Ragweed doesn’t grow in Bermuda, but grasses and flower pollens can cause mild irritation for some visitors. With our humid climate, mould and mildew may also occasionally be an issue.
Golfers, take note: if you lose a ball in deep rough, don’t go diving after it. Bermuda does have poison ivy, which can cause a nasty skin rash.
The good news: Bermuda has no snakes, and those pesky biting insects that plague much of the U.S. East Coast — such as horse flies, deer flies, and no-see-ums — are virtually absent here. While you may encounter the occasional mosquito, they are not common, and rarely spoil an evening outdoors.
Things you can relax about: no venomous wildlife, no snakes, and very few bothersome bugs. Eating and entertaining alfresco is usually a pleasure.
Office Work and Meeting Spaces
Located in the heart of Hamilton at 22 Queen Street, Altura offers modern, fully equipped spaces for work and meetings. Rooms accommodate groups from 4 to 20 and can be booked by the hour or day, with layouts ranging from boardroom style to collaborative lounges. Hot-desks are also available by the hour, day, or week, providing a convenient option for visiting professionals.
In addition to meeting rooms and coworking areas, Altura features an on-site gym, changing and shower facilities, and a fully equipped kitchen — giving teams space to work, connect, and recharge.
www.altura.bm
CONSULS IN BERMUDA
The U.S. Consulate in Bermuda offers full consular services with permanent staff, while the other honorary consuls listed here serve part-time, assisting their citizens with basic support such as emergencies, document certification, or embassy referrals.
Austria Katarina Hoskins 494-4019
WEATHER REPORT
Maximum air temperature (°C/°F)
Jan
Sea temperature (°C/°F)
Jan Apr July Oct 17 18 26
Relative humidity (%)
Jan
Based on 10-year
Belgium Phillippe Dutranoit 232-3902
Canada Isabelle Ramsay-Brackstone 293-0627
Denmark Bent Poulsen 295-4806
Finland John Riihiluoma 295-2244
France Nicole Haziza 777-5557
Germany Jens Alers 295-0614
Ireland ohn Kane 295-65/4
Italy Sabrina Di Meglio 296-9884
Jamaica Winston Laylor 295-5264
Mexico Rod Attride-Stirling 296-8314
Netherlands Marijke Peterich 236-4578
Norway CN A Butterfield 295-5519
Portugal Andrea Moniz 292-1039
Spain Nola Dean 295-3062
Sweden Jens uul 293-7242
Switzerland Fabian Schonenberg 295-5588
United States Antoinette Hurtado 295-1342
PREFLIGHT CHECK
Car and Scooter Rentals
You won’t see Hertz or Avis at the airport, but you can rent small electric cars in Bermuda. These vehicles are fun to drive, come with air conditioning, stereo systems, and back-up cameras, and have a range of nearly 70 miles—more than enough to get you around the island in a day. At night, simply plug in and recharge at your hotel. Electric cars are available from Oleander Cycles (www.oleandercycles.bm/rentals) or www.bermitime.com
Scooters are also available for rent, but please exercise extra caution. Bermuda’s
roads are narrow, winding, and sometimes in less-than-perfect condition. We also drive on the left, and there is a strict 22 mph (35 kph) speed limit, with tough drink-driving penalties. While scooters can be a convenient way to get around, accidents involving visitors are unfortunately very common. If you do choose this option, be sure you are confident on two wheels, always wear a helmet (that’s the law), and ride with the utmost care. Rentals are available from Oleander Cycles and www.scootermartrentals.bm
Staying Connected
Bermuda has three cell phone providers: ONE (700-7000), Digicel (500-5000), and Paradise (900-9000). All three offer 5G service and have international roaming agreements, which most mobile devices will connect to automatically. Do check roaming charges, though, as they can be substantial.
SIM, eSIM, and prepaid options are also available from all three providers. Bermuda’s area code is 441.
Wi-Fi is widely available — all hotels provide it, and many coffee shops and cafés in Hamilton and around the island offer free access. Free Wi-Fi is also available at the airport.
Business Hours
Generally, business, professional, and government offices operate from 9:00 a.m. to 5:00 p.m., Monday to Friday.
Most retail shops are open from 10:00 a.m. to 5:00 p.m., Monday to Saturday, with a few offering limited hours on Sundays.
Grocery stores vary: most open from 7:00 a.m. to 9:00 p.m., Monday to Saturday, and some operate on Sundays with slightly reduced hours.
Heads-Up: Holidays That Pause the Island
Bermudians take their holidays seriously — and often start celebrating the day before. Every public holiday means different things: parades, cricket, music, beach gatherings, and a near-island shutdown. So, when planning your business trip in 2026, try to avoid:
• Jan 1 (New Year’s Day)
• Apr 3 (Good Friday)
• May 22 (Bermuda Day)
• Jun 15 (National Heroes’ Day)
• Jul 30–31 (Emancipation Day / Mary Prince Day – aka Cup Match)
• Sep 7 (Labour Day)
• Nov 11 (Remembrance Day)
• Dec 25–26 (Christmas / Boxing Day — and note: Boxing Day will be observed on Dec 28 since the 26th falls on a Saturday)
So don’t arrive on any of these dates expecting “business as usual.” But if your trip happens to coincide with one of these holidays, you’ll almost certainly be invited to join the celebrations.
Plan your meetings carefully — Bermuda takes its holidays seriously. Each summer, the island closes down for two days of Cup Match cricket, celebration, and community spirit.
PREFLIGHT CHECK
Permission to Work in Bermuda
Business visitors attending meetings, conferences, or other shortterm activities may enter Bermuda as regular visitors for up to 30 days, provided they are not taking up local employment.
For longer or more substantive assignments, a work permit is required. There are currently seven categories of work permits, all of which must be applied for by the Bermuda employer. Individuals cannot apply for their own permit, with the possible exception — depending on circumstances — of the Global Entrepreneur Work Permit.
Your employer, or the Bermuda-based company wishing to engage you, should apply in advance for the appropriate permit through the Department of Immigration. Full details are available at: gov.bm/department/immigration
Travel Tip: Bermuda Arrival Card
All non-resident visitors arriving by air or yacht must complete the free digital Bermuda Arrival Card before arrival. The form takes only a few minutes to complete (passport details, travel dates, and accommodation are required). Once submitted, you will receive a confirmation email or downloadable copy to present to Immigration.
Occassionally, these may be handed out on your arriving airline flights, but if not, hard-copy forms are available in the airport arrivals hall, before you immigration and customs, for those who haven’t completed the process in advance. The digital form can be found at: www.bermudaarrivalcard.com
Clearing Customs
As a visitor arriving in Bermuda, you are entitled to certain duty-free allowances for tobacco, alcohol, and personal goods. Adults (18+) may bring in 200 cigarettes, 50 cigars, 0.5 kg tobacco, 1 litre of wine, and 1 litre of spirits without paying duty. In addition, you have a $50 (Bermuda dollars) allowance for other personal goods brought into the island, such as gifts.
Items—such as fruits, vegetables, live animals, or plants—are not permitted without permits and must be declared upon arrival. If your goods exceed the duty-free limits, a duty of 25% on the excess value typically applies.
You’ll receive a Customs Traveller Declaration (Form 98) (often handed out on the aircraft or available in the arrivals hall). If you need to declare items or pay duty, visit the Customs Cashiers with your declaration. They are located near the baggage carousels in the arrivals hall — after you have passed through immigration. When you have paid your duty and collected all of your bags, proceed through the red channel to exit. Alternatively, if you have nothing to declare (goods within the allowances, no restricted items), you may use the green channel and exit without further processing.
TAXIS
All taxis are metered at governmentset rates. For a 1-to 4-passenger taxi: $7.90 for the first mile, $2.75 for each additional mile. For a 5- to 7-passenger taxi: $9.95 USD for the first mile, $3.50 USD for each additional mile. Between midnight and 6 am, and all day on Sunday and on public holidays, fares are 25 percent higher for 1- to 4-passenger taxis, and 50 percent higher for 5- to 7-passenger taxis. The sightseeing rate is $50 per hour for a 1- to 4-passenger taxi or $70 per hour for a 5- to 7-passenger taxi. Tip 10%- 15%. Call 295-4141 or hail a cab with its yellow light.
Uber and Lyft don’t operate in Bermuda. In August 2025 the Bermuda Taxi Owners and Operators Association launched BTOA Connect, a customer app that lets you book a taxi directly. The app is free to download on both iOS and Android.
YOUR HEALTH
OUR PRIORITY
WORTHWHILE WEBSITES
www.bermudaairport.com
www.weather.bm
www.bermudachamber.bm
www.gotobermuda.com
www.gov.bm
www.bma.bm
www.royalgazette.com
www.marineandports.bm
www.bermudamedia.bm
Updated flight times and details
Local weather forecast
Chamber of Commerce resources
Official tourism site
Official Bermuda Government site
Bermuda Monetary Authority
Local daily paper
Bermuda ferry schedule
Independent media organisation
www.registrarofcompanies.gov.bm To check registered companies
www.cityofhamilton.bm
Official site of the island’s capital
Weather.bm — Bermuda’s go-to site for storm tracking, radar watching, and guessing when the rain will finally stop
The Phoenix Centre
3 Reid Street, Hamilton HM 11
Tel: 295-0698
Fax: 295-2636
Woodbourne Chemist
1 Gorham Road, Pembroke HM 08
Tel: 295-1073
Fax: 292-0230
Clarendon Pharmacy
31 Victoria Street, Hamilton HM 10
Tel: 295-9137
Fax: 292-2265
King Street Pharmacy
38 King Street, Hamilton HM 11
Tel: 279-5101
Fax: 279-5102
Collector’s Hill Apothecary
2 South Road, Smith’s FL 08
Tel: 279-5512
Fax: 236-9054
Paget Pharmacy
Rural Hill Plaza, 130 South Road, Paget PG 06
Tel: 279-5510
Fax: 236-9057
Warwick Pharmacy
49 Middle Road, Warwick WK 05
Tel: 279-5556
Fax: 236-8625
Dockyard Pharmacy
Royal Naval Dockyard
Sandys MA 01
Tel: 279-5515
Fax: 279-5528
» Prescriptions & Over-The-Counter Medications
» Free Prescription Delivery
» MDS Blister Packaging Service
» Compounding Pharmacy Service
» Over-The-Phone & Online Prescription Refill Service
» Special Order Service For Medications
» Medication Reviews & Usage Counselling
» On Call Express Glucometer & Supplies
100% Covered by Argus & BF&M
» Free Blood Pressure Monitoring
» Free Drug/Medical Waste Disposal
» Weight Monitoring
» Healthy Lifestyle Advice
» Health & Beauty Aids
» Vitamins & Supplements
» Dental & Optical Care
» Seniors Save Wednesdays
» Charge Card & Customised Gift Card Service
» Open Daily & Holidays
» 8 Convenient Locations Island-wide
PREFLIGHT CHECK
FLIGHT PLAN
Getting here is easier than you might think — and often faster than crossing a U.S. state line. For the latest flight information, visit www.bermudaairport.com
In summary, the following airlines currently serve the island:
From the U.S. and Canada
Bermuda is connected to major East Coast cities by American Airlines, United, Delta, JetBlue, and Air Canada. Regular routes operate from Boston, Miami, Atlanta, Charlotte, Philadelphia, Newark, New York, and Toronto.
Most flights depart the U.S. East Coast in the morning, arriving in Bermuda by early afternoon. They then turn around and return to the East Coast in time for early evening arrivals. The main exception, at press time, is American Airlines’ Miami flight, which departs early evening, overnights in Bermuda, and returns to Miami the following morning.
Flight times are short and convenient
U.S. Preclearance
If you’re returning to or traveling via the United States, Bermuda offers a major advantage: U.S. Customs and Immigration preclearance. Fewer than a dozen airports worldwide have this program. It means you complete all U.S. customs, immigration, and security checks before you depart Bermuda, so when you land in the U.S. your onward travel is seamless. No lines, no extra immigration or security checks. You’ll also enjoy our modern $250-million airport terminal, which opened in 2020.
— under two hours from New York or Philadelphia, and about three hours from Miami or Atlanta.
From the U.K.
British Airways operates Bermuda’s only nonstop transatlantic service, flying from London Heathrow.
The flight arrives in Bermuda in the early evening, with the return leg to Heathrow an overnight “red-eye.” Flight time is approximately seven hours. Service operates daily during the summer and four to five times weekly in winter, providing the island’s sole direct link with Europe.
