Bermuda Business Visitor 2027

The inside story on the leading offshore financial centre

2027

Start Business Here Island Life Global Business Your next business move ­­­­­­•­ Expert Insights

•­The Best Hotels

•­Bermuda Economy

•­Facts & Figures

•­Island Etiquette

•­Key Contacts

•­ Top Restaurants

•­Movers & Shakers

•­Business Map

Pass me on for a greener Bermuda

CONTENTS

Agenda 2027

4

Preflight Check

All you need to know when planning your Bermuda trip

10

Facts & Figures

All the key statistics about Bermuda

11

Talking Points

today

Current topics shaping Bermuda

15

23

18

21 22 25

Why We Are Here

What to Wear

Essential advice to be well dressed — island style

People

Our British ties

The Governor, Andrew Murdoch CMG, explains

20

Bermuda Business Map

Your A-Z of all the major Hamilton offices

22

The Waterfront

district

Your guide to this business

CEO’s explain the benefits of being based in Bermuda Meet the Island’s famous residents

Talking Points Current topics shaping island life

The Waterfront

district

Your guide to this business

27 29 35 37 38

Wellness in Bermuda Cancer Care on the Island

Business Toolkit Starting business here

Dressing Bermuda Style Boardroom to boat

Property From renting to buying

Key Contacts

People who can help you make the most of your trip

39

Where to Stay

From luxury waterfront hotels to intimate inns

PRESIDENT & PUBLISHER Ian Coles DIRECTOR OF MARKETING Lissa Fisher ART DIRECTOR Tim Parker WRITERS: Tim Smith Peter Backeberg

42 43

Luxury Experiences Bespoke and VIP Services

Time Out

Compelling reasons to play hooky while you’re here

45 46

Thrills Fun Beyond the Boardroom

Dining Out Bermuda’s Top Restaurants

Editorial, Advertising & Distribution: PO Box HM 2032, Hamilton HM HX, Bermuda. Tel: (441) 292-7279. Email: hello@bm.bm Website: www.bermudamedia.bm Bermuda Business Visitor is published annually by Bermuda Media. © 2027 Bermuda Media. All rights reserved. No part of this publication may be reprinted or reproduced without the written permission of the editor.

Bermuda Business Visitor 2027 3

PREFLIGHT CHECK

Allergies & Bugs

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. Meeting rooms accommodate groups from 4 to 16 and can be booked by the hour or day, with layouts ranging from boardroom style to collaborative lounge style. 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.

WEATHER REPORT Maximum air temperature (°C/°F) Jan 19.9 67.8

Apr 21 69.8

July 28.8 83.9

Oct 26.2 79.2

Austria

Katarina Hoskins

494-4019

Canada

Isabelle Ramsay-Brackstone

535-0144

Belgium Denmark Finland France

Sea temperature (°C/°F)

Ireland

Jan 17 62.6

Jamaica

Apr 18 64.4

July 26 78.8

Oct 24 75.2

Relative humidity (%) Jan 74.2

Apr 71.8

July 81.6

Oct 77.8

Rainfall (cm/inches) Jan Apr July Oct 14.9 9.7 12.1 15 5.8 3.8 4.7 5.9 Based on 10-year averages 4 Bermuda Business Visitor 2027

Italy

Mexico

Netherlands Norway

Portugal Spain

Sweden

Switzerland

United States

Phillippe Dutranoit Michael Schrum John Riihiluoma Nicole Haziza John Kane

Sabrina Di Meglio Winston Laylor

Rod Attride-Stirling Marijke Peterich

CN A Butterfield Andrea Moniz Nola Dean

Alexandra Juul

Fabian Schonenberg Antoinette Hurtado

232-3902 298-4758 295-2244 777-5557 295-6574 279-2061 517-0440 296-8314 236-4578 295-5519 292-1039 295-3062 705-5055 295-5588 295-1342

PREFLIGHT CHECK

Staying Connected

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.

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 2027, try to avoid: • Jan 1 (New Year’s Day) • March 26 (Good Friday) • May 28 (Bermuda Day) • Jun 21 (National Heroes’ Day) • Jul 29–30 (Emancipation Day / Mary Prince Day – aka Cup Match) • Sep 6 (Labour Day) • Nov 11 (Remembrance Day) • December 25-26 Christmas Day/Boxing Day. Note: Because Christmas Day and Boxing Day fall on Saturday and Sunday, the following Monday and Tuesday, December 27 and 28 are designated as official public holidays. 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.

Bermuda Business Visitor 2027 5

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.

PRICE GUIDE

Taxi from Airport to Hamilton Area $45-$55 Café Lunch: Salad or sandwich, tea or coffee $25 Basic two course restaurant lunch $45

Gourmet dinner for two with wine $300 Pint of beer in pub

$11

6 Bermuda Business Visitor 2027

Golf green fees: Port Royal

$220

Vodka Tonic in hotel: $17 Scooter rental per day $40 Mini electric car rental per day $200+

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.

Money matters and tipping The Bermuda dollar is equal in value to the US dollar, and both currencies are accepted throughout the island. Most ATMs dispense Bermuda dollars, but designated machines at the airport and at the HSBC and Butterfield head offices also dispense US dollars. Look for the machines specifically marked for USdollar withdrawals. Visa and Mastercard are widely accepted, while American Express acceptance varies. Many shops, restaurants and hotels also accept contactless payments, including Apple Pay and Google Pay. However, it’s sensible to carry some cash for taxis and tips. Many restaurants automatically add a gratuity of 15–17% to the bill, so check before leaving an additional tip. Extra tipping is optional and can be a way to recognise exceptional service. Hotels and resorts may also include a service charge or gratuity in their bills. Check what this covers before tipping separately. If a member of the housekeeping team or another staff member has provided exceptional service, a personal tip is a thoughtful gesture.

TAXIS

PREFLIGHT CHECK

WORTHWHILE WEBSITES

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 EIGHT CONVENIENT LOCATIONS The Phoenix Centre 3 Reid Street, Hamilton HM 11 Tel: 295-0698 Fax: 295-2636

Collector’s Hill Apothecary 2 South Road, Smith’s FL 08 Tel: 279-5512 Fax: 236-9054

Woodbourne Chemist 1 Gorham Road, Pembroke HM 08 Tel: 295-1073 Fax: 292-0230

Paget Pharmacy Rural Hill Plaza, 130 South Road, Paget PG 06 Tel: 279-5510 Fax: 236-9057

Clarendon Pharmacy 31 Victoria Street, Hamilton HM 10 Tel: 295-9137 Fax: 292-2265

Warwick Pharmacy 49 Middle Road, Warwick WK 05 Tel: 279-5556 Fax: 236-8625

King Street Pharmacy 38 King Street, Hamilton HM 11 Tel: 279-5101 Fax: 279-5102

Dockyard Pharmacy Royal Naval Dockyard Sandys MA 01 Tel: 279-5515 Fax: 279-5528

psl-generic-bag-stuffer-7x4.875.indd 1

www.bermudaairport.com

Updated flight times and details

www.bermudachamber.bm

Chamber of Commerce resources

www.weather.bm

Local weather forecast

www.gotobermuda.com

Official tourism site

www.gov.bm

Official Bermuda Government site

www.bma.bm

Bermuda Monetary Authority

www.royalgazette.com

Local daily paper

www.marineandports.bm www.bermudamedia.bm

Bermuda ferry schedule

www.registrarofcompanies.gov.bm www.cityofhamilton.bm

Independent media organisation To check registered companies

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

FULL-SERVICE PHARMACY » Prescriptions & Over-The-Counter Medications » Free Prescription Delivery » MDS Blister Packaging Service » Compounding Pharmacy Service » Online, Over-The-Phone & Email Prescription Refill Service » Special Order Service For Medications » Medication Reviews & Usage Counselling » On Call Express Glucometer & Supplies 100% Covered by Allshores » 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

Visit The Phoenix Stores today. www.phoenixstores.bm

Bermuda Business Visitor 2027PM7 9/16/26 12:48

PREFLIGHT CHECK

FLIGHT PLAN

G

etting 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

8 Bermuda Business Visitor 2027

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. Initially operating just two aircraft, the airline now leases four, serving 8 destinations from Bermuda: New York (Westchester, Newark), Boston, Montreal, Baltimore/Washington, Toronto, Sanford/Orlando and Halifax. None of these destinations are served with daily flights, only on one, two or three days of the week, with frequencies varying by route and season However, based on past experience, travellers should expect adjustments as BermudAir evaluates passenger loads — the airline frequently revises its schedules and destinations served — 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.

