sub-USD-coverage health insurance
Recent changes
- 2020-08
Bermuda 'Work from Bermuda' certificate launched — one of the first nomad stamps.
- 2024-2025
Programme stable; renewable indefinitely in practice.
Notes
Bermuda DNV = zero PIT + indefinite renewability + Atlantic location. Drawback: cost of living among world's highest (Bermuda ranks #1-3 in cost-of-living indexes; rents USD 4-8K/mo). Best for HNW remote workers.
EasyPassport is a document-organization tool focused on citizenship by descent. This page is reference research, not legal or financial advice. Always verify with the official program authority.