BermudAir
Launched in 2023, BermudAir began as a business-focused carrier using two Embraer E175 jets on routes to New York. It quickly shifted its model to leisure travel, targeting destinations not well served by major US and Canadian airlines.
In October 2025, the airline announced an ambitious schedule with four aircraft serving 12 destinations, New York (LaGuardia, Westchester, Newark), Boston, Baltimore/ Washington, Orlando, Charleston, Raleigh/Durham, Richmond, Toronto, Montreal and Halifax. Most routes are planned for twice-weekly service, with no daily flights.
However, based on past experience, travellers should expect adjustments as BermudAir evaluates passenger loads — the airline has frequently revised its schedules in the past — and travellers are advised to check carefully before booking.
As a start-up, BermudAir is still finding its footing. Schedules and destinations remain fluid, and with its small fleet, cancellations are not uncommon — so it’s best to check the latest schedules at bermudaairport.com
The airline has also faced publicity around its finances, including a legal dispute with Skyport, the airport operator, over unpaid fees.
PREFLIGHT CHECK
What
You’ll Recognise
Electricity: Just like in the U.S. and Canada — 110 volts, 60-cycle AC. Computers, phone chargers, and other appliances from North America can be plugged in as normal and will work without any issues.
UK and European chargers will require an adaptor. Money: The Bermuda dollar is on par with the U.S. dollar, and American cash is accepted everywhere. Shops, restaurants, and hotels don’t take other currencies, but most major currencies can be exchanged at local banks at fair rates. Full-service ATMs are easy to find, with HSBC and Butterfield offering a few that also dispense U.S. dollars.
Television: Local cable carries plenty of U.S. programming, so if you’re an NFL, NHL, NBA, or MLB fan, you won’t miss a game. English Premier League soccer is also big here, with matches shown at sports bars across the island.
Couriers: The big names — FedEx, DHL, and UPS — are all here and fully operational.
What’s Different Here
Driving: Bermudians drive on the left side of the road, and rental cars are limited to small two-seaters. Scooters and e-bikes are popular but require extra caution — roads are narrow and winding. Speed Limits: They may feel slow — the maximum is 22 mph (35 km/h) island-wide.
Dress Code: Casual is fine at the beach, but in town, beachwear isn’t appropriate. Smart-casual is the norm in restaurants and business settings.
Tipping: At almost all restaurants, a 15% or 17% tip is automatically added to the bill, o check before adding more. There is no need to tip hotel staff individually as most
resorts assess a fixed gratuity on the final bill. In addition all hotel room rates are subject to a 7.25% hotel occupancy tax. Taxi drivers and hotel staff usually receive 10–15%.
Sales Tax: Bermuda has no sales tax.
Weather: The sub-tropical climate means no central heating in most buildings — bring a light sweater for cooler winter evenings.
Bermuda uses the same 110-volt outlets as the U.S. and Canada — no adapters needed for your devices from North America
Visitors take note — Bermuda’s top speed limit is just 35 km/h
FACTS & FIGURES
Bermuda’s vital statistics
GEOGRAPHY
Islands in archipelago
Farmland: 735 acres
Capital: Hamilton
Climate: sub-tropical, frost free
Nearest mainland: Cape Hatteras, North Carolina, US. 651 miles
POPULATION
for the development of casino gaming in hotels. Where and when the first casino will open is still uncertain.
TRANSPORT
Road Vehicles: 49,997
Accidents: 1,106
Road Casualties: 647
Road Fatalities: 13
Source: Bermuda Digest of Statistics, 2024 by Government of Bermuda
Until recently, the only form of gambling allowed in Bermuda was at Crown and Anchor stalls at major cricket matches. However, in 2014, legislation was passed which allows
Gibbs Hill Lighthouse stands 362 feet above sea level — the highest point on the island. Built in 1844, it is one of the few in the world made of cast iron.
Talking Points: What’s Shaping Bermuda Today
For visiting business professionals, Bermuda is often seen as a tranquil, efficient place to do business — and it is. Yet beneath the pink-sand beauty and polished reputation, the island wrestles with challenges and opportunities familiar to any modern nation. From new tax policy to infrastructure woes, political shifts to climate resilience, these are the topics that might come up over lunch at the Hamilton Princess, during cocktails at Coral Beach or golf at Mid Ocean Club. Here’s a quick briefing on what’s being talked about on the Rock.
Corporate Income Tax
Bermuda introduced a corporate income tax in the 2025/26 fiscal year, marking one of the most significant shifts in its economic policy in decades. The measure is expected to generate $187.5 million in its first year, rising to around $600 million annually by 2026/27.
The move aligns Bermuda with international tax reform initiatives,
particularly those led by the OECD, which aim to implement a global minimum tax to curb profit shifting and tax base erosion.
To oversee the new system, a Corporate Income Tax Agency has been established, alongside a bi-partisan Tax Reform Commission (TRC) tasked with recommending how the new revenues should be used.
The TRC proposed four key areas of focus: fiscal stability, cost of living and doing business, community development and equity, and economic growth and job creation. Among its ten recommendations were the creation of a $100 million stability fund, reductions in payroll tax, $200 million a year for debt reduction, utility tax relief, and a low-income healthcare subsidy.
The 2025 General Election
In a surprise January announcement, Premier David Burt called a General Election, catching many off guard — most
had expected a pre-election Budget in February.
When votes were counted on February 18, the ruling Progressive Labour Party (PLP) won 25 seats, down five, while the opposition One Bermuda Alliance (OBA) gained five, finishing with 11 seats in the 36-member House of Assembly.
It was the PLP’s third consecutive victory, continuing its dominance — the party has governed for 23 of the past 27 years, with the OBA’s sole win coming in 2012.
The election fielded a record 110 candidates, including 36 each from the PLP and OBA, 10 from the Free Democratic Movement, one from the Emperial Group, and a remarkable 27 independents.
Despite that breadth of choice, voter turnout was low, at just under 55 per cent. The PLP retained power but secured fewer total votes than the opposition parties combined.
In the aftermath, OBA leader Jarion
Elbow Beach looks set for renewal, with demolition planned for 2026 and groundbreaking on new construction in 2027
BRIEFING
Richardson stepped down and was replaced by MP Robert King. Premier Burt, meanwhile, has announced that the 2025 election will be his last; he intends to step down as PLP leader at the party’s delegates’ conference in October 2026.
Infrastructure
Few topics stir conversation like Bermuda’s infrastructure, which is visibly ageing in places. Despite the tireless efforts of the Department of Public Works, potholes continue to reappear almost as fast as they are filled — particularly after heavy rains.
Road conditions have been further affected by Belco’s ongoing project to place power cables underground. Many of these trenches remain only partially resurfaced, leaving uneven roads in their wake.
Government has promised increased investment, but at $1 million per mile, resurfacing Bermuda’s 100 miles of roadway is no small expense. Motorcyclists, in particular, feel every bump.
Bridges, too, are showing their age. The temporary-looking Longbird Bridge,
linking the airport to the Causeway, is indeed a temporary military bridge. Nearby, the Swing Bridge no longer swings — it’s worn out. Fortunately, replacement plans are well advanced, with construction expected to cost around $20 million.
Hotels and Tourism Investment
While infrastructure struggles, tourism development offers brighter news. Bermuda has seen a renaissance in hotel investment: the St. Regis Bermuda Resort, The Loren, and Azura have all opened in recent years.
The Hamilton Princess & Beach Club continues to impress, not only as a luxury property but as a cultural showcase, featuring works by Picasso and Banksy — its guided art tour is highly recommended.
The long-shuttered Southampton Princess is being revived by Gencom, with a planned $560 million renovation. Given the hotel once accounted for nearly a quarter of all air arrivals, its reopening will be a major boost for tourism and jobs.
Nearby, Elbow Beach also looks set
for renewal: after years of vacancy, it has been purchased by the Loren Group, which plans demolition in 2026 and groundbreaking for a new resort in 2027.
Cost of Living
No topic resonates more deeply with locals than the cost of living. With nearly all goods imported, Bermuda remains a price-taker.
Housing costs top the list of concerns, followed by electricity and groceries. Despite an estimated 6,000-person emigration in recent years, the housing shortage has worsened as average household size declines.
In response, government has appointed a Minister for Housing and convened a Cost-of-Living Summit to explore solutions. One initiative involved converting the Bermudiana Beach development — originally planned as a hotel — into long-term rental units aimed at international business workers.
Rents range from $3,800–$4,600 per month for studios to $6,500–$7,600 for three-bedroom units, a move intended to ease market pressure for Bermudians by redirecting demand.
King Edward VII Memorial Hospital — at the centre of Bermuda’s ongoing healthcare reform aimed at expanding access and controlling costs.
Climate Change
Bermuda’s exposure to climate change is real and growing. Rising sea levels and increasingly powerful hurricanes are key threats.
A 2024 government-commissioned report, Bermuda and Climate Change, identified 2,130 buildings at risk — about six per cent of the total — with 326 in critical danger. Vulnerable sites include key infrastructure such as the Belco power plant.
A 2021 MIT study found that major hurricanes (Categories 3–5) in the Atlantic have become more frequent and intense over the past century, a trend linked to warming ocean temperatures.
Social Ills
For all its affluence, Bermuda faces familiar social challenges. Gun crime, homelessness, and road fatalities remain persistent issues.
Police estimate up to 11 gangs operate on the island, with around 200 active members. Since 2020, gang violence has been linked to nearly 50 murders, most tied to turf disputes,
Six More Issues on Bermuda’s Radar
• Economic momentum: Bermuda’s international business sector continues to dominate GDP, but new tech, fintech, and climate-risk initiatives are diversifying the economy.
• Labour market: The island’s unemployment rate remains low, but skilled labour shortages persist in construction, IT, and healthcare — driving discussions about immigration and work-permit reform.
• Education reform: The Government is phasing out middle schools and transitioning to a two-tier primary/secondary system — a major structural change that’s generating local debate.
• Healthcare overhaul: A long-discussed restructuring of the island’s healthcare financing system is underway, aimed at expanding access and controlling costs — one of Bermuda’s biggest domestic policy challenges.
• Environment & energy: Belco is working toward a 2035 renewable-energy target, including solar and offshore wind studies, part of a national drive to reduce fossilfuel dependency.
• Population growth: With an aging population and outward migration, the Government is exploring ways to attract new residents — including international entrepreneurs and remote workers — to sustain economic growth.
though innocent victims have also been caught in the crossfire. More than 40 cases remain unsolved.
Homelessness, while often hidden, affects an estimated 1,000 people — many couch-surfing, living in tents, or in unsuitable housing. Rising rents
make recovery difficult. Road safety is another concern: tailgating, speeding, and drinking and driving remain too common. Over the past decade, Bermuda has averaged 11 road deaths per year, according to the Bermuda Digest of Statistics 2023. n
Bermuda’s fossil fuel–reliant BELCO has set a 2035 renewable target — yet electricity costs remain a current concern
The Authentic Bermuda Short WHAT TO WEAR
When it comes to office attire, Bermuda shorts are the goto garment in the warmer summer months and although most dress codes have relaxed over the years, the century-old tradition and fashion of the Bermuda suit has remained the same.
Bermuda shorts are typically worn three different ways which are dictated by
dress code and occasion.
Traditional Formal
For formal attire, a tie may be required, so select one with colours complementary or contrasting to your shorts. Same rule applies to the knee socks, but we recommend the traditional navy. Your black or brown dress shoes should match your belt. A crisp, pastel dress shirt works with most colours.
The Shoreby, TABS take on the Bermuda blazer, which is both lightweight and stylish, will finish the look.
Business Casual
For a more relaxed dress code, replace the knee socks, dress shirt and shoes with no-show socks, loafers, and a smart-casual button-up or polo shirts for an easy outfit.
You may want to keep your TABS Shoreby blazer on hand for the cooler venues or offices. A quarter-zip sweater or vest is also a popular choice.
Dress for comfort and style in TABS shorts on the weekend. TABS pair well with a polo or T-shirt, sneakers or cleats and a quarter-zip pullover or gilet for when the temperature drops.
Visit TABS at 12 Reid Street in Hamilton and they’ll help you step out in Bermuda style.
No matter the occasion, TABS will have you looking your best. www.tabsbermuda.com
Boardroom to beach: business dressing in Bermuda
One thing is certain—many business visitors arrive in Bermuda dressed in black worsted wool suits and leave in pink shorts! While traditional corporate attire is respected here, Bermuda’s business centers showcase a mix of tailored suits and smart, island-style looks.
One unchanging “rule” is that color is never out of fashion in Bermuda. Surrounded by pastel-hued buildings and vibrant flowers, opting for colorful attire becomes a natural choice. Pink, for example, is an equal-opportunity color on the island, often seen in shorts, socks, and shirts—perfectly respectable for businessmen.