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.

Bermuda uses the same 110-volt outlets as the U.S. and Canada — no adapters needed for your devices from North America

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.

PREFLIGHT CHECK 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

Visitors take note — Bermuda’s top speed limit is just 35 km/h

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.

Private Jets: Flexibility and Convenience For business travellers with demanding schedules, private aviation offers flexible departure times, privacy and a comfortable setting to work or relax. Travelling together can also make a charter an attractive option for executive teams. Bermuda-based Private Jet Club (PJC) arranges private aircraft charters to and from the island and worldwide. Where available, shared flights and by-the-seat options allow travellers to enjoy private aviation without booking the entire aircraft. Discounted “empty-leg” flights can offer further savings for those with flexible plans. At L.F. Wade International Airport, Atlantic Aviation operates Bermuda’s dedicated private jet terminal. Its executive lounge, meeting facilities, customs and immigration assistance, and coordinated ground transport help simplify arrival and departure. As a guide, a one-way charter from the New York area to Bermuda for a party of four to six may cost approximately US$13,000– $20,000 in a light jet. Prices depend on aircraft availability, travel dates and positioning requirements. Bermuda Business Visitor 2027 9

FACTS & FIGURES

Bermuda’s vital statistics GEOGRAPHY Land area 20.5 sq. miles Length 21 miles Greatest width 2 miles Highest point 259 feet Islands in archipelago 138 Farmland: 735 acres Capital: Hamilton Climate: sub-tropical, frost free Nearest mainland: Cape Hatteras, North Carolina, US. 651 miles

POPULATION Total 63,179Total Foreign-born 19,332 United Kingdom 4,088 United States 3,598 Caribbean 2,755 Asian Countries 2,563 Canada 2,140 Azores/Portugal 1,643 African Countries 627 Other European Countries 1,231 Other 687 Gender ratio Female 52% Male 48%

HATCHES, MATCHES & DISPATCHES Births Deaths Marriages Divorce

425 602 329 85

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 for the development of casino gaming in hotels. Where and when the first casino will open is still uncertain.

EDUCATION Private school enrollment Public school enrollment Bermuda College enrollment

3,390 3,841 858

EMPLOYMENT Total occupied jobs Work Permits in private sector Work permits in public sector

Customs Duty Land tax Company Tax Other

18% 7% 6% 21%

GOVERNMENT EXPENDITURE 33,451 10,509 340

GOVERNMENT REVENUE Total $1,158,866 million Payroll tax

49%

Total: $1,202,821 million Grants & contributions Wages & salaries Debt service Capital expenditure Other operating expenditure Government deficit: $440 million

22% 35% 10% 9% 19%

TRADE Total imports Total exports Imports by country USA Canada UK & Europe Caribbean All others Rate of inflation

$1,270.8 million $23.3 million 75% 3% 9% 6% 7% 8%

TRANSPORT Registered Road Vehicles: 50,560 Reported Accidents: 1,459 Road Casualties: 788 Road Fatalities: 7 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. 10 Bermuda Business Visitor 2027

Source: Bermuda Digest of Statistics, 2025 by Government of Bermuda

BRIEFING

Talking points: What’s shaping Bermuda today B ermuda is renowned for its businessfriendly environment and its appeal as a place to work, rest and play. Yet, like other jurisdictions, it faces challenges that influence both daily life and the business outlook. Political leadership is changing, infrastructure is ageing and the international business sector is adjusting to a corporate income tax that has generated hundreds of millions of dollars for the Government. The new tax also adds urgency to Bermuda’s efforts to remain competitive. Housing costs, labour shortages and road safety remain pressing concerns. Here are some of the topics you may hear discussed over lunch, evening cocktails or in the boardroom.

Politics Premier David Burt has long said he intended to serve only two full terms as leader of the governing Progressive Labour Party (PLP). In 2022, he confirmed his intention to step down in 2026. Party delegates are due to choose his successor at the annual conference in October. Jason Hayward, the Minister of Economy and Labour and a former union leader, announced his candidacy earlier this year. His challenger is Curtis Dickinson, a former finance minister who ran unsuccessfully against Mr Burt for the leadership in 2022. The contest has prompted debate about the party’s economic direction and who will take responsibility for the finance portfolio, which Mr Burt also holds. Mr Burt has said he intends to remain in Parliament as a backbencher after stepping down. For business visitors, the key question is how the next administration will approach economic competitiveness, public finances and the cost of living. The opposition One Bermuda Alliance (OBA) has also undergone a leadership change. Robert King, elected party

Fairmont Southampton: Renovations progress as the resort moves towards reopening.

leader in September 2025, was removed as Opposition Leader by the party’s parliamentary caucus in February 2026. Ben Smith was subsequently sworn in as Opposition Leader and now leads the party.

Infrastructure Potholes are a familiar frustration on Bermuda’s roads. Repairs can be shortlived, with heavy rain creating new damage or reopening previously patched sections. Major trenching work by electricity supplier BELCO has also disrupted roads. With repaving costs estimated at around $1 million a mile, improvements have been slow, compounded by difficulties with the island’s asphalt plant. A replacement asphalt plant has faced repeated delays and is now expected to become operational in early 2027. For visitors, allowing extra time for journeys is sensible, particularly where roadworks are under way. Two important crossings in the east of the island are also in need of renewal. The ageing Swing Bridge, which connects St George’s Island with St David’s, is being replaced. Plans and design work have also been undertaken for a replacement Longbird Bridge, although that project is less advanced. The existing crossing

between the Causeway and the airport uses temporary Bailey bridges.

Hotels and tourism Bermuda is seeing renewed investment in its tourism industry, with major hotel projects expected to expand accommodation and improve facilities for visitors. Gencom is investing hundreds of millions of dollars in refurbishing Fairmont Southampton, Grotto Bay is undergoing a major expansion and The Loren Group has announced plans to redevelop the former Elbow Beach hotel. At Fairmont Southampton, the island’s largest hotel with 600 rooms, the new Palmetto Beach Club has opened ahead of the hotel’s wider reopening. Day passes are currently available, but the resort plans to phase them out when the hotel reopens, reserving access for hotel guests and resort members. The hotel’s anticipated reopening has slipped through several projected dates, with hopes of a summer opening giving way to late 2026. With refurbishment still under way, early 2027 now appears more likely, although the developers have yet to confirm a reopening date. The redevelopment represents an investment of approximately $550 million. At Elbow Beach, The Loren Group, Bermuda Business Visitor 2027 11

BRIEFING which operates The Loren at Pink Beach, plans a luxury development with 76 guest rooms and 22 detached villas. The group describes the project as an extensive renovation, with completion targeted for 2029. Grotto Bay Beach Resort has also been undertaking extensive improvements, attracting less attention than some of the island’s larger hotel projects. Its expansion includes 53 additional guest rooms, alongside renovations to existing rooms and a new rooftop bar.