For the Gentlemen:
If your business requires a formal look, a lightweight suit is ideal. Tropicalweight wool works well in winter, but for the warmer months, linen or cotton is preferable in Bermuda's humidity. For a "corporate casual" approach, a navy
WHAT TO WEAR
blazer paired with khaki trousers is always appropriate. Worn with a collared shirt in any color and a tie when needed, this look transitions seamlessly from work to social events.
During the summer, ties are often set aside, but a colorful silk pocket square in the breast pocket of your blazer adds a dash of island flair.
Shorts in the Boardroom? Absolutely.
Yes, Bermuda shorts are standard
business attire here. Cool, comfortable, and distinctive, they form the centerpiece of the 'Bermuda look.’ However, they must be styled appropriately depending on the occasion, and getting the details right is crucial.
For advice, we turn to the experts at The English Sports Shop, established in 1918 and renowned as the home of the Original Bermuda Shorts. While they offer a wide range of business attire, including formal suits and khakis, their Bermuda shorts stand out. Available in
proprietary linen blends or casual cotton and a variety of colors, these shorts are a staple in Bermuda’s business dress, favored for their timeless elegance and comfort in the heat.
When dressing for a formal environment, pair Bermuda shorts with a navy or crisp linen blazer and a dress shirt. Knee socks, in navy or a coordinating color, complete the look, striking the perfect balance between formal and relaxed.
For less formal occasions, like a meeting on one of Bermuda’s scenic golf courses, try their Bermy shorts in colorful cotton, paired with a classic polo featuring the Bermuda crest. In these casual settings, knee socks are not required.
For the Businesswoman: Bermuda’s business environment is more formal than the Caribbean and is
comparable to major cities. To make a strong impression, stick to classic styles, but don’t shy away from color and prints. Keep the climate in mind by choosing lightweight fabrics like linen or cotton. Heavy, synthetic materials are not recommended, and silk doesn’t perform well in the humid summer months. Stockings aren’t necessary, and open-toe shoes are suitable, though casual sandals should be avoided. Evenings are typically more formal, so be ready to dress up for dinner.
WHAT TO WEAR
Shorts at the Office?
According to The English Sports Shop, women can wear shorts to the office, but only if you're confident they’ll be wellreceived, as it’s less traditional for women than men. The same rules apply as for men: shorts should be knee-length, loosefitting, and made from a formal fabric. Always pair them with a matching blazer and dress shoes for business occasions. n
The ultimate British experience, right here at Marks & Spencer in Bermuda.
WHY WE ARE HERE
A Perfect Balance of Business and Lifestyle
Claude Lefebvre’s introduction to Bermuda came in the late 1980s, when he visited his brother who was working on the island.
What struck him then has stayed with him ever since: the sheer beauty of the place, the pace of life, and the professional opportunities that seemed to flow naturally from its shores.
“I remember thinking this would be an incredible place to live and work,” Mr Lefebvre recalls. “I could genuinely see myself moving here one day.”
Nearly two decades later, in 2006, he made that vision a reality.
Today, Lefebvre is Managing Partner and Co-Founder of Helix Underwriting Partners Ltd., the first Bermuda-based multi-line managing general agent (MGA).
His path to this role reflects a deep well of experience. A qualified Canadian actuary, he has served as a broker, underwriter, and entrepreneur. He also co-founded SAC Re, which later became part of the Hamilton Insurance Group under the leadership of Brian Duperreault.
From his vantage point, Bermuda remains a truly unique environment for global insurance and reinsurance.
“Bermuda offers a unique combination of regulatory sophistication and agility wrapped in an innovation-friendly framework,” he says. “It allows new products and structures to come to market quickly.”
That mix, he argues, is difficult to replicate elsewhere. “This regulatory advantage, combined with tax efficiency and a concentration of insurance expertise, creates an environment where ideas can be tested and implemented faster than in larger, more bureaucratic markets.
“The ease of doing business here, from the quality of professional services to the accessibility of decision-makers, makes Bermuda genuinely unique in the global insurance landscape.”
It is a compelling case for why so many international firms continue to choose Bermuda as their base. But Mr Lefebvre is equally clear about the island’s attraction for the people who come to work here.
“For employees, Bermuda offers exceptional appeal as it is beautiful, clean, and safe — without the frustrations of long commutes,” he says. “The quality of life is outstanding, with tax advantages and direct access to the industry’s top
professionals.
“It’s rare to find a place that offers such a combination of personal and professional benefits.”
Of course, no jurisdiction is without its challenges. Mr Lefebvre points to the high cost of living and access to housing as two of the most persistent issues, compounded by the limited size of the local talent pool. Yet he also notes that solutions are evolving.
“The island has been progressing toward a more flexible work model, with remote work and outsourced services becoming increasingly prevalent,” he explains. “This evolution allows businesses to access global talent while maintaining Bermuda’s operational advantages.”
Still, he acknowledges, the fundamentals of cost and housing remain areas that require continued attention.
What sets Bermuda apart most clearly, in Mr Lefebvre’s eyes, is the way business and lifestyle intertwine. The island’s natural beauty and year-round climate encourage an outdoor way of living that blends seamlessly with professional life.
“Bermuda offers an amazing quality of life where the boundaries between work, rest, and play naturally blend,” he says.
The international community on the island also creates a distinctive social fabric. For many expatriates, the absence of extended family could feel like a loss, but in Bermuda, it often becomes a strength.
“With its large expatriate community, the Bermuda experience is unique in that it allows for the development of strong bonds in the absence of a support network,” Mr Lefebvre reflects.
These relationships, forged through both professional connection and personal camaraderie, often become lifelong friendships.
“They go beyond typical professional networking, creating deep, lifelong personal connections that enrich both business and personal life,” he says.
For Mr Lefebvre, then, the reasons for being here are both professional and personal. Bermuda provides the perfect blend: a globally competitive insurance market that rewards innovation, alongside a quality of life that is hard to match.
It is why, all these years after that first visit, he remains convinced he made the right choice. n
Building a Career, Finding a Home
When Laura Taylor first set foot on Bermuda’s shores in October 2000, the sight of crystal-clear waters glinting blue and green stopped her in her tracks.
More than two decades later, that view still has the power to take her breath away. Yet it is not just the beauty of the island that has held her here; it is the people, the business climate, and the sense of community that have made Bermuda her home.
Ms Taylor is President of Nephila Holdings Ltd., one of the world’s largest insurance-linked securities (ILS) managers. She joined the firm in 2004, shortly after it spun out as an independent investment company with just $500 million in assets under management.
Today, Nephila sits at the heart of Bermuda’s globally respected ILS and catastrophe reinsurance market — an industry that has transformed the island into a hub for innovation and financial resilience.
For Ms Taylor, Bermuda’s role in that evolution is no accident. “One of the first things I worked on was creating the first ‘evergreen transformer vehicle,” she recalls.
This pioneering structure allowed the transfer of catastrophe risk from reinsurance markets to the capital markets, secured by collateral instead of a traditional credit rating. “It had never been done before. It’s a great example of Bermuda’s entrepreneurial culture and the Bermuda Monetary Authority’s willingness to embrace innovation while ensuring regulatory oversight.” Without that foundation, she believes, the ILS market would not be what it is today.
Bermuda’s advantages as a business jurisdiction go far beyond technical expertise. Ms Taylor highlights the island’s strong infrastructure, stable government, and history of innovation as key reasons global firms choose to establish themselves here. “The speed of doing business is part of what attracted
companies over the past 20 to 30 years,” she explains. “Industry groups also play a vital role, working closely with government to keep Bermuda competitive in an increasingly globalised marketplace.”
Proximity to the United States, Canada, and the UK adds a geographic edge.
This combination makes Bermuda attractive not just for businesses, but also for the people who work within them. Ms Taylor is quick to point out the island’s unique sense of community. “It’s a place where you can work and live among people from all over the world, all within 20 square miles,” she says.
The diversity of backgrounds enriches both the workplace and daily life, while the culture of volunteering provides countless ways to give back.
For families, the appeal is even stronger. Short commutes and yearround sunshine mean busy professionals can still make it to school events or be home for bedtime. “You can have an exciting, challenging career,” Ms Taylor notes, “but still keep family life at the centre.”
That balance of opportunity and quality of life has made Bermuda a rewarding home for her own family. “It has been a wonderful place to raise a family while building a career and being part of a strong community,” she says.
Beyond the reinsurance sector, Bermuda offers an array of local and international businesses, a thriving charitable sector, and a cultural scene that ranges from fine dining to water sports.
“There’s always something new to do,” she adds, “but it’s the warmth and welcome of the people that make it feel like home.”
Of course, no jurisdiction can afford to rest on its laurels. Ms Taylor is candid about the challenges Bermuda faces in a world of intense competition. Other financial centres are vying for the same business, often at lower costs and with fewer regulatory hurdles. “We shouldn’t take the status quo for granted,” she warns. “The future success of the island depends on government, businesses, and industry groups working together to solve problems and enable growth.”
Still, her optimism is unmistakable. Ms Taylor’s professional life has been intertwined with Bermuda’s rise as a global financial leader, and her personal story is one of deep connection to the island’s community and culture.
Asked whether Bermuda is a good place to work, rest, and play, she doesn’t hesitate:
“Yes. Absolutely.”
For Ms Taylor, the answer to why we are here is simple. Bermuda offers the rare chance to build a world-class career while living in a place that feels like home. It is that combination — professional opportunity and personal fulfilment — that has kept her here for 25 years and counting. n
WHY WE ARE HERE
Why Bacardi Calls Bermuda Home
“As I travel around the world, many people are surprised to learn that Bacardi is headquartered in Bermuda,” says Mahesh Madhavan, CEO of Bacardi Limited, the largest privately held spirits company in the world. “We’ve actually been here since 1963 and have enjoyed the feeling of security, safety, and well-being that the Island provides.”
Bacardi was founded in Cuba in 1862. In 1960, during the Communist revolution, the company’s Cuban assets were seized, forcing the family into exile. They rebuilt their business from scratch — armed only with the Bacardi trademark and their secret rum recipes — and established their worldwide headquarters in Bermuda in 1965.
“I believe the reason for wanting to stay in a country like Bermuda is because of its political stability and sense of safety,”
says Madhavan. “What happened in Cuba can never be allowed to happen again. In addition, the business environment, and the Island’s leading-edge communications, financial, and technology infrastructure all help support our global business.”
During the early years of rebuilding the brand, Bacardi’s primary markets were the United States and Latin America, and Bermuda provided excellent travel links to both. “When we acquired Martini in 1992, we gained greater access to the European market,” he explains. “Bermuda’s direct flights to London are helpful, though we’d love to see more frequent flights to Europe. Later in the 1990s, we expanded across Asia, and today our brands are enjoyed in 170 countries around the world. Travel to the Far East can be tricky from Bermuda, but even if we were based in London or Singapore, there would still be regions
that require multiple flights across time zones.”
Most of Bacardi’s senior management team is based on the Island. “We consider this our home,” says Madhavan. “Our senior leaders operate from here, demonstrating their commitment both to the business and to Bermuda.”
He notes that the Island offers a wealth of professional expertise. “There’s tremendous talent here, particularly in finance and law, thanks to the large insurance sector. And talented staff are happy to relocate — our Bermuda office attracts top people. Many join us here, gain valuable experience, and then move into even higher leadership roles elsewhere in the company.”
Because Bacardi is a truly global organisation, travel is a constant part of Madhavan’s role, but he says returning to Bermuda always feels special. “It’s always nice to come home. After visiting several different markets, landing back here gives me a sense of returning to a place I can truly call home.”
That sentiment extends throughout the company. “Many Bacardi colleagues from around the world come to Bermuda for meetings,” he adds. “It begins to feel a little bit like home for them too. Before becoming CEO, I was based in Geneva and was a frequent visitor to the Island — and I felt the same way.”
Over the years, Bacardi has evolved from a single-brand company into a multi-category powerhouse. “We’re making a particular effort to communicate the depth and breadth of our premium portfolio in Bermuda,” Madhavan says. “When you say ‘Bacardi,’ most people think only of rum, but we also own Grey Goose Vodka, Bombay Sapphire Gin, Dewar’s Scotch Whisky, Martini Vermouth and Sparkling Wine, Patrón Tequila, and many others. We want both the trade and consumers here at home to understand how our company has evolved.”
From its headquarters on Pitts Bay Road, the family-owned business now employs more than 7,000 people worldwide, including a team of 80 in Bermuda. Its brands are sold in more than 170 countries.