The space economy Bermuda has a long association with NASA. Its original Cooper’s Island station closed in 1999, before a smaller tracking operation returned in 2012. The Government now aims to build a broader space economy. Home Affairs Minister Alexa Lightbourne has outlined the ambition in the House of Assembly. She described the sector as technically demanding, internationally competitive and increasingly important to the global economy. Bermuda’s aim, she said, is to attract responsible commercial operators through credible regulation, generate economic activity and help diversify the island’s economy. Under Project NOVA, the UK Space Agency is developing a global network of optical telescopes to monitor satellites, space debris and near-Earth objects. Bermuda has been selected for the first site, at Cooper’s Island, which King Charles III visited during his 2026 visit to the island. Blue Origin, the space company founded by Jeff Bezos, has also installed and tested a Quartz ground station in Bermuda. It is one of the first three stations in a planned nine-site global communications network, alongside installations in Australia and New Zealand.

Google and subsea connectivity Bermuda’s Atlantic location is also attracting investment in subsea communications infrastructure. Two Google cable systems, Nuvem and Sol, landed at St David’s in June 2026. A third, Canoa, is planned as part of Google’s expanding network through Bermuda. 12 Bermuda Business Visitor 2027

Nuvem links the United States, Bermuda, the Azores and Portugal, while Sol links the United States, Bermuda, the Azores and Spain. Canoa will connect Bermuda with the Dominican Republic and tie into the wider Nuvem and Sol network. Together, these projects could strengthen Bermuda’s position as a digital communications hub between North America, Europe and the Caribbean.

Zane DeSilva, the Minister of Housing and Municipalities, has been tasked with increasing the supply of affordable homes. Housing schemes have been announced across the island, but shortages and high construction costs continue to put pressure on prices and rents. For businesses, these costs can complicate recruitment and the relocation of employees.

Cost of living

Road safety

Bermuda’s high cost of living is a concern for residents and employers alike. The island imports most of what it consumes, leaving it particularly exposed to overseas prices and shipping costs. The Government has reduced the tax burden on lower-paid workers and is developing competition legislation. The proposed Competition Act 2026 would establish a Competition and Regulatory Authority and address practices such as price-fixing and potentially harmful mergers. Housing is another major pressure. Affordable homes remain in short supply, despite estimates that some 6,000 people have left the island in recent years.

Road safety remains a serious concern in Bermuda, with consequences for residents and visitors alike. By early October 2026, Bermuda had recorded 14 road deaths, already exceeding its annual average of around 12. Road collisions also cause injuries requiring hospital treatment. Despite repeated awareness campaigns, reducing deaths and serious injuries remains a persistent challenge. If renting a scooter, visitors should drive defensively, allow for narrow roads and unexpected manoeuvres, and take particular care. Those unfamiliar with riding may find taxis or public transport a more suitable option.

BRIEFING Google cable landing station: Land cleared for construction of Google’s cable landing station.

Population and workforce Bermuda’s ageing population is increasing demand for long-term care, where places are already in short supply. This has left some patients at King Edward VII Memorial Hospital, the island’s main acute-care hospital, unable to leave because suitable care elsewhere is unavailable. The labour market is also exceptionally tight. The November 2024 Labour Force Survey recorded overall unemployment of 1.4 per cent, Bermudian unemployment of 1.3 per cent and youth unemployment of 3.4 per cent. Those figures indicate an economy close to full employment, making recruitment challenging for employers. The Government has acknowledged the need to expand the working population, although it has scaled back an earlier proposal to add some 8,000 people, describing that target as too ambitious.

Digital finance and blockchain Bermuda was an early mover in digitalasset regulation and remains determined to turn that head start into another pillar of its economy. The Digital Asset Business Act 2018 established a

Swing Bridge: An architectural rendering of the planned replacement Swing Bridge

regulatory framework overseen by the Bermuda Monetary Authority (BMA). Rather than simply attracting cryptocurrency businesses, Bermuda sought to offer a setting in which digital finance could develop within an established regulatory system. That approach remains central to Mr Burt’s economic vision. The Government sees digital finance as an opportunity to diversify an economy heavily dependent on international business, particularly insurance and reinsurance. Its argument is that the specialist regulation, international credibility and ability to adapt legislation that helped build Bermuda’s insurance industry could also support its development as a digitalfinance centre. The focus has broadened beyond cryptocurrency trading to include stablecoins, digital payments, tokenised financial products and digital identity. Stablecoins are digital tokens designed to track the value of a reference asset, commonly the US dollar; tokenisation represents assets or financial rights digitally. The 2025 Throne Speech pledged to develop Bermuda as a digital-finance hub through voluntary digital identity solutions and regulations that support innovation, while ensuring Bermudians benefit from the opportunities created. Mr Burt has since set a more ambitious objective: making Bermuda what the Government describes as the world’s first fully “on-chain” national economy. In practical terms, this means using

blockchain-based financial infrastructure more widely in everyday transactions, potentially allowing businesses, consumers and the Government to make and receive approved digital payments. In May 2026, the Government announced that Cabinet had approved proposals to amend public-finance legislation to clarify its authority to accept stablecoins and other approved digital payments. The strategy also emphasises local participation. The Government wants Bermudians to develop industry skills, entrepreneurs to build related businesses and smaller companies to benefit from more efficient payment technology. Proposed changes to the FinTech Development Fund would support education, entrepreneurship and digitalfinance projects. The Government has said at least half of the money disbursed would be reserved for projects involving companies with majority Bermudian ownership. The aim is to move beyond regulating overseas digital-asset businesses towards wider use of digital finance within Bermuda itself. Bermuda’s small size, financial-services expertise and ability to adapt legislation could help it test and introduce new approaches. The challenge is to translate regulatory leadership into lasting jobs, investment, lower transaction costs and opportunities for Bermudians, ensuring that meaningful economic activity takes place on the island. n Bermuda Business Visitor 2027 13

WELCOME TO THE HOME OF

The Original Bermuda Shorts You can buy Bermuda Shorts all over the world, but you can only get the originals at The English Sports Shop. SINCE 1918 this beloved Front Street icon has proudly served Bermudians and visitors alike with a unique blend of British tailoring and island style. With a history as colourful and diverse as the offerings – including custom blazers, British knitwear, linen jackets and Bermuda shorts in every colour – The English Sports Shop prides itself on its legacy which remains on Bermuda’s famed Front Street in a historic building full of atmosphere. Described in reviews as “an institution” to Bermuda itself “with classic old-world charm and service, often unseen today in similar high-end clothing stores”, the editors of CN Traveller Guide called the store “an island ‘Must-Do’”. What sets The English Sports Shop apart is a commitment to authenticity, tradition, and of course – the unique Bermuda island style. The island’s British heritage is honoured with a full selection of formalwear and classic brands from the UK, many of which are not widely available in North America. Charles Tyrwhitt, Crew Clothing and more are found alongside such Brit fashion icons as fairisle knitwear direct from the Shetland islands, rugby shirts, and multiple brands, like Truefitt & Hill, that carry the Royal Warrant of His Majesty King Charles. Island style runs through everything here, from shorts in every colour to linen jackets and Bermuda-motif clothing and accessories, all designed by the in-house team.

HOME OF THE ORIGINAL BERMUDA SHORTS

Visit The English Sports Shop on Front Street in Hamilton or Water Street in St. George’s.