“Bacardi is 163 years old,” Madhavan reflects, “but our future has never been brighter.” n
Finding Purpose and Community
When Mitch Blaser arrived in Bermuda in 2006, he thought he’d stay three or four years before returning to the United States. Seventeen years later, he’s still here — a leading figure in international business circles and an active member of the local community.
The island’s reputation as a world-class business jurisdiction is one reason Blaser stayed and later co-founded Mosaic Insurance in 2021, long after successfully co-launching and building Ironshore, a global property and casualty insurer. But there’s another reason Bermuda has kept its hold on him: the people.
“It’s about the people,” Blaser says. “The people of Bermuda are fabulous — friendly, engaging, and interesting. You’ve got a mini melting pot here. Everyone works together, plays together, and interacts on every level. That sense of community is what motivates me.”
With residents from many countries around the world, Bermuda’s population
of around 60,000 brings a remarkable blend of cultures. “Everyone brings their background and history to the same shared experience,” Blaser notes. “You’re travelling without having to leave the island. Business and personal lives are intertwined — you’ll have a meeting with someone and then see them in the supermarket.”
Blaser joined Ironshore as a founding executive in 2006 and helped grow it to more than 800 employees in 15 countries before it was sold to Liberty Mutual Group in 2017. Four years later, he cofounded Mosaic, where he now serves as co-CEO. The specialty insurer operates across seven business lines and seven countries, employing nearly 150 people globally, including 11 in Bermuda.
He credits Bermuda’s political stability and regulatory environment as crucial factors for international success. “Things don’t happen randomly here — there’s consultation,” he says. “You want to be in an environment that’s collaborative,
where business and government work together to find the right solutions, while maintaining guardrails to ensure companies stay on track.”
Bermuda’s proximity to the U.S. adds logistical advantages, while its British laws and global connections bring credibility and stability. “Every dynamic of the insurance business is represented in Bermuda,” Blaser explains. “Because of that, you probably have more clients visiting here than anywhere else. Risk managers and insurance buyers come to the island to meet.”
Even so, Blaser hadn’t expected to stay so long. “I thought Ironshore would be a three- or four-year project — IPO and back to New York,” he admits. But when the global financial crisis hit, he remained to steady the company through turbulent times — a decision that rooted him and his wife, Carol, firmly in the community.
“There are great restaurants, sports, culture, and endless water activities,” he says. “You can be outdoors year-round. I’ve taken up boating, golf, croquet — and even learned to enjoy cricket.”
Beyond business, Blaser takes pride in giving back. “People coming to this island should think about how they can make the community better,” he says. “One of the best ways is to engage with local charities.”
He has supported causes ranging from youth development and local cricket clubs to cancer charity Relay For Life, SCARS, which protects vulnerable children, and Bermuda’s Jewish community. He has also served as a tax commissioner, contributing his expertise to public service.
These connections, Blaser says, have given him a deeper understanding of Bermuda’s character. “Social issues still need attention, but Bermuda always navigates toward solutions. Adversity can bring out the best in people — and it does the same for Bermuda. There’s a strong talent pool here, and we’re constantly learning from the people we bring in.”
For Blaser, Bermuda has become much more than a business base — it’s a home defined by opportunity, culture, and connection. “This island gets under your skin,” he says with a smile. “It’s the people and the place — they’re what make it so special.” n
FROM THE GOVERNOR
Diplomacy meets business
His Excellency Andrew Murdoch CMG, Governor of Bermuda, shares his perspective on what business visitors may discover when engaging with the island’s dynamic commercial and cultural life — from its welcoming business environment and regulatory stability to the unique partnership between government, industry, and community that makes Bermuda such an exceptional place to do business.
In Bermuda’s constitutional framework, the Governor is appointed by His Majesty the King (on the advice of the UK government) and holds defined and important powers over areas such as external affairs, defence, internal security, police, and the oversight of constitutional integrity. While Bermuda enjoys self-government in many domestic matters, the Governor steps in to safeguard the island’s international obligations, to ensure the rule of law, and to act as the Crown’s representative. In practice, he works in close partnership with Bermuda’s elected government, meeting regularly with the Premier and other ministers to coordinate a shared vision for the island’s stability, prosperity, and international standing.
It’s essential to distinguish this role from the notion of a “Governor” in a U.S. state. A U.S. governor is an elected official who leads the executive branch of a state government and has broad domestic powers over policy, budget, education, policing, and more. In contrast, Bermuda’s Governor is not elected by Bermudians, does not set local policy in areas reserved for the local government, and remains above partisan politics — rather, he oversees constitutional and Crown matters, ensuring continuity and balance in a delicate system of shared authority.
Since January 2025, Andrew Murdoch has served as Governor and Commander-in-Chief in Bermuda.
His background blends military, legal, and diplomatic experience: he spent over two decades in the Royal Navy, qualified as a barrister in 2000, and later joined the Foreign, Commonwealth & Development Office (FCDO). In recent years, he served as Legal Director and Director of Ocean Policy at the FCDO, dealing with international law, marine policy, climate change, and multilateral legal frameworks. Recognised for his contributions, he has also been awarded the CMG (Companion of the Order of St. Michael and St. George).
Governor Murdoch highlights Bermuda’s strengths as a trusted international business centre, its sound legal framework, and its forward-looking approach to innovation and global partnerships — offering readers a clear view of what makes the island such a distinctive and resilient place to do business.
Is there anything a first-time business visitor might find surprising about Bermuda?
Before arriving, do a little homework on the history of the island. It is fascinating and reveals a history of Bermudian innovation and creativity in responding to geopolitical events and economic challenges. That spirit has created an appetite among Bermudians for business creativity, and an ingrained confidence and willingness to do things differently. For such a small archipelago — just 21 square miles in total — this place punches well above its size. It is sophisticated and willing to explore opportunities to get in early into growth areas suited to an offshore jurisdiction, as well as doing existing business differently. Bermudian communities consist of people with diverse backgrounds, which results in global connections — both personal and business — that may not be immediately obvious. The climate
does vary considerably through the year, with hot and humid summer months and much cooler, damp winters, so you should prepare your travelling wardrobe accordingly. While visitors will have seen the beauty of the islands online, nothing prepares you for the real thing: the colours are vibrant, especially the ocean, which has shaped these islands and their people for generations.
What advice would you give to someone aiming to make a strong first impression when meeting Bermudians? Are there cultural nuances — such as differences in dress code or etiquette — compared to doing business in London?
Bermudians are warm and welcoming hosts. Unlike big cities, it is usual and expected to greet others, including passers-by, with a friendly “good morning.” Even in the heat of summer, formal dress (jacket and tie for men,
smart dress or similar for women) is generally expected for business settings — it is slightly more formal than many expect. Bermuda is a colourful place, so even formal outfits may have more colour than elsewhere: my stock of pink ties has grown significantly since I arrived!
A first-time visitor should not be surprised to see a gentleman wearing a jacket and tie with colourful, tailored Bermuda shorts, long socks, and shoes. This is a very common sight, especially in the warmer and more humid summer months. It is worn with pride and should not be a point of adverse comment. The formality extends to the use of post titles when addressing meeting attendees. This is certainly true within the government environment, where post titles are used most of the time.
Is there any guidance you would offer to a professional experienced in large global cities who now finds themselves working within Bermuda’s smaller, close-knit business community? I think it is a truism that the global
FROM THE GOVERNOR
village, high-speed internet, and easy travel connections mean Bermuda is very much a part of the international business community. There are many global specialists residing on these beautiful islands. Professionals seeking a move to a truly connected market which also offers a great quality of life will find Bermuda a very attractive option.
One word of caution is that in a small community, everybody is connected by smaller degrees of separation (work or personal) than you would find in larger cities. Many individuals also have more than one job. It is best to assume that anyone you may speak to in a casual setting (e.g. taxi driver, shop worker) knows someone connected with your business. Lastly, Bermudians are rightly proud of their country and may take offence at off-hand comments or criticism from visitors.
Could you speak briefly about the Bermuda-UK relationship — culturally, economically or politically — particularly as it relates to business?
The business community in Bermuda is very well connected to the UK — not least, for example, the insurance sector and financial institutions linked to the City of London. The regulatory authorities in Bermuda are world class, providing assurance that standards and governance are at a globally recognised level. The legal system will feel familiar, given common roots, with the Privy Council acting as Bermuda’s highest court of appeal.
Culturally, links are very strong, with a large Bermudian population working and studying in the UK, and daily direct flights to and from London offering quick connections when required. There are respectful and regular exchanges between the two governments, close working relationships across a number of departments (including the environment and trade promotion), and active Bermudian participation in the annual gathering of Overseas Territory Premiers and leaders hosted in London by the Foreign Secretary. n
STRATEGIC. SELECTIVE. SPECIALTY.
Roosevelt Road Re, Ltd. (RRRe)
Your first trip to Bermuda? Read this…
Here’s some local customs to follow that will help you avoid making a faux pas on your visit
Do say "Good morning," "Good afternoon" or whatever is appropriate when you greet a Bermudian. Failure to do so may impede your chances of continuing the conversation. Sorry, but being nice here is a necessity.
Don't make the erroneous — and potentially disastrous - assumption that everyone here has his or her price. Bribery is unheard of or at least very rare.
If someone appears a little ponderous, they won't be waiting for a "tip." More likely, they'll be anticipating the abovementioned "Good morning."
Do accept if you're invited to the home of a business acquaintance. Bermudian hospitality is genuine, so enjoy it. Be sure to make that morning-after call to thank
your hosts, though. Failure to do so is a capital offence.
Don't be impatient. You'll find business moves at the pace of any international city, but beyond that, we live a slightly slower lifestyle here. We drive at 20 mph, so don't ask your taxi driver to "step on it." And while you will find friendly and courteous service in restaurant and shops, don't expect to be served at breakneck speed.
Do be sensible about leaving your hotel and windows locked. Bermuda experiences far lower crime rates than almost any other place on Earth, but drugs can make a small minority do dangerous things. So don't suspend your big-city caution.
Don't gossip about one local to another.
Invariably, the subject turns out to be your interlocutor's cousin/neighbour/ex-spouse — you get the idea. The key concept to remember is that everyone you meet is probably related and slated to talk soon.
Do show up on time. But don't lose your cool if you make a business or social appointment with a local, and he or she shows up late. It's kind of a custom here. Don't be surprised if the dinner table talk is a little "insular." After all, this is a small island. Speaking of eating, most Bermudians eat relatively early, with restaurant reservations at 7 pm or 7:30 pm the norm. Also, long liquid lunches are out here. It's perfectly acceptable to lunch with clients over a light salad or even meet for breakfast or coffee at one of the more fashionable eateries. n
Bermuda: Built for Business
Pro-business laws, world-class expertise, and global connectivity Aircraft Registry
Aviation executives are steering Bermuda’s aircraft registry through the aftershocks of the Russia-Ukraine war and associated sanctions — a period that saw registrations and revenues fall sharply, followed by an active rebuild.
Before the war, Bermuda had one of the world’s largest offshore aircraft registries, with about 900 aircraft on the books.
When sanctions on Russia’s civil aviation sector took effect in 2022, more than 700 aircraft tied to Russian operators were removed or grounded. By May 2023, the total on the Bermuda register was reported at 644, including ~480 that were physically in Russia. The financial impact was severe: BCAA revenue dropped by roughly 85%, and FY2022-23 was the first loss-making year in the authority’s history.
Despite the continuing conflict, the authority’s 2023-24 results were better than expected, thanks to cost-cutting and new income streams. In April 2023, BCAA introduced a registration fee for aircraft without an active Certificate of Airworthiness (including those stranded in Russia), which helped offset losses.
Structurally, the regulator underscores its long pedigree and international standing. The registry’s roots go back to 1931. Bermuda also holds the U.S. FAA’s IASA Category 1 rating — meaning the authority meets ICAO safety oversight standards — which underpins its credibility with international operators and lessors.
BCAA markets the register’s flexibility, reputation, and deep airworthiness expertise, and continues to position Bermuda as one of the largest offshore registries globally (ranked around 10th worldwide when compared with ICAO member states).
Contact: Thomas Dunstan, Director General of Civil Aviation, Tel:293-1640. Email: tdunstan@bcaa.bm
Bermuda Stock Exchange
The BSX, established in 1971, is a leading venue for offshore securities listings and the global hub for insurance-linked securities (ILS). As of 2024–2025 the
BSX hosts about 92% of the world’s catastrophe-bond risk capital, with cat-bond notes listed reaching roughly US$47.5 billion in Q1-2025. Overall the exchange lists 1,300+ securities, spanning ILS, debt, funds, and equities (including SMEs). Its listing rules, designed for institutional and high-net-worth investors, emphasise speed-to-market and costeffective access, while comprehensive issuer disclosures on bsx.com promote transparency and investor confidence. The BSX is a full member of the World Federation of Exchanges and an affiliate member of IOSCO. Since 2020 it has operated as a wholly-owned subsidiary of Miami International Holdings (MIAX), which in 2025 rolled out a new integrated trading, clearing, settlement and depository technology platform for the exchange. Contact: Greg Wojciechowski, CEO, BSX, Tel: 292-7212. Email: info@bsx.com
Exempted companies
What they are Exempted companies are Bermuda companies incorporated by nonBermudians to conduct business outside Bermuda. They are “exempted” from the Companies Act’s 60/40 rule (which requires at least 60% Bermudian ownership for local companies). As a rule, they may not carry on business in Bermuda, except in limited circumstances (e.g., with other exempted undertakings) or by special licence.
Historic tax position
Historically, Bermuda did not levy taxes on corporate profits, income, dividends or capital gains (and has no VAT/sales tax). That baseline remains part of Bermuda’s system outside of the new Corporate Income Tax described below.
Corporate Income Tax (CIT) – now in force for in-scope groups
Parliament passed the Corporate Income Tax Act 2023 on 27 December 2023. The CIT applies for tax years beginning on or after 1 January 2025 and imposes a 15% corporate income tax on Bermuda businesses that are members of a multinational enterprise (MNE) group with global revenue of at least €750 million
(the OECD “Pillar Two” threshold). Guidance and subsequent amendments have been issued to align with OECD administrative rules (e.g., on deferred tax). The Government has also outlined CIT tax credits intended to support on-island activity and competitiveness.
Who is affected
The CIT does not apply to all exempted companies. It applies only to in-scope MNE groups meeting the revenue threshold above. Smaller groups and stand-alone exempted companies remain out of scope of the CITI.
Payroll tax context (2023 reform)
In 2023 the Government re-balanced payroll tax bands (lower rates at the bottom, higher bands at the top) and indicated no extra payroll-tax levy simply for being an exempt company under those changes.
Why exempted companies choose Bermuda
Bermuda offers a mature regulatory environment for international business (notably insurance/ILS), a straightforward companies regime (with ministerial licensing routes where needed), and now a Pillar Two-compliant CIT framework for large MNEs, including credits to encourage real economic activity in Bermuda.
Contact: Kenneth Joaquin. Registrar of Companies. Tel: 297-7574 Email: kjoaquin@gov.bm
Insurance & reinsurance
Bermuda has been carefully developing its insurance and reinsurance industry since the 1940s and is widely known as the world’s risk capital. The island emphasises a close working relationship between government, industry and the regulator, and a long track record of innovating to meet new risks.
Bermuda remains the largest supplier of catastrophe reinsurance to U.S. insurers and is home to underwriting operations for more than 30 major international insurance and reinsurance firms.
It is also a leading captive domicile, with 600+ active captives on the register and new formations continuing (BMA
recorded 16 new captives in 2023 and 17 in 2024).
Catastrophe support and recent losses
Bermuda (re)insurers delivered significant support after major U.S. disasters in recent years—e.g., they expected to pay over US$13 billion for Hurricane Ian (2022). More recently, 2024 was another heavy year for insured catastrophe losses in the U.S., with Hurricanes Helene and Milton among the costliest events of the season and global insured losses above US$135–145 billion.
Market size and momentum (ABIR members)
Bermuda’s commercial market continued to expand through 2024:
Gross written premium (GWP) by ABIR member companies rose to ~US$188 billion in 2024 (from ~US$171 billion in 2023 and US$145 billion in 2022).
Net income was US$26.9 billion in 2024 (down from US$32.2–32.3 billion in 2023 amid elevated claims), with equity rising to US$178 billion (from US$164 billion).
These data reflect submissions from 25 of ABIR’s member (re)insurers writing globally from Bermuda and other centres.
Intellectual property
Bermuda provides intellectual-property protection for copyright, registered designs, trade marks, and patents, aimed at preventing unauthorised copying or misuse of creative works, product designs, brands and inventions. The Registry General administers these rights.
In 2025, Bermuda modernised its trade-mark regime: the Trade Marks Act 2023 (with 2025 amendments and new regulations) came into force on August 1, 2025, replacing the decades-old 1974 law. The update aligns Bermuda more closely with contemporary international standards, broadens what can be protected (e.g., non-traditional marks), and refreshes procedures and official fees. The Government has also signalled ongoing work to update patents, registered designs, and aspects of copyright legislation to further align with global best practice. Public outreach has continued. In April 2025, the Registry General ran a World IP Day campaign inviting local creators to share how IP supports their careers — building on the 2023 theme
Greg Wojciechowski, President and CEO, BSX
that encouraged greater participation by women in the IP system.
From private-client wealth managers and pension specialists to institutional and online advisers, Bermuda hosts a wide range of investment managers serving global clients.
As you’d expect in a mature international finance centre, industry sentiment remains constructive even after a volatile few years. The 2024 EY Global Alternative Fund Survey reports continued growth expectations in alternatives, expanding allocations, and rising focus on high-networth investors and “democratization” channels—rather than giving a single satisfaction percentage as older surveys did.
Bermuda’s regulated investment-fund sector remains sizeable. The Bermuda Monetary Authority (BMA) shows that by Q2 2025 the net asset value (NAV) of Bermuda-registered funds reached ~US$304.4 billion, with 774 funds (down slightly in count from end-2024 as the market consolidates). Earlier snapshots put NAV at US$292.2 billion in Q1 2025 and ~US$286–289 billion through 2024, underscoring a rebound from 2023 levels. Beyond funds, licensed investment business providers in Bermuda reported US$231 billion in assets under management (AUM) in 2024 (up from US$225 billion in 2023), reflecting steady activity across mandates.
BUSINESS A-Z
Contact: Bermuda Monetary Authority, www.bma.bm
Legal system
Bermuda’s legal system is based on English common law, adapted by local statutes since settlement in the early 1600s. The core court structure is:
Magistrates’ Court — handles summary (less serious) criminal matters and certain civil applications without a jury.
Supreme Court — hears serious criminal cases (judge and jury), highervalue civil matters, constitutional and judicial review cases. The Supreme Court’s Commercial Court hears complex business cases, notably insurance/reinsurance, trusts, banking, insolvency and cross-border matters. Proceedings are judge-managed with tight timetables and active case management, and commonly use electronic filings and remote/hybrid hearings to keep cases moving.
Court of Appeal — sits three times a year to hear appeals from the Supreme Court (criminal and civil).
Judicial Committee of the Privy Council (London) — Bermuda’s final court of appeal.
Recent developments
In recent years the courts have embraced new technologies to improve efficiency and access, including wider use of electronic filings, remote/hybrid hearings, and digital document management in appropriate cases. The judiciary has also emphasized streamlined case management to keep matters progressing and reduce backlogs where they arise.
Local companies
Bermuda aims to protect local ownership by insisting that non-Bermudians can only own a maximum of 40 per cent of shares in any company, other than exempted companies.
The Government has acknowledged this ruling has ultimately meant money being made in Bermuda leaves the island and has faced calls to relax it to stimulate foreign investment.
Many locals, however, maintain the rule is necessary to prevent the island being too heavily influenced by foreign investment.
Partnerships
Bermuda partnerships are formed under the Partnership Act 1902, Limited
Partnership Act 1883, Exempted Partnerships Act 1992, and, where applicable, the Overseas Partnerships Act 1995. All partnerships must register with the Registrar of Companies. Partnerships may elect to have legal personality.
Local partnerships: Composed only of Bermudian partners and may conduct business in Bermuda and abroad. A local general partnership has unlimited joint and several liability among partners and must meet the 60% Bermudian ownership requirement and complete local registrations (e.g., tax and social insurance).
Exempted partnerships: Where one or more partners is non-Bermudian. They may conduct business outside Bermuda from a principal place of business in Bermuda.
Must have a registered office in Bermuda and a resident representative; keep audited accounts and business records in Bermuda and produce a true accounting at each financial year-end. May transact with other exempted undertakings, but generally may not do business with persons in Bermuda except in limited circumstances.
General vs limited partnerships: General partnership: every partner is jointly and severally liable for partnership debts. (For local general partnerships, the 60% Bermudian ownership rule applies.)
Limited partnership: at least one general partner (manages; unlimited liability) and one limited partner (does not manage; liability limited to agreed contribution).
Overseas partnerships: Partnerships formed outside Bermuda may apply (via the BMA and Minister of Finance) for a permit to operate in or from Bermuda. A permit is typically not recommended if a Bermuda exempted partnership could be formed to carry on the proposed business. In practice, you will use a Bermuda law firm, accounting firm, or corporate service provider to form and register the partnership and handle any licensing/ permits.
Permit companies
A permit company is an overseas company (incorporated outside Bermuda) that has been granted a permit by the Minister to carry on business in or from within Bermuda. An overseas company may not conduct business in or from Bermuda without such a permit. Conditions can
be attached to the permit (for example, keeping a principal/resident representative in Bermuda and notifying changes in beneficial ownership), and the company must register with the Registrar of Companies. In practice, permit companies are generally allowed to operate in a manner similar to exempted undertakings (i.e., focusing on business conducted outside Bermuda or with other exempted undertakings) unless their permit specifies otherwise.
Tax note: Bermuda historically did not tax corporate profits, income, dividends or capital gains. From tax years beginning on or after January 1, 2025, Bermuda imposes a 15% Corporate Income Tax (CIT) on Bermuda businesses that are part of multinational enterprise (MNE) groups with global revenue ≥ €750 million (OECD Pillar Two threshold). Most smaller businesses remain out of scope of the CIT. Whether a permit company is in scope depends on its group status and whether it is a Bermuda business under the Act.
In practice, you will engage a Bermuda law firm or corporate service provider to apply for the permit and handle ongoing compliance.
Private Acts
As an alternative to incorporation by registration under the Companies Act 1981, a company may be incorporated in Bermuda by a Private Act of Parliament (a private bill passed by the House of Assembly and Senate and assented to by the Governor). A Private Act creates bespoke corporate powers for the petitioning company and then the company is brought into being by filing its memorandum of association.
Process in brief: A private bill notice is placed in the appointed Bermuda newspaper, signalling the intention to seek a Private Act. The bill proceeds through the House of Assembly and Senate. Committee stages may be taken or, in the case of certain company private bills, procedurally dispensed with in the Senate by suspension of the rule—this is commonly done. This typically takes 6–8 weeks from filing to enactment, subject to the parliamentary calendar.
After enactment, the company is incorporated by filing a memorandum of association, signed by at least three
subscribers who are ordinarily resident in Bermuda (often nominee subscribers). The company then operates under its incorporating Act together with the Companies Act 1981.
A company incorporated by Private Act is still a “company to which the Companies Act applies,” unless otherwise provided, and may be able to amend aspects of its incorporating Act by member resolution as permitted by the Companies Act.
Where a Private Act grants segregated accounts powers, the company must notify the Registrar under the Segregated Accounts Companies Act 2000.
In practice, Private Act incorporations are handled by a Bermuda law firm or corporate service provider, working with Parliamentary Counsel and coordinating post-enactment filings with the Registrar of Companies.
Ship Registry
Bermuda operates a long-standing, internationally respected ship registry, covering commercial vessels, yachts and cruise ships. The registry dates back to 1789 and today forms part of the UK’s Red Ensign Group (Category 1), which can register virtually all vessel types.
Bermuda maintains strong Port State Control performance, with prolonged membership of the Paris MoU and Tokyo MoU White Lists, and participation in the U.S. Coast Guard QUALSHIP 21 programme—factors that can reduce the likelihood of inspection for quality flags.
In 2022, following Russia’s invasion of Ukraine, local media reported ten Bermuda-registered mega-yachts were widely associated with high-profile Russian nationals, including Eclipse. At the time, Bermuda authorities noted there was no Russian individual ownership on the shipping register for Eclipse.
CEO: Francis Richardson. Email: frichardson@bermudashipping.bm
Trusts
Bermuda is widely regarded as a leading jurisdiction for private-client and commercial trusts. Trusts are used for asset protection and succession planning, family and charitable purposes, employee benefit and pension arrangements, and in
structured finance.