“A must for those who wish to purchase the isla nd’s eponymous shorts .” – Condé Nast Traveller Guide to Berm uda

Bermuda, Where Business Looks Better! CUSTOM-DESIGNED FORMALWEAR, KNITWEAR & RESORT WEAR 49 Front Street, Hamilton • 1-441-295-2672 30 Water Street, St. George’s • 1-441-297-0142 www.theenglishsportsshop.com

WHAT TO WEAR

The Bermuda Rig A guide to the island’s unofficial national uniform, with help from The English Sports Shop, home of the original Bermuda shorts. who famously described it as “a bit of old Oxford and a bit of the Khyber Pass.” With his seal of approval, as Eric Twardzik later wrote in Robb Report, the Bermuda short took off, and it “remains a vital part of the island dress code today.”

The Heart of the Rig In British English, a “rig” is a complete outfit, and the Bermuda Rig is the island’s most famous one: shorts, blazer, shirt and tie, knee socks and smart shoes, all worn together. At its centre is the staple of every Bermudian’s wardrobe, a good pair of Bermuda shorts. At The English Sports Shop, the shorts come in colours inspired by the island itself, from pink sands to stormy seas, and every pair honours the history and legacy of Bermuda’s signature garment.

Building the Bermuda Rig The rig for men

The Origins of the Bermuda Short The story of the Bermuda short begins during the First World War, just a few years before The English Sports Shop first opened its doors in 1918. In 1914, business was booming for Bermudian tearoom owner Nathaniel Coxon. Officers of the British Royal Navy stationed on the island crowded into his tearoom, and his staff were struggling in the heat. Their uniform of navy blazer and khaki trousers was simply too hot, but replacing it was too costly for a savvy businessman like Coxon. And that’s where

The rig for women

the magic happened. Legend has it that Coxon took every pair of trousers and cut them off just above the knee. His staff had a cooler uniform, and the very first Bermuda shorts were born. The distinctive look soon caught the eye of customers, including British Rear Admiral Mason Berridge,

So now that you have your traditional Bermuda shorts, how do you style them? Their recent return to the fashion world has shown just how many ways there are to style them. Add a polo shirt for a smart-casual look. For formal and business occasions, though, the rules are strict, and the look is predominantly worn by men. A navy blazer, a dress shirt and tie, knee socks and leather shoes are de rigueur. For the truly traditional Bermuda Rig, as seen on businessmen all along Front Street, here’s what you’ll need: A blazer, such as the shop’s own Henley

Bermuda Business Visitor 2027 15

WHAT TO WEAR

blazer, made with fabric from the renowned Fox Brothers mill in England Knee socks, a shop speciality that has been shipped to every continent except Antarctica A Bermuda belt and tie to finish the look.

A British Favourite, Right Here in Bermuda A little piece of Britain, with something for everyone M&S women’s business attire

The Rig for Women While the full Rig is most often seen on Bermuda’s businessmen, it is worn with pride by Bermuda’s female athletes when they represent the island. In the workplace, depending on how formal the office is, women most often wear Bermuda shorts with a matching jacket. No socks are required, but footwear should be smart and office-appropriate.

Make It Your Own One of the best things about the Bermuda Rig is that you can make it your own. The team at The English Sports Shop love seeing customers bring their personal style and flair to the unofficial national uniform.

F

ew names are as woven into British life as Marks & Spencer. What began in 1884 as a penny bazaar on a Leeds market stall has grown into one of Britain’s best-loved high-street institutions, trusted by generations for quality, value and timeless style. M&S has been part of Bermuda life

16 Bermuda Business Visitor 2027

since the 1960s, and it remains the only store in North America and the Caribbean, which comes as a welcome surprise to many of our visitors. Fashion is at its heart. You’ll find clothing for women, men and children, alongside lingerie, footwear and accessories, from office-ready tailoring

WHAT TO WEAR Office-ready tailoring

chocolates, preserves Well-chosen and a well-chosen wine wines selection, perfect for a hotel-room supper, entertaining or a gift to take home. Bath and body ranges complete the offer. And whatever you do, don’t leave without a bag of the legendary Percy Pigs. Consider them an essential souvenir.

For longtime customers and firsttime visitors alike, M&S brings British style, quality and a little everyday indulgence together under one roof, right here on Reid Street. Marks & Spencer. 18 Reid Street, Hamilton, Tel: 441-295-0031. Web: marksandspencerbermuda.com

The ultimate British experience, right here in Bermuda. to relaxed weekend pieces. Judges at The Bermudian’s Best of Bermuda Awards have named M&S the island’s best for women’s business attire four years running, praising its range for every age group, and its everyday lingerie has taken top honours too. Then there’s the food hall, a taste of home for British residents and a discovery for everyone else. Browse biscuits, teas, British biscuits

From our clothing for the whole family to food & wine, you will find everything you need at

18 Reid Street, Hamilton 295-0031 | msbermuda@tess.bm www.marksandspencerbermuda.com

Bermuda Business Visitor 2027 17

FROM THE GOVERNOR

Diplomacy

meets business

H

is 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 selfgovernment 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 18 Bermuda Business Visitor 2027

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 forwardlooking 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

FROM THE GOVERNOR 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 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 Bermuda Business Visitor 2027 19

Bermuda Business Visitor

HAMILTON BUSINESS MAP 2

1

3

4

13

12 11 10

14

5 16

9 6

7 8

1

Bermuda Business Visitor

26 Altura Arch Reinsurance Ltd AXA XL AXIS Bermi-Localmotion Bermuda Cancer and Health Centre Bermuda Media Bermuda Stock Exchange Bermuda Underwater Exploration Institute (BUEI) Brookfield Wealth Solutions Ltd/North End Re Ltd Café 4 Chubb Clarendon Pharmacy Cuarenta Bucaneros Global Consultants

14 3 7 12 26 30 15 4 28 24 16 6 25 27 22

27

28

29

English Sports Shop Harbourfront Restaurant L’Oriental Restaurant L’Oriental Express La Trattoria Restaurant Little Venice Restaurant Marks and Spenser Phoenix Centre Rego Sotheby’s International Realty Rosemont Guest Suites Royal Palms Hotel TABS The Planning Factory Woodbourne Chemist Walker Christopher

30 18 29 10 11 21 9 20 17 23 1 2 19 13 5 8

25

22 21

15 17

19

24

20 23 18

WHY WE ARE HERE

From Paris to Bermuda: Greg Garnier finds the right balance

H

SBC Bermuda chief executive Greg Garnier has spent 25 years in banking, with a career that has taken him from Paris and New York to Russia and Bermuda. Here, he has found a sophisticated international business community, a different pace of life – and an enthusiasm for Cup Match, even if the cricket itself remains something of a mystery. Ask Greg Garnier about banking and he has 25 years of experience to draw on. Ask the Frenchman where square leg is on a cricket field and things become rather less certain. “Before coming here, and you know, no question, I am French. I knew nothing about cricket,” Mr Garnier says. “I’m not going to say that I know a lot now. I know a little bit more.” That has not prevented him from becoming a Cup Match convert. HSBC has sponsored the event for 19 years and, when Mr Garnier held his first staff town hall shortly after arriving in Bermuda, one of the first questions was whether he supported St George’s or Somerset. His initial response was: “What are you talking about?” There is no uncertainty now. “I can tell you, I’m now a proud St. George fan,” he says. For Mr Garnier, Cup Match is “a lot more than just cricket”. He says HSBC supports the event because it brings communities together, describing the atmosphere as almost “Christmas during summer”. “You can be the Premier, you can be the CEO of a bank, or you can be anyone,” he says. “It’s everyone just there together.” Mr Garnier began his banking career after business school. He spent his first 20 years specialising in investment banking, working in Paris, then New York, before returning to Paris. He helped clients with acquisitions, disposals, financing and balance-sheet management. Five years ago, his career changed direction when he moved from advising clients to running a bank, first in Russia