The Bermuda Monetary Authority (BMA) licenses and supervises trust business carried on “in or from” Bermuda under the Trusts (Regulation of Trust Business) Act 2001. Licensed trustees must meet minimum licensing criteria, including fitness and propriety, governance and prudential standards; they file audited financial statements and compliance confirmations to the BMA. (Private trust companies may be exempt where they act solely for a defined family group.)
Bermuda has a long-standing community of specialist trust lawyers, trustees and advisers and an active STEP Bermuda branch (the local branch of the Society of Trust and Estate Practitioners).
Bermuda’s trust law is rooted in English common law but has been extensively modernised by local statutes, including: Trusts (Special Provisions) Act 1989 — enables purpose trusts (non-charitable) and includes modern “firewall” protections (updated in 2020) against attacks based on foreign law.
Perpetuities and Accumulations Act 2009 — effectively abolishes the rule against perpetuities for most property (retained only for land in Bermuda), supporting long-term or “dynastic” trusts.
Private Trust Company (PTC) regime — allows family-controlled trustee companies (subject to conditions) without a full trust-business licence.
Trustee Amendment Act 2025 — most recent reforms further modernise fiduciary powers and clarify that trustees may adopt responsible/values-aligned investment approaches consistent with settlor and beneficiary wishes.
US–Bermuda Tax Convention Act
The U.S.A.–Bermuda Tax Convention Act 1986 implements a bilateral convention (signed July 11, 1986; generally effective 1988) that deals primarily with (i) the taxation of insurance enterprises and (ii) mutual assistance/exchange of tax information.
Insurance business: Qualified Bermuda insurance enterprises are generally not
subject to U.S. income tax on their insurance business profits unless they carry on business through a U.S. permanent establishment. The convention does not remove the U.S. federal excise tax (FET) on certain insurance/reinsurance premiums.
Business conventions in Bermuda: The convention includes a business-convention deduction provision—U.S. taxpayers may deduct ordinary and necessary expenses of attending business conventions held in Bermuda (treated, for this purpose, like the “North American area”), provided normal U.S. deductibility rules are met.
Information exchange: The agreement provides for exchange of information for tax purposes. Bermuda and the U.S. have since built on this framework (e.g., the 2013 FATCA intergovernmental agreement).
Negotiated during the premiership of Sir John Swan, the convention is widely credited with helping underpin Bermuda’s development as a leading (re)insurance centre.
10 more reasons to consider Bermuda
1. REPUTATION
Bermuda is widely perceived as a bluechip offshore financial centre, and not just in insurance and mutual funds. All manner of enterprises wish to operate physically and electronically from or through Bermuda and thereby associate themselves with Bermuda’s good name.
2. COMPETITIVE PRICES
Contrary to popular belief, Bermuda is no more expensive for the establishment and management of a company than any other major offshore jurisdiction.
3. DESIGNER COMPANIES
Bermuda is unique in offering clients the ability to petition Parliament for the enactment of special legislation in favour of a particular company. Such private legislation is frequently instrumental in effecting innovative structures.
4. ELECTRONIC TRANSACTIONS ACT
The ETA itself is an attraction for e-businesses. With its enactment and subsequent updates, Bermuda joined the ranks of the leading nations in the codification of the law of the Internet.
5. REGULATORY FLEXIBILITY
Bermuda’s reputation rests on sound but flexible regulation. There is sufficient oversight to ensure probity and solvency, with proportionate, risk-based regulation by the Bermuda Monetary Authority; the Government does not mandate commercial methods for private enterprises.
6.
TAX ASSURANCE
Bermuda historically levies no taxes on corporate profits, income, dividends or capital gains. For exempted undertakings, the Minister of Finance may issue a Tax Assurance Certificate under the Exempted Undertakings Tax Protection Act 1966, confirming that any such Bermuda taxes will not apply until 31 March 2035. Note: Bermuda now has a 15% Corporate Income Tax (CIT) for Bermuda businesses that are part of multinational enterprise groups with global revenue ≥ €750 million, and the CIT applies notwithstanding any Tax Assurance Certificate. Smaller businesses outside these thresholds remain out of scope of the CIT and can still rely on tax assurance to 2035.
7. PRIVACY
While Bermuda is by no means secretive, the island maintains confidentiality concerning the identity of sponsors of commercial transactions. Of course, there are circumstances in which the public interest (for example, detecting crime or preventing the abuse of personal data) overrides commercial confidentiality. Bermuda also maintains a non-public beneficial ownership register available to competent authorities, and its Personal Information Protection Act (PIPA) provides a modern data-protection framework.
8. SPEED
As a complement to flexibility, the special partnership between industry and the Bermuda Government means that commercial objectives can be achieved very quickly.
9. PROFESSIONAL EXPERTISE
Over sixty years of serving the financial community has produced a core of excellent professionals working and living in Bermuda.
10. CUTTING-EDGE TELECOMS
The island boasts world-class, state-ofthe-art communications systems.
Owning Property in Bermuda: A Smart Investment
Hundreds of people from around the globe have purchased homes in Bermuda — some for retirement, others due to work commitments, and many for vacation purposes or a mix of all three. Bermuda’s political and social stability has made property ownership here a secure and attractive option for decades, with property values steadily increasing over time.
For those looking to invest, there are opportunities to purchase grand local houses ranging from $4 million to
$25 million. Additionally, some condominiums are available to overseas buyers, typically priced between $1 million and $3 million. While there is a bit of paperwork involved in buying property, the process is straightforward, and a one-off government fee is required for foreign buyers: 8% for houses and 6% for condos. These fees are designed to prevent international speculation in Bermuda’s property market and may increase soon, making now an ideal time to buy.
For those who may not need a year-round residence, Bermuda also offers firstclass fractional ownership properties, providing more flexible investment options. Whether you’re purchasing a full home or considering fractional ownership, the current buyer’s market ensures that even a seemingly hefty investment could prove to be a wise decision in the years to come.
In recent years, another
option for non-Bermudians to own property has emerged through the Economic Investment Certificate (EIC) and Residential Certificate (EIRC)
Bermuda’s residency-byinvestment route allows eligible individuals who invest at least US$2.5 million in approved areas (e.g., real estate, new or existing businesses, government instruments, or social projects) to apply for residency rights for themselves and eligible dependants. The programme, launched in 2021 and now administered as the Economic Investment Residential Certificate (EIRC), has attracted more than US$500 million in total investment. As of October 2024, officials reported 58 approved
applications, with about US$231 million directed to real estate, US$212 million to new businesses, and US$49 million to existing local enterprises.
Because eligibility, qualifyinginvestment categories, and documentation requirements vary by applicant, prospective investors should consult a Bermuda law firm for advice and to manage filings. Official guidance, the policy, FAQs and the Expression of Interest form are available via these two resources.
Bermuda Business Development Agency: www.bda.bm/post/bermudaeconomic-investment-residentialcertificate-faqs/
Ultimately, it’s the Bermudian lifestyle, more than the investment opportunity, that draws most buyers to purchase luxury homes here — and that lifestyle is truly priceless. n
Authentic Treasure Coins
Treasure coins recovered from Spanish shipwrecks around the world and ancient artifacts spanning 2,000 years. Designed and crafted by Walker Christopher.
29 Front Street, Hamilton Located across from the ferry terminal 441.295.1466 • walkerchris@links.bm www.facebook.com/walkerchrisbda
Arch Reinsurance Ltd. provides specialty property and casualty reinsurance products through reinsurance intermediaries worldwide. These programs range from Property Catastrophe reinsurance to Medical Professional Liability and Property Excess of Loss treaties. Our Bermuda-based operation has a s t r o n g , p r o v e n
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a m , a c o m mitment to underwriting discipline, and financial strength tha t is ra ted A+ b y A M Best
Exchange House
110 Pitts Bay Road, 4th Floor Pembroke, Bermuda HM08
Tel: (441) 292-7212
Fax: (441) 296-1875
Email: info@bsx.com www.bsx.com
The Bermuda Stock Exchange (BSX) is a vertically integrated, international securities market headquartered in Bermuda and organised in 1971. BSX specialises in the listing and trading of capital market instruments such as equities, debt issues, funds, hedge funds, derivative warrants, and insurance linked securities. To learn more about the BSX visit https://www.bsx.com
BERMUDA STOCK EXCHANGE
BERMUDAMedia
PO Box HM 2032
Hamilton HM HX, Bermuda www bermudamedia bm
Telephone: (441) 292-7279
Contacts: Ian Coles, Publisher Lissa Fisher, Director of Marketing
T
organisation, producing innovative speciality ma gazines and television prog ramming which provide the sophisticated business and leisure traveller with a reliable, highquality introduction to Bermuda. Products include: Bermuda Business Visitor, Building Bermuda, Bermuda Property Ma tters, Going Green, Your Future, House Garden Kitchen & Ba th, Diversity Equality & Inclusion, Health & Beauty and New Resident as well as our television channel
The Bermuda Channel
WHERE TO STAY
Where to Stay
From luxury beach resorts to character-filled inns, Bermuda offers stays to suit every business itinerary. Today’s guest rooms typically come business-ready with fast Wi-Fi, ample charging points, and workspaces, plus the services you’d expect—concierge support, meeting rooms, and seamless transport.
Location is flexible. Many visitors choose to base themselves near Hamilton for an easy walk to meetings, restaurants, and the waterfront. That said, the island is compact — almost anywhere is within a 30-minute drive of town — so a stay on the beach can be just as practical. You’ll trade the urban or airport hotel routine for ocean views and, quite possibly, one of the most beautiful commutes in the world.
Whether you prefer a full-service resort, a boutique hotel, or a private cottage, you’ll find professional comforts alongside island calm.
Explore our curated shortlist of highly recommended properties here.
Fourways Inn Middle Road, Warwick Tel: 441-236-6517
Fax: 441-236-5528
Small but elegant property 15 minutes from town
$345–$445 high (subject to change);
Deluxe Suite $275–$325 low
5 deluxe, 5 suites
Gourmet restaurant, bar, entertainment, pool Meeting facilities,fax, Xerox and courier services
City center & family-owned hotel with serene & relaxing rooms, personalized service, and multiple dining options.
An all-suite hotel with full kitchens. Five-minute walk to Hamilton
From $400 depending on demand and season
28
$309$389 high
$252$302 low
47 Studio and one bedroom suites
Private Pool, Multiple Gardens, Breakfast included in Rate, for direct bookings, multiple F&B outlets on property
Streamlines check-in and check-out, multiple conference facilities, and private dining options
Swimming pool, complimentary continental breakfast, wheelchair access Free Wifi
An elegant boutique hotel centrally located on a tree lined lane near Hamilton.
December/ March from $350, April/ November from $595 32 Individually decorated rooms.
Buffet continental breakfast and daily evening wine hour included in rate. Palomino Restaurant and Canters Bar
Samsung Frame TVs, A/C, Nespresso Coffee Machines, Free WIFI, Mini Fridges Golf, Tennis, Pickleball, Boating, and many other activities bookable with concierge
Copier, same day laundry. Extras: Full kitchens, iron and boards, in-room safes to fit a laptop . Terrace overlooking harbour, hairdryer, current vehicles charging point, smart TV with cable Large swimming pool
Complimentary Wi-Fi, copier, laptop and printer with air-printing capabilities.
Discounts for extended stays. A/C, Smart TV’s, Nespresso machines, kitchenettes, bathrobes, and hairdryers.
Pool, gym, complimentary shuttle into Hamilton, and complimentary pedal bikes. EV charging ports.
Beachfront resort, beautiful ocean views. Enjoy magnificent sunsets as each guest room faces south west.
$425 low season$799 high season 59 guest rooms and suites
Free WiFi, 2 gourmet restaurants, award winning spa, private beach, daily events, infinity swimming pool, hot tub, evening entertainment, hammocks, pickleball
Free WiFi, meeting room facilities, on staff meeting & events coordinator, copier, meeting equipment such as projectors
Guests often say arriving at Royal Palms feels like coming home. Family-owned and warmly run, this boutique hotel offers an intimacy and personalized hospitality that set it apart from larger resorts.
Set along a quiet, tree-lined lane, two restored 19th-century manor houses are surrounded by tropical gardens, brick pathways, and a classic courtyard— surprisingly peaceful given the central location. You’re just a ten-minute walk from Hamilton’s shops, restaurants, and waterfront.
It’s an ideal blend of character and convenience—and for business visitors, the hotel is also within easy walking distance of many corporate offices. n
Rosedon Hotel: A Refined Base for Business in Bermuda
Perfectly positioned just steps from Front Street, Rosedon Hotel offers business travellers the best of both worlds - a serene, boutique retreat in the heart of Hamilton. Combining the charm of a family-run hotel with the sophistication of a modern business base, Rosedon provides a refreshing alternative to the traditional corporate stay.