and, for the past couple of years, in Bermuda. The island was not entirely unfamiliar. Mr Garnier first visited 13 or 14 years ago for a business meeting, fitting in a couple of rounds of golf during the trip. “I discovered an island that looked like paradise,” he says. He remembers being impressed, but thinking he would probably never return. More than a decade later, the opportunity to interview for his current role brought him back. “For once, I didn’t have to choose between business and pleasure,” he says. Bermuda is not an obvious destination for an international banker. Mr Garnier notes that bankers traditionally gravitate towards centres such as London, New York and Hong Kong, while Bermuda sits “outside of the usual map”. But the clients he works with here, many of them global reinsurance businesses, are also served by HSBC in those major financial centres. “My job actually is the same than the one my colleagues have in all those geographies,” he says. One difference is access to senior

business leaders. In Bermuda, Mr Garnier says, chief executives and other senior executives are easier to meet and are also part of everyday island life. “You want a meeting, you’d get it next week,” he says. “In London, you want a meeting, you’ll get it in two months.” He has also found Bermuda better connected than he and his family expected, pointing to the short flight to New York and the ease of reaching the airport. There are frustrations. Mr Garnier says getting things done can sometimes take longer than he would like, both in his personal life and in business. But he also sees a benefit to that slower pace. “It also creates an element where there is a little less stress in the business than in other geographies,” he says. That mix of business and lifestyle is central to Mr Garnier’s experience of Bermuda. As for cricket, there is still some learning to do. Cup Match, however, has already won him over. “Hopefully next year,” the St George’s supporter says, “we’ll bring the Cup back home.” n Bermuda Business Visitor 2027 23

WHY WE ARE HERE

Why Bacardi Calls Bermuda Home

“A

s 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,” 24 Bermuda Business Visitor 2027

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

WHY WE ARE HERE

Finding Purpose and Community W hen 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 Bermuda Business Visitor 2027 25

Excellence in Cancer Care. Here in Bermuda. From early detection through treatment and support, cancer care is available here in Bermuda.

Early Detection

Diagnostics

Cancer Navigation

Oncology and Treatment

Integrative Wellness

At Bermuda Cancer and Health Centre, we provide accessible, personalised, evidence-based care from early detection through treatment and support. We do not charge a co-pay for any of our services, regardless of insurance status or ability to pay.

Cancer care for all in Bermuda.

Learn more at cancer.bm cancer.bm info@chc.bm 441-236-1001 Bermuda Registered Charity #070

WELLNESS

Cancer Care Close to Home in Bermuda

H

ere we can slow down and answer the reader's underlying question: If cancer touches my life while I am living in Bermuda, what care is actually available here?

Cancer care may be closer than you think When you move to Bermuda for work, there are plenty of things to learn about island life. Where you would turn if you or someone in your family faced cancer may not be something you think about until you need it. Bermuda Cancer and Health Centre is helping ensure people across Bermuda have access to high-quality cancer prevention, early detection, diagnostic and treatment services close to home.

Finding cancer earlier Early detection can make an important difference. Bermuda Cancer and Health Centre provides comprehensive breast health services, including mammography, ultrasound, breast biopsy and ContrastEnhanced Mammography (CEM), an advanced imaging option that can help investigate areas of concern. The Centre also provides cancer genetics and risk assessment, helping people better understand their individual and family cancer risk and make informed decisions about screening and prevention.

Helping you navigate what comes next A cancer diagnosis can quickly become complicated. There are appointments, tests, different healthcare providers and decisions to make, often at a time when patients and families are already dealing with uncertainty. Bermuda Cancer and Health Centre's Cancer Navigation Service provides personalised guidance and support, helping patients understand what comes next and connecting them with the services and

resources they may need throughout their cancer journey.

support plays an important role in making its services accessible.

Cancer treatment here in Bermuda

The Centre does not charge patients a co-pay for any of its services, regardless of insurance status or ability to pay.

For people who need radiation therapy, treatment is available at Bermuda Cancer and Health Centre. Continued investment in specialist technology and expertise means more of the cancer-care pathway can take place here in Bermuda. The Centre's new CT simulator supports the detailed planning required before radiation treatment begins, allowing the clinical team to precisely map and plan each patient's treatment. For patients, receiving appropriate care locally can also mean less disruption to work, family and everyday life at an already difficult time.

Access should not depend on ability to pay Bermuda Cancer and Health Centre is a registered charity, and community

That means the same commitment to care applies whether someone has comprehensive health insurance, limited coverage or no insurance at all.

Here when you need us Whether Bermuda has always been home or has only recently become home, knowing what healthcare is available matters. If cancer touches your life, you don't have to figure out where to start on your own. Learn more about cancer prevention, early detection, navigation and treatment at chc.bm. n Bermuda Business Visitor 2027 27

AXIS celebrates 25 years of delivering trust, credibility, and specialty insurance and reinsurance solutions to customers worldwide.

Scan the QR code to find out more

BUSINESS TOOLKIT

BUSINESS TOOLKIT Bermuda offers a welcoming environment for businesses and the people behind them.

Doing Business in Bermuda: Where to Begin T he people, processes and professional support that turn business plans into a working operation. A business visit can be the beginning of something much larger: a new company, a regional office, an investment or a professional partnership. Bermuda offers an established international business community, a legal system rooted in English common law and access to experienced advisers. For newcomers, the challenge is

understanding how these resources fit together. The first question is what you want to do here. Managing international operations from Bermuda, serving local customers and investing in an existing business can involve different structures and permissions. A clear description of your proposed activities, ownership, funding and staffing will help advisers identify the appropriate route. Start with a realistic operating budget and timetable. Incorporation, regulatory

approvals, banking, recruitment and premises are connected decisions, but they do not necessarily progress at the same speed. Bringing the right professionals into the discussion early can help prevent one unfinished step from holding up the whole operation.

Choosing the right structure One of Bermuda’s most important distinctions is between local and exempted companies. Local companies generally serve the domestic market and must meet Bermudian ownership and control requirements, commonly described as the 60/40 rule, unless appropriately licensed or otherwise exempted. An overseas investor should obtain advice on how these requirements apply to the proposed ownership and management arrangements. Exempted companies are generally established to conduct business outside Bermuda, often from an office on the Bermuda Business Visitor 2027 29

BUSINESS TOOLKIT Contemporary office spaces are available in Bermuda, with more coming on stream.

island. They are exempt from the usual Bermudian ownership requirement, but face restrictions on conducting business within Bermuda. The word “exempted” describes their corporate classification; it should not be read as a blanket exemption from tax or regulation. The boundary matters. Operating internationally from Bermuda does not automatically authorise a company to sell into the local market. Equally, some activities are specifically permitted without an additional domestic trading licence. Ask your lawyer to assess the actual business model rather than relying on the company’s label. A limited company is not the only option. Limited liability companies, partnerships and permits for overseas entities may suit particular arrangements. The appropriate choice depends on liability, governance, investors’ requirements and the tax treatment of the structure in other countries. A Bermuda law firm or corporate service provider can guide formation, prepare constitutional documents and 30 Bermuda Business Visitor 2027

coordinate required filings. Agree who will handle the registered office, company secretarial work, annual fees and ongoing records. Where activities fall within financial services or another regulated sector, discuss licensing before committing to a launch date. Incorporating an entity and obtaining permission to conduct its proposed business are separate steps.