Each guest room seamlessly blends mid-century design with thoughtful comforts, featuring amenities such as Smeg fridges, plush bedding, high-speed Wi-Fi, and dedicated workspaces. Between meetings, unwind by the pool or enjoy all-day dining at Huckleberry Brasserie, where Bermudian ingredients meet classic technique.
For those hosting clients or colleagues, Rosedon offers elegant private dining options and versatile meeting spaces ideal for small gatherings or board-style meetings. The attentive team ensures every detail, from catering to setup runs seamlessly, so you can focus on what matters most.
For a more relaxed setting, Clarabell’s serves hand-crafted pizzas and cocktails in a mid-century inspired space designed for lingering. The perfect spot for casual catch-ups or winding down
after a long day.
Whether you’re in Bermuda for a few days of meetings or an extended project, Rosedon provides a calm, connected base that feels more like home than a hotel — perfectly located, beautifully run, and designed to make business travel feel effortless! n
Less boardroom. More living room.
Rosedon combines the ease of a boutique hotel with the warmth of a private club. Perfectly placed in Hamilton, we’re designed for business travellers who prefer personality over predictability. Our newly renovated rooms and two award-winning restaurants o er the perfect balance of business convenience and boutique luxury.
MAKING MOVES
Relocating to Bermuda: make your move smooth
Bermuda is a world-class place to live and work—safe, well-connected and highly professional. Relocation, however, is paperwork-heavy: most nonBermudians need an employersponsored work permit to take up a role, and the permit type (short-term, standard, new business, intra-company transfer, family office, etc.) depends on the job and duration. Getting that
match right up front saves weeks. Families appreciate that the Department of Immigration offers clear pathways for dependants, including Permission to Reside and Seek Employment (PRSE), and spousal letters for spouses of Bermudians—useful for everyday life admin with banks, schools and service providers. Bermuda also handles residence permissions, BOTC/ Bermuda status and passports, and document legalisation/apostilles locally, so you can complete most steps on-island.
Because requirements vary by role, nationality and family situation— and because processing timelines can shift—most newcomers lean on specialist help to orchestrate permits, dependants’ paperwork, school start dates, housing and arrival logistics in one plan. The right adviser will coordinate with your employer, prepare complete applications, track submissions and keep you compliant from day one.
Bermuda rewards good planning. With experienced immigration and relocation support, executives, professionals and their families can transition confidently—and start enjoying island life sooner.
Global Consultants: Your Immigration Allies on the Rock
When foreign executives, professionals or skilled workers arrive in Bermuda, navigating immigration status and work permits can be complex. That’s where Global Consultants steps in as
a one-stop professional immigration service.
Founded in October 2021 by industry veterans Ms. Patricia Darrell and Ms. Lani Isip, Global Consultants brings over 20 years of experience in work permits, passports, visas, and Immigration services. Their local presence and relationships with immigration authorities make them a trusted partner to smooth over regulatory and bureaucratic hurdles.
Global Consultants also offers crucial support in Spousal letters, permission to reside and seek employment, Bermuda status, BOTC naturalization, Document legalisation, Apostille, Philippine Department of Migrant Workers exit clearances for Philippine workers, and more.
Visit Global Consultants Office at Washington Mall, (Balcony Level) Hamilton City or Tel: 441-543-9777.
are dedicated to providing exceptional relocation services for individuals, couples, and families, ensuring a confident and seamless transition to life on the Island.
As your trusted partner, they simplify every step, offering tailored, costeffective solutions as well as comprehensive, ‘donefor-you’ packages designed to meet your specific needs.
Whether you seek minimal assistance or full-scale support, Soft Landing’s commitment is to deliver a smooth, stressfree experience.
Rest assured, every detail is managed with precision, care, and professionalism. Call or WhatsApp +1 441-535-2769. Email: info@softlanding.bm. www.softlanding.bm
CONFERENCE AND MEETING SPACES
Corporate Events: A Business Guide
When it comes to corporate events, conferences, and meetings, location plays a key role in setting the tone for success. Bermuda offers an exceptional combination of professionalism, convenience, and natural beauty, making it an ideal destination for business visitors looking to host events that leave a lasting impression. From conferences for hundreds to intimate board meetings, the island is home to a variety of venues and services tailored to meet diverse corporate needs.
For Board Meetings and Workspaces
When business brings you to Bermuda, finding the right space to connect can make all the difference. Whether it’s hosting clients, bringing a team together, or running an off-site strategy session, Altura Flexible Workspaces offer a professional environment designed for focus, flexibility, and ease.
Its fully equipped meeting rooms and event spaces require no contracts or long-term commitments. Book by the hour or the day and walk into a space that looks and feels like it’s been prepared just for you. From boardroomstyle setups to collaborative lounges, each space is designed to keep your meetings productive and your guests impressed.
Beyond meetings, Altura also makes corporate events effortless. Whether you’re planning a workshop, team training, or small-scale networking reception, the spaces adapt to your needs, supported by modern amenities and seamless service. Pair your event with access to Altura’s coworking areas and on-site gym, giving your team room to work, connect, and recharge all in one place.
Altura believes your workspace should work as hard as you do. That’s why its
spaces are designed to keep business moving forward-- instantly, and on your terms.
Premier Venues for Corporate Events
Bermuda boasts a range of venue options that cater to different types of corporate gatherings. The island’s luxurious resorts and boutique meeting spaces offer flexibility for any event. Many of these venues combine state-of-the-art technology with Bermuda's stunning landscape, creating a productive yet inspiring atmosphere.
Several of the island’s larger hotels are equipped with versatile ballrooms, breakout rooms, and outdoor spaces for team-building activities. Notable hotels like the Hamilton Princess & Beach Club offer expansive conference facilities, capable of hosting large groups for conferences, workshops, and retreats. These venues provide a full range of services, including audiovisual setups, catering, and accommodation, ensuring a seamless experience for event organisers.
For those seeking more unique spaces, boutique venues such as Rosewood Bermuda and St. Regis offer exclusive meeting rooms with a more personal
touch. These spaces are ideal for private business meetings, executive retreats, or smaller team-building activities, combining luxury and privacy with the island's natural beauty.
Hamilton: The Business Hub
In Bermuda’s capital, Hamilton, many venues provide convenient access to the island’s financial district, making them ideal for business travelers, plus wherever you are in Hamilton you’re always within within a short walk of restaurants, shops,
and transport options.
In addition to the Hamilton Princess, The Bermuda Underwater Exploration Institute (BUEI) offers an interesting twist for corporate meetings, providing ocean-themed spaces and a more relaxed, creative environment for business gatherings. This venue is perfect for businesses looking to inject an element of fun and innovation into their meetings or conferences.
The City of Hamilton has a variety of green venues and properties that are the preferred option among the local community to host a variety of events. Pier Six in the heart of the city offers an ideal venue for corporate events, conferences, and private functions, blending modern amenities with Bermuda’s stunning waterfront views. It’s perfect for everything from business dinners to charity galas. For outdoor events, the upper terrace provides breathtaking views of the harbour.
Downstairs, and with a capacity of 550 people, is typically used as a cruise terminal during tourist season but can also be rented for conferences, and corporate events when ships are not in port.
Private Dining Rooms: Intimate and Professional
For more intimate business gatherings, Bermuda offers private dining rooms that allow for professional discussions in a relaxed setting. These spaces blend fine dining with privacy, allowing business professionals to entertain clients or colleagues in style while enjoying some of the best cuisine the island has to offer. n
Altura Flexible Workspaces are designed for professionals on the go. No contracts, No commitments.
Just good business.
instant day-of access to Altura Flexible Workspaces, meeting rooms, and amenities right now. Scan the code to get started.
LUXURY
Luxury Services & VIP Experiences in Bermuda
The Business Visitor’s Ultimate Guide
Bermuda is synonymous with discreet luxury and seamless service—a destination where senior executives and high-net-worth travellers can arrive, work, and unwind with minimal friction. Beyond its pink-sand beaches, the island delivers world-class aviation access, yachting, golf, wellness, dining, and concierge support—wrapped in professionalism and privacy.
Private Jet Access
L.F. Wade International Airport offers dedicated facilities for private aviation, with expedited arrivals, customs, and ground handling. For time-sensitive itineraries, on-demand charters and managed aircraft services ensure flexible schedules, discrete movements, and swift turnarounds from key gateways such as New York, Miami, and London.
Luxury Ground Transport & Aerial Tours
On the ground, chauffeured sedans and SUVs provide punctual, point-to-point service for meetings, site visits, and evening engagements. Helicopter or light-aircraft sightseeing can also be arranged for aerial views of Bermuda’s reefs, harbours, and historic forts—an unforgettable executive perk for visiting clients.
Yachts & Private Boat Charters
Bermuda’s coastline is best explored by water. Charter a fully crewed yacht for harbour cruises, sunset receptions, or coastal day trips with snorkelling and water sports. For smaller groups, private RIBs and centre-console boats offer bespoke itineraries to secluded coves and pink-sand stretches, with catering and onboard hospitality arranged to spec.
Championship Golf
The island’s golf scene blends prestige and scenery in equal measure. Courses
such as Mid Ocean Club and Port Royal Golf Course (host to the PGA TOUR’s Butterfield Bermuda Championship) reward strategic play with sweeping Atlantic vistas. Corporate four-balls, teaching clinics, and full buy-outs can be coordinated around board agendas or team off-sites.
Spa & Wellness
Top hotels and independent spas deliver restorative programmes that suit travelcompressed schedules: targeted massages, hydrotherapy, and express treatments between meetings, as well as private yoga, meditation, and fitness sessions in-suite or on the beach. For multi-day retreats, bespoke itineraries combine wellness, nutrition, and light activity—ideal for leadership teams.
Private Dining & Culinary Experiences
Bermuda’s culinary scene elevates client entertainment with chef-curated menus, premium wine pairings, and private rooms. Arrange a harbour-view tasting menu, a dockside seafood lunch, or a chef’s-table experience showcasing local produce. Off-site, yacht-catered receptions and beachside pop-ups create memorable closers to a deal-making day.
Discreet Security & Executive Protection
For public figures and deal teams, licensed private security providers offer risk assessments, close protection, secure transport, and venue sweeps— unobtrusively integrated with concierge and event planners to maintain a low profile without compromising safety.
Concierge & Relocation Support
For extended assignments or moves, premium concierge firms coordinate housing, schooling, banking, and lifestyle logistics, while immigration specialists guide executives and dependants through permits, permissions, and documentation.
The result is a faster, smoother start on-island—and less time diverted from business.
Why Bermuda Works for VIP Itineraries
• Proximity & connectivity: Short flights from the U.S. East Coast and good transatlantic links.
• Professional ecosystem: Deep bench of legal, financial, and corporate services familiar with cross-border transactions.
• Discretion & service culture: Island hospitality paired with international standards.
• Compact geography: Meetings, golf, dining, and the airport are all within easy reach—maximising productive hours.
Planning Tips
• Book early during peak months (spring, early summer, and event weeks).
• Consolidate logistics—aviation, transport, venues, and security—through a single coordinator for tighter timelines.
• Tailor downtime with a signature experience (sunset charter, championship tee time, or chef’s table) to anchor the trip. Bermuda turns high expectations into routine outcomes. Whether you’re flying in for a board meeting, hosting clients, or relocating key talent, the island’s luxury services deliver the privacy, precision, and polish that define a true VIP experience.
Bermuda is well served by private jet services
TIME OUT
Friday night fever
Friday night happy hour, when the drinks are cut-price and Bermudians and expats traditionally let their hair down after a hard week at the office, has become a popular tradition for office workers on the Island. Front Street, Hamilton bars like Port O Call, The Front Yard and
Flanagan’s are popular hangouts, as is the Little Venice on Bermudiana Road.
Marina Nights at the Hamilton Princess Hotel and Beach Club takes happy hour to a new level with live entertainment and barbecued goodies from 5pm to 9pm every Friday from May to September.
NOTHING TO DO?
Although there no regular shows, concerts or sophisticated nightclubs, there are still plenty of things to do in Bermuda. Check out the websites below for what’s on while you’re here. Throughout the year there are special theatre productions, concerts, film festivals, comedy shows, dinner shows, night time sports events and night cruises. You’ll also find many activities tied into seasonable celebrations. www.nothingtodoinbermuda.com www.ptix.bm www.bermudatix.com
The City of Hamilton produces a series of special events throughout the year, including outdoor movies, festivals, arts and cultural initiatives. Visit www.cityofhamilton.bm for details.