Keeping the company in good order Establishing a company creates continuing responsibilities. These include maintaining required records, filing annual declarations and paying annual government fees. Beneficial ownership requirements also call for identifying and verifying the individuals who ultimately own or control an entity and keeping the relevant information current. Some businesses must meet economic substance requirements. Broadly, these concern whether an entity undertaking specified activities has an adequate presence and conducts the relevant work

in Bermuda. The assessment can involve management, employees, expenditure and premises; the requirements depend on the activity. Discuss substance when designing the operation, rather than treating it as paperwork to resolve afterwards. Ask your advisers to establish a compliance calendar and name the person responsible for each obligation. Outsourcing administration can be helpful, but directors and management still need to understand the company’s duties and ensure that filings accurately describe its activities.

Opening a business bank account Approach a bank early, with a clear explanation of the business and the services required. Account opening involves checks on the entity, its owners and the origins of its money. It is a separate process from incorporation, and a registered company should not assume that an account will be available immediately.

Continued on page 34

The Right Space to Do Business

Flexible Works paces

Meeting rooms, desks & amenities ready whenever your workday calls for it.

Book now at Altura.bm

Get instant access to our available offerings today.

W

hen 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

"Book by the hour or by the day, and walk into a space that feels like its been prepared just for you” 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 onsite 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. n

22 Queen Street, Hamilton • 298 2321 • altura.bm

Bermuda Business Visitor 2027 31 Altura Ad Oct. 2026.indd 1

09/10/2026 1:56 PM

BUSINESS TOOLKIT

Making Bermuda Feel Like Home

M

oving to Bermuda for work is an exciting opportunity, but establishing a new home while preparing for a new role can be demanding. Beyond arranging flights and packing belongings, there are decisions about accommodation, transport, schools and the practical

details of everyday life. For employers and incoming staff alike, professional relocation support can make the transition easier. A relocation specialist brings local knowledge to decisions that are difficult to make from overseas. Understanding neighbourhoods, comparing housing

From your home to ours.

YOUR BERMUDA RELOCATION EXPERTS

We are the one-stop shop for all new residents looking to relocate to Bermuda. Every relocation is unique, so we make it simple, affordable and seamless. JUST LANDED

AIRPORT PICKUP

ACCOMMODATION

UTILITIES SET UP

BANKING

Convenience

Cost Saving

Community

All local resources at your fingertips.

Value compared to other relocation agencies.

Direct connection with new residents and Bermudians.

Take 15 minutes to chat with us about your move. SCHEDULE A FREE CONSULTATION

32 Bermuda Business Visitor 2027

+1 441-535-2769 info@softlanding.bm WWW.SOFTLANDING.BM

options and assessing the journey to work can help newcomers choose a home that suits their budget and lifestyle. For families, guidance on schooling and suitable activities can be particularly valuable. Support can also help coordinate the move itself, from identifying shipping options to arranging appointments and preparing for arrival. Depending on the provider and package, assistance may extend to utilities, communications and introductions to local services. Having someone familiar with the island explain what needs to happen, and in what order, can reduce uncertainty and avoid unnecessary delays. The benefits reach beyond convenience. Employees who settle comfortably are better placed to concentrate on their new responsibilities, while partners and children gain confidence as they find their own routines. For businesses recruiting internationally, a wellsupported move can help create a positive first impression and give new colleagues a stronger start. The right level of assistance will vary. Some people need advice on a few key decisions; others prefer someone to coordinate the entire process. Agreeing the scope, timing and fees at the outset helps ensure the service meets expectations. Soft Landing Relocation (Bermuda) offers tailored support for individuals, couples and families, helping them make a confident transition to island life. Its approach allows clients to choose cost-effective assistance with specific needs or comprehensive “donefor-you” packages. Whether a move calls for minimal guidance or full-scale support, Soft Landing focuses on managing the details with care, precision and professionalism. Its aim is to simplify the process, reduce stress and help newcomers feel ready for life in Bermuda. To discuss your move, call or WhatsApp +1 441-535-2769, email info@softlanding.bm, or visit www.softlanding.bm. n

BUSINESS TOOLKIT

Office Design That Works for Your Business S etting up an office in Bermuda is an opportunity to create a space that reflects your business and supports the people who use it. A welldesigned workplace balances practical needs with the right atmosphere: somewhere employees can concentrate and collaborate, and where clients feel welcome. Layout, lighting, acoustics, furnishings and meeting areas all contribute to how comfortably and effectively a space works. Choosing the right design partner begins with finding a team that understands your working practices, brand, budget and priorities. Local experience can be particularly valuable when coordinating suppliers, deliveries and installation. Whether you are

furnishing a new office or adapting an existing space, a clear brief and thoughtful planning can help turn your ideas into a workplace that makes a strong first impression and serves your business over time. Planning Factory Bermuda is a design studio specializing in interior design, space planning, branded environments and styling for hospitality, corporate and commercial spaces. Its work begins with understanding how a space should look, feel and function for your needs and extends through the details required to bring you a more viable working environment. From interior concepts, FF&E and finishes to custom furnishings, art, accessories, procurement and installation,

its team provides thoughtful design supported by practical, on-island execution. Based in Bermuda and working regularly between Bermuda and the United States, Planning Factory Bermuda is equally comfortable leading a project or collaborating alongside a client’s existing architects, designers and consultants. Its portfolio includes work for some of Bermuda’s most recognized international brands and hospitality properties, including the recently completed interior design and styling of Mirador at Rosewood Bermuda. Experienced space designs. Beautifully executed. Distinctly Planning Factory Bermuda. n

DESIGNING

THE EXPERIENCE Interior design and space planning for hospitality, corporate environments and branded spaces that inspire connection, engagement and lasting experiences.

MIRADOR ROSEWOOD BERMUDA

Planning Factory Bermuda provided the interior design and styling for Mirador, a new beachside bar and lounge at the five-star Rosewood Bermuda property, created in collaboration with Patrón. INTERIOR DESIGN

BRAND ENVIRONMENTS

SPACE PLANNING

STYLING

CHER@PLANNINGFACTORY.COM 441.295.8400 @PLANNING.FACTORY

Bermuda Business Visitor 2027 33

BUSINESS TOOLKIT HSBC Bermuda’s business account guidance, for example, identifies identity documents, source of wealth and source of funds as key information. Be ready to explain both how the owners accumulated their wealth and where the money funding this particular business comes from. Ask the chosen bank for its current corporate checklist and requirements for certified documents. Prepare an ownership chart, incorporation records, details of directors and authorised signatories, and a concise business plan. Explain anticipated transactions, the countries involved and expected account activity. Complex ownership arrangements may require further evidence, so complete and consistent information is valuable. Consider everyday banking needs as well as the account itself: currencies, overseas transfers, payroll, online access, approval controls and any merchant services. Compare fees and discuss borrowing separately. An accountant or corporate services adviser can help coordinate documents, while the bank makes its own onboarding decision.