Local pubs like Hog Penny in Hamilton come alive on weekends with performances from talented local musicians.
A local production of South Pacific. Visit www.bmds.bm and search for Gilbert & Sullivan Society of Bermuda on Facebook to see if there’s a theatrical performance scheduled during your visit.
The Pursuit of Pleasure: Bermuda Style
Golf
Port Royal is home to the Butterfield Bermuda Championship, a prestigious event on the PGA Tour, boasting a 120-player field and a $6.9 million purse. With six well-maintained courses, Bermuda is a golfer’s paradise, offering stunning ocean views and challenging layouts. While October to April marks
the peak golf season, locals enjoy the sport year-round. Visitors can easily book tee times, though private clubs may require introductions from a member or assistance from your hotel concierge.
Diving and Snorkeling
Bermuda’s underwater world is a haven for divers and snorkelers, featuring
Jet skiing
Deep sea fishing
vibrant coral reefs and historic shipwrecks. With more than 300 wreck sites and warm, crystal-clear waters, it’s no surprise that the island is one of the world’s top dive destinations. Whether you’re a beginner or an experienced diver, there’s plenty to explore beneath the surface, from colorful marine life to Bermuda’s rich maritime history.
Deep Sea Fishing
Set sail on a deep sea fishing adventure and experience the thrill of reeling in big game fish like marlin, tuna, and wahoo. Bermuda’s waters are renowned for their abundance of marine life, making it a top spot for sport fishing enthusiasts. Whether you’re a seasoned angler or trying it for the first time, a fishing trip in Bermuda promises unforgettable excitement and beautiful ocean views.
Jet Skiing
For a heart-pounding adventure, hop on a jet ski and explore Bermuda’s coastline at high speed. Tours are available from several locations across the island, offering both thrilling rides and opportunities to discover hidden coves and beaches. Jet skiing is the perfect way to combine adventure with sightseeing, giving you a fresh perspective of Bermuda’s natural beauty.
Explore Nature
Bermuda is an ecological wonderland, offering a range of outdoor activities for nature lovers. Hike along the scenic Railway Trail, a path that stretches the length of the island, or venture into one of Bermuda’s many nature reserves. Whether you’re exploring lush forests, winding trails, or peaceful coastal landscapes, the island offers a stunning array of flora and fauna to discover.
Kayaking
Kayaking in Bermuda is a peaceful yet exhilarating way to explore the island’s tranquil waters and rich marine life. Paddle through crystal-clear bays and around colorful reefs, where you can encounter a variety of sea creatures. With numerous guided tours available, kayaking is a perfect way to enjoy the serenity of Bermuda’s coastal environment while staying active. n
Exploring nature
Diving
Golf
DINING BERMUDA
LEADERS OF INNOVATION IN DINING
ACHILLES
33, Sea Venture Landing, St. George’s T 441-297-1717 | E info@achilles.bm
This modern tavern on the sea located close to the historic town of St. Georges serves authentic dishes from the “MediterrAsian” worlds. The stunning location is opposite Fort St Catherine’s, overlooking the picturesque Achilles Bay.
BLÛ BAR & GRILL
At the Belmont Hills Golf Club, Warwick T 441-232-2323 | E info@blu.bm
Blû’s stunning location overlooks picturesque Hamilton Harbour and the Great Sound, providing an unparalleled view of the water and international sailing events. Blû has a Southwest-American menu with generous Italian and Asian influences as well as a delightful sushi menu.
FOURWAYS INN RESTAURANT
1 Middle Road, Paget
T 441-236-6517 | E info@fourways.bm
The Grande Dame of Bermuda’s restaurants, famous for its celebrity guest list, renowned menus, signature dishes and Bermuda’s most lavish Sunday brunch. Live piano music in the evening and the most extensive wine cellar on island for discerning connoisseurs, regularly re-stocked from Sotheby’s.
AURORA
27 Harbour Road, Paget Parish T 441-232-8686 | E ga@aurora.bm
Voted ‘Best Seafood Restaurant in Bermuda’ 3 years running, Aurora’s seasonal menu features fresh local seafood and produce from Bermuda’s best fishermen and farmers. We are committed to sourcing sustainable ingredients from local suppliers, ocean to table.
FOURWAYS CATERING
1 Middle Road, Paget
T 441-236-6517 | E info@fourways.bm
Fourways Catering combines culinary passion with commitment to outstanding service. Bermuda’s leading caterer for over 50 years. Serving everyone from royalty and past presidents to cafeteria lunches... no catering is too big or too small.
HARBOURFRONT
At the BUEI, 40 Crow Lane, East Broadway T 441-295-4207 | E info@harbourfront.bm
On the harbour, with its own dock, water lapping gently by the romantic table setting. Catch the sunset from the upper deck. Try our sushi and tempura or savoury dishes featuring the best selection of meats in Bermuda.
DINING BERMUDA
LEADERS OF INNOVATION IN DINING
LA TRATTORIA
Washington Lane, Hamilton T 441-295-1877 | E info@trattoria.bm
One of Bermuda’s longest standing restaurants and a favourite of locals and visitors alike. This festive trattoria has the island’s first wood-burning pizza oven as a centerpiece and is recognized as best in Bermuda for their hearty Italian food, and warm, kid-friendly environment, all at an extraordinary value.
L’ORIENTAL
32 Bermudiana Road, Hamilton (upstairs Little Venice) T 441-296-4477 | E info@loriental.bm
Above Little Venice is Hamilton’s best Oriental & Chinese Restaurant. Fusion cuisine, authentic Chinese dishes, a teppanyaki table and a sushi bar all in one place. Seating available inside under the exquisite Pagoda or outside under the stars.
CAFÉ 4
Windsor Place, 18 Queen Street, Hamilton T 441-295-8444 | E info@cafe4.bm
At Café 4 you’ll find friendly service and a relaxing, fun atmosphere with an award-winning salad bar, home made breads, fresh sandwiches, and an innovative pasta bar with fresh pasta made daily. We offer breakfast and lunch daily.
LITTLE VENICE
32 Bermudiana Road, Hamilton T 441-295-3503 | E info@lv.bm
Celebrating over 50 years of fabulous food and fine wine, with classic and contemporary regional Italian specialities. Spectacular wine list and an ambiance that sparkles with zest. Great outdoor dining on the terrace.
SUL VERDE
60 Tucker’s Point Drive, Hamilton T 441-298-6983 | E bermuda@rosewoodhotels.com
Sul Verde brings the spirit of Southern Italy to the fairways, celebrating the simple, authentic flavors of Campania in a convivial setting. Delectable cheeses, pasta, bread, and sausages are prepared in-house using the finest ingredients.
L’ORIENTAL EXPRESS
1 Church Street, Hamilton T 441-296-7475 | E order@lorientalexpress.bm
Offering the best take-out in Hamilton, providing a wide selection of soup, trademark sushi, pasta bar, wraps and sandwiches, fresh salads and daily hot food specials. Including specialty coffees, teas and smoothies – the selection is unbeatable.
DINING OUT
Our guide to the island’s top restaurants
IN TOWN
Price Guide per three-course dinner, approximately, including 15% tip but not drinks
$ less than $30
$$ $30 to $40
$$$ $40 to $50
$$$$ $50 to $60
$$$$$ $60 plus
Café 4. Windsor Place, 18 Queen Street, Hamilton. 295-8444. $. www. cafe4.bm. Stylish and sophisticated take out of organic, local, fresh dishes. Offers homemade bread, healthy soups and a make-your-own pasta bar with Keto diet options. Best of Bermuda’s winner of Best Salad Bar for a number of years. Enjoy the indoor/outdoor dining facility.
Harbourfront. At the BUEI, 40 Crow Lane, Pembroke. 295-4207. $$$$. www.harbourfront.bm. Reservations recommended. Smart casual. Offers a varied menu featuring a selection of the freshest fish and seafood in addition to outstanding meats, fusion dishes created by management and award-winning sushi. Enjoy perfect harbour views and the beautifully renovated Coral Lounge.
La Trattoria. 23 Washington Lane, Hamilton. 295-1877. $$. www.latrattoria.bm. One of Bermuda’s longest standing restaurants and a favourite of locals and visitors alike. Perfectly placed in the heart of Hamilton, makes it the ideal restaurant for a romantic dinner for two or a gathering with friends. This festive trattoria has the island’s first and authentic wood-burning pizza oven as a centrepiece and is recognized as best in Bermuda for their hearty Italian food,
and warm, kid-friendly environment, all at an extraordinary value.
Little Venice. 32 Bermudiana Road, Hamilton. 295-3503. www.littlevenice. bm. $$$. Reservations recommended. Smart casual. Bermuda’s first and most famous Italian restaurant, celebrating over fifty years of fabulous service, fine food and meticulously prepared classic and contemporary regional Italian specialties. Enjoy fabulous wine and tasty bites with the in-crowd at the adjacent Wine Bar.
L’Oriental. 32 Bermudiana Road, Hamilton (above Little Venice). 2964477. www.loriental.bm. $$. Reservations recommended. Smart casual. The only place to get the best Oriental Fusion cuisine, featuring a welcoming Sushi Bar and Bermuda’s only Teppanyaki table. Seating available inside under the exquisite Pagoda or outside under the stars.
L’Oriental Express. We’ve got you covered! L’Oriental Express is in the heartbeat of the urban community, on the corner of Church Street and Par-La-Ville Road. 296-7475. $. Offering everything from soup and sushi, to wraps and sandwiches, to amazing salads and daily hot food specials. We have a pasta Bar plus specialty coffees, teas and smoothies – the selection is unbeatable.
OUT OF TOWN
Achilles. 33 Sea Venture Landing, St. Georges. 297-1717 www.achilles.
bm $$$ This modern tavern on the sea located close to the historic town of St. Georges serves authentic dishes from the “MediterrAsian” worlds. The stunning location is opposite Fort St Catherine’s, overlooking the picturesque Achilles Bay. The restaurant has outstanding sea views with a menu showcasing classic preparations focused on simplicity, high quality ingredients, colours and spices from two continents.
Aurora. 27 Harbour Road, Paget (at Newstead hotel) T 441-232-8686.
DINING OUT
DINING OUT
www.aurora.bm $$$ Winner of ‘Best Seafood Restaurant in Bermuda’ 3 times, Aurora’s seasonal menu features fresh local seafood and produce from Bermuda’s best fishermen and farmers. We are committed to sourcing sustainable ingredients from local suppliers, ocean to table.
Bella Vista Bar & Grill. Port Royal Golf Course, Southampton, 232-0100. $$ Join us for lunch, dinner, and drinks and find out for yourself why Bella Vista Bar & Grill is the #1 ranked among all of Bermuda’s West End restaurants.
Blû Bar & Grill. 25 Belmont Hills Drive, Warwick. 232-2323. www.blu.bm. $$$$. Reservations recommended. Smart casual. Bold American cuisine with generous Italian and Asian influences that will satisfy any palette. Overlooks picturesque Hamilton Harbour and the Great Sound.
Bone Fish Bar & Grill. 2 Dockyard Terrace, Dockyard. 234-5151. $$ Reasonable-priced menu filled with seafood, top-grade meat (the only smoker in the west end) homemade pastas, great wine list, draft beer, and desserts to die for. Open for lunch and dinner 7 days a week. 11:30am to 10:30pm.
Café Amici. Clock Tower Mall, Dockyard, 234-5009, $$ Italian familystyle restaurant in the heart of historic Dockyard offering a friendly, intimate atmosphere and simple, uncomplicated and affordable Italian cuisine. Open 7 days a week.
Eliana’s Restaurant 106 Southside Road, St. David’s. 777-0555. $$$ Bermuda’s unique dining experience where you can choose from premium cuts of steak, seafood and lamb cooked to perfection.
Reservations recommended. Smart. The Grande Dame of Bermuda’s restaurants, famous for its celebrity guest list, renowned menus, signature dishes and Bermuda’s most lavish Sunday brunch. Live piano music in the evenings and the most extensive wine cellar on the island.
Pizza House Southside, St David’s, 293-5700 Casual. $.
Sul Verde. Rosewood Bermuda, Hamilton Parish. 298-6983. www. rosewoodhotels.com. $$$. Reservations recommended. Sul Verde brings the spirit of Southern Italy to the fairways, celebrating the simple, authentic flavors of Campania in a convivial setting. Delectable cheeses, pasta, bread, and sausages are prepared in-house using the finest ingredients. Next door, the Bar at Sul Verde offers a selection of fine Italian wines, as well as refreshing classics from an Aperol spritz to the signature Negronina, a riff on the classic negroni.