Understanding accounting and tax Good accounting starts before the first invoice. Decide how transactions will be recorded, who will approve spending and how management will monitor cash flow. A local accounting firm can help establish bookkeeping, payroll and reporting arrangements, whether the business needs occasional support or an outsourced finance function. Audit requirements depend on the entity, its regulatory position and any available exemptions or waivers. Banks, investors or a parent company may also require audited statements even where legislation permits another approach. Establish the reporting standard, yearend and audit arrangements at the outset. Bermuda’s tax position requires a current assessment. A 15 per cent corporate income tax took effect for fiscal years beginning on or after January 1, 2025, applying to in-scope Bermuda businesses within multinational groups meeting the €750 million consolidated revenue threshold, subject to the legislation’s detailed rules and exclusions. 34 Bermuda Business Visitor 2027

It is not a general profits tax imposed on every small business. Nor does being outside its scope remove other payment or reporting obligations. Payroll tax is particularly relevant to operating costs. It applies to remuneration and has employer and employee portions; rates and concessions depend on the applicable rules. Budget for relevant social insurance, pension and health insurance obligations, along with annual company fees and other charges that may apply to the operation. International owners should also consider their home-country tax position, group reporting and transactions between related companies. Decisions about ownership, management and where work is performed can have consequences beyond Bermuda. Coordinate local advice with the group’s overseas tax advisers before settling the structure.

and room for growth. A serviced office or flexible workspace may suit an initial presence, while a conventional lease can offer greater control over a longer-term operation. Compare the total occupancy cost, rather than the headline rent alone. Clarify service charges, utilities, maintenance responsibilities, deposits and any taxes or rates charged to the tenant. Ask about lease length, renewal options, alterations and the condition in which the premises must be returned. Inspect the practical details: air conditioning, natural light, accessibility, internet availability and arrangements for power interruptions. Have an agent and lawyer review the proposed terms, and obtain design and fit-out estimates before signing. Available space, rents and landlords’ willingness to negotiate should be assessed against the current market.

Building your team

Technology, privacy and continuity

Recruitment should reflect both immediate needs and the skills required as the business grows. A local recruitment firm can help assess the available talent, identify suitable candidates and advise on market expectations. Clear job descriptions make it easier to distinguish essential qualifications from preferences and to plan any training needed. Employment practices must comply with Bermuda law. Arrange appropriate written employment terms, payroll procedures and policies covering matters such as leave, conduct and termination. Employers also have health insurance responsibilities for employees and their non-employed spouses. Confirm the applicable pension and social insurance arrangements when calculating the full cost of a position. Where overseas expertise is needed, recruitment and immigration planning must work together. The separate immigration article in this Toolkit explains the main permit routes. A company’s formation does not itself give an overseas owner or employee permission to work here.

Finding premises that fit An office should suit the work, the team and the clients who will visit it. Consider location, access, meeting space, privacy

Technology planning belongs alongside the premises decision. Confirm connectivity at the proposed address, agree installation dates and identify support for devices, cloud services and remote working. Decide who controls accounts and administrator access, particularly where local systems connect to an overseas head office. Cybersecurity needs clear responsibilities and everyday discipline. Multi-factor authentication, software updates, tested backups and staff awareness can help protect operations. Establish how suspected fraud or an outage will be reported, and how essential work will continue while systems are restored. Bermuda’s Personal Information Protection Act became fully effective on January 1, 2025. Organisations using personal information must address their obligations, including privacy governance, appropriate safeguards and designation of a privacy officer. Overseas cloud providers do not remove the organisation’s responsibility for the information it uses. With the right structure, advisers and operating arrangements in place, a promising business visit can become the foundation for a well-prepared Bermuda operation. n

BUSINESS TOOLKIT From the Boardroom to the Boat

Getting dressed for business, Bermuda style.

performance collection combines lightweight, breathable fabrics with the versatility to take you wherever the day leads.

Corporate by TABS

W

Whether you're welcoming new employees, outfitting your team or thanking valued clients, TABS offers a distinctly Bermudian approach to corporate apparel and gifting. From coordinated uniforms and custombranded performance wear to thoughtful gifts inspired by island life, we have something for every occasion. New to the island? Come say hello! 12 Reid Street, Hamilton | tabsbermuda.com n

elcome to Bermuda, where business attire looks a little different. Where else can you wear shorts to a board meeting? The Bermuda Suit has been part of island life for over a century, inspiring TABS to give the classic Bermuda short a modern update. The result? Versatile pieces equally at home in the office and on the weekend.

The Traditional Bermuda Suit Pair tailored Bermuda shorts with kneehigh socks, a crisp shirt, tie and blazer. Navy socks are a classic choice, while our lightweight Shoreby blazer completes the look. Yes, shorts really are considered formal business attire here!

Workwear | C orporate Giftin g

Business Casual Swap knee socks for no-show socks, add loafers and a polo or button-up shirt. Keep a quarter-zip or Shoreby blazer handy for those chilly air-conditioned offices.

From Boardroom to Boat

12 Reid Street, Hamilton tabsbermuda.com

In Bermuda, the office isn't always an office. Sometimes it's a golf course, a boat or a meeting over lunch. Our Bermuda Business Visitor 2027 35

BUSINESS TOOLKIT

Building Your Business: Getting Immigration Right

A

visit to Bermuda to explore give an overseas owner permission capital. Applications require supporting business opportunities is quite to work here. Most foreign nationals evidence and local verification of the different from moving here require approval before taking up proposed venture; advertising is not to run a company. Under the current employment, unless they have an required. Work Permit Policy, visitors attending immigration status that exempts them. Another option is the Economic meetings, conferences and other specified Bermuda’s approach balances access Investment Residential Certificate business activities can generally stay to overseas expertise with protection programme, offering qualifying investors for up to 14 consecutive days without of employment opportunities for a route to long-term residence through prior Immigration approval, subject to Bermudians. Before applying for an investment of at least BD$2.5 entry requirements and the conditions most work permits, employers must million. Its September 2026 revisions n governing those activities. This does not conduct a genuine local recruitment include a mandatory BD$25,000 ! ! ! ! ! permit ordinary employment or selling search, advertising charitable donation, which may form ! ! !in ! a local ! newspaper ! ! ! ! ! goods and services directly to the public. and on the Government Job Board. part of the qualifying investment, ! ! ! ! activities may Qualified local ! ! !applicants ! must ! Longer visits or other receive enhanced checks and a BD$10,000 !! ! ! ! and ! employers ! ! ! ! BDA ! administration ! require specific permission. proper consideration, fee. Residency ! ! ! ! ! ! ! ! ! ! For prospective employers, must explain why and ! clearly ! ! ! ! unsuccessful ! ! ! ! ! employment permissions should ! ! ! ! !! !! ! ! ! ! immigration planning should begin candidates were unsuitable. be! assessed separately when planning a ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! alongside decisions about incorporation, Standard Work Permits can run for venture. ! ! ! premises and recruitment. Establishing one to five years. Some occupations are ! ! ! p ! ! ! ! ! ! ! ! ! ! to ! overseas ! ! ! ! or owning a company does not, by itself, recruitment, while! ! Global Consultants: Your closed IMMIGRATION ! ! ! ! p for permanent new business coming to Bermuda to be eligible additional Allies on the Rock to be eligible carry for permanent to Bermuda categories new business coming restricted ! ! Immigration ! ! ! ! ! ! residence. can get permission not to advertise can get permission not to advertise residence. % !% % ! %! ! ! ! ! ! ! ! ! ! ! " ! check p ! Professional support can help employers ! ! ! Employers should " conditions. % % % ! ! ! ! ! ! ! p work before ! ! ! !! ! !! " before gettingp " getting ! ! ! ! ! ! !! ! ! of !! each ! !! members work companies members the these classification proposed ! !! !! ! get ! can !!! automatic !! !! ! ! ! ! !! role ! ! !! ! identify ! !! ! ! ! the appropriate route and can get automatic permits for them, and these jobs !! !!! !! ! permits for them, and ! jobs ! ! companies !! ! ! ! p not have to be advertised p for " ! ! !! ! ! ! ! ! !! !! ! ! !! ! !! ! !! !! ! would have to be advertised for ! ! ! would ! ! ! ! ! " !! ! ! !! ! ! % not p before !making ! ! commitments. ! ! ! !employees ! !! ! !! ! provided applications. Founded in ! ! Complete ! ! ! ! ! ! ! ! ! ! ! ! !prepare ! Bermudian provided two years. Non-Bermudian owned Bermudian two owned employees years. Non-Bermudian ! ! ! ! !! ! ! ! !!% !! ! ! %% ! ! ! ! !! ! ! ! !! !! ! ! ! !! ! ! ! ! ! ! ! !!! ! !! ! ! ! ! ! ! ! % ! % !! ! ! ! ! ! ! ! ! they apply for them within six companies operating locally apply for !them companies operating locally p ! ! ! ! !! ! ! within ! ! % !! !six ! ! !they ! ! ! ! !! % ! ! % !! %! ! ! ! ! normally !!! %! !! ! ! !%! ! October ! ! !!! !! % ! 2021 by Patricia Darrell and !! ! have ! !! ! !!!! !! ! % ! known " as p standard companies ! applications ! ! ! known as section 114b companies p " section 114b ! ! !! ! ! ! %! ! ! ! ! ! %! ! ! ! %! !! ! % ! !! ! ! %! !! ! ! ! ! !! ! ! !! ! ! %! ! ! ! ! ! ! ! !!!!! ! ! !! ! There granted. There similar processes can also get some concessions on granted. canare also get some on ! ! ! ! are! !similar ! processes ! target, ! ! ! !! ! ! ! ! ! ! Lani ! ! ! ! ! ! ! aconcessions 20-working-day processing Isip, Global Consultants draws p for new companies that are not in work permit requirements. ! ! ! for ! ! ! ! ! ! ! ! !! !! !are ! not !in ! !! ! !! ! ! !! ! ! ! ! ! !! ! ! ! new companies work permit requirements. ! that pa p enables !! ! ! ! ! ! ! ! ! ! ! " A second policy a ! ! ! ! ! ! ! !! ! ! ! !! ! ! ! ! ! !! ! ! A second policy enables ! ! ! be ! ! ! !! ! !! " ! ! ! ! but approval must obtained before on more ! ! ! !! ! % % than 20 years of immigration company to be granted a global company to be granted a global ! $" ! $ &#! & #& !% ! ! ! ! p p $" ! $ &#! & #& % % %% % % % %% ! ! ! ! a ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! work permit, by which a senior work permit, by which senior Fees: begins. for! ! !! ! ! ! experience, providing assistance with p p employment ! !! ! ! !! ! ! !! ! ! !! !! Allow ! ! ! ! time ! ! ! ! ! ! ! !! Fees: !! ! ! ! ! !! ! ! !! ! ! !! !! ! ! !!! ! ! ! ! ! ! ! ! employee of company can employee of awork global company can a global Three-month short-term ! !! ! ! ! short-term ! ! work Three-month p pp ! !! ! ! ! ! !! !! ! ! ! permits, passports, visas and related p come topBermudap p need p !! ! ! come to Bermuda without the need without the recruitment, documentation permit......................................................$672 ! ! !permit......................................................$672 ! ! !! ! ! !! ! ! ! ! !!! !and !! !! !! !! !!! ! ! !! ! ! ! ! !!! ! ! ! work ! !!! ! !! ! ! ! ! ! ! ! ! ! ! ! ! ! to advertise the work permit. The to advertise the work permit. The ! % !% % One-year % ! % % ! % ! ! standard ! ! % ! ! ! ! ! ! !! ! ! ! ! ! ! ! p p One-year pp p pwork p ! ! ! !!! work ! !standard ! ! ! !! ! ! ! ! ! !! ! ! p p delays p only condition is that the employee %! ! % % ! % ! ! than % ! possible promising only condition is that the employee ! rather !! !$966 !! ! an ! ! ! ! services. !! ! p p p p$966 p p% permit..................................................... ! ! permit..................................................... ! ! " " ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! % % % standard Three-year standard work % % %% work % %% % % ! ! ! ! ! % % % % %% %%% % Three-year immediate start. Its p p pp p p # p p ! ! ! # ! ! !% ! ! ! support ! ! ! extends to spousal % !! !% !% % %!! ! !% % % ! ! ! permit...................................................$3,612 % % ! ! ! %% ! !%% % !!% ! ! % % permit...................................................$3,612 An Entrepreneur s work permit has An Entrepreneur s work permit has % % Five-year % % %% % standard % %% work Five-year standard work p pp There permission to reside and % % routes % % designed %% % % % % % to % support % % % % % % & !# % % &"% ! % % % letters, % %% % & !# % % &"% ! % p also been p createdpto enable ppeople pare also been created to enable people p p p p p p permit................................................. permit................................................. $6,200 $6,200 % % % ! % "& %"! $ % % %% % %% % % % % %% %% %% % % to live and work on the Island for to livework and work on the Island for % ! % "& %"! $ % One-year global % % %global % % work %%% One-year %%% % % %% % %% %% employment, Bermuda status % % % %% % % % % seek business p pp p up to a year p while p p their p formation and expansion. up to a year while developing their developing p p p p p p permit.................................................. $1,863 permit.................................................. $1,863 business plans and raising capital business plans and raising capital #&" &"! $#& # $" $ % % % % % % % #&" &"! $#& # $" $ % Three-year global work Three-year globalcompanies work Eligible new% exempted can applications, British Overseas p for new international companies. p for new pinternational p p % $ % % % % %% % % %%% % %% % % % %% % % % %% % $ % % % %% % % % % %% %% p p p p p companies. p p permit...................................................$4,515 permit...................................................$4,515 Job Makers legislation enables Job Makers legislation enables $" ! $ &#! & #& $" ! $ &#! & #& obtain New Business Work Territories citizenship naturalisation, Five-year global work Five-year global work Permits executives who are responsible for #&" &"! $#& # $" $ executives who are responsible for #&" &"! $#& # $" $ p p p p p permit...................................................$7,103 permit...................................................$7,103 at least ten jobs held by Bermudians at least ten jobs held by Bermudians without advertising during an initial document legalisation and apostilles. nine-month window; separate limits The team also assists Philippine to certain other company types. workers with Department of Migrant Visa, Passport, applyVisa, Passport, These concessions exclude specified Workers exit clearances. For businesses Work Permit Work Permit roles, including entry-level, graduate, bringing executives, professionals and Immigration and Immigration trainee, closed and restricted positions. or skilled workers to Bermuda, it Services Services International groups may also qualify offers a local point of contact to help for an Intra-Company Transfer when navigate requirements and coordinate moving an existing overseas employee documentation. into a new Bermuda position. Visit Global Consultants at 2 Patricia Darrell Lani Isip Lani Isip still developing their For investors Washington Mall, Balcony Level, plans, the Global Entrepreneur Work Hamilton. Call 441-543-9777, email Washington Mall (Balcony level) E 22 Church 2 Street. Hamilton HM 12 LaniPatricia Patricia Darrell Isip Permit supports activities such as globalconsultantsbermuda@gmail.com, Darrell Lani Isip Tel: 441Tel: 543-9777 441 543-9777 or 441 543-9778 business planning, obtaining regulatory or visit 2 2 2 2 22 2 2 Email: globalconsultantsbermuda@gmail.com E Washington Mall (Balcony level) approvals and demonstrating access to www.globalconsultants.bm. n Web: www.globalconsultants.bm

E

Visa, Passport, Work Permit and Immigration Services

2E

2 E Street. 2 E Hamilton 2 E E HM 2 E Church 22 12 2 2 E 441 543-9777 or 441 543-9778 Tel: 441 543-9777 or 441 543-9778 Tel: 36E Bermuda Business E globalconsultantsbermuda@gmail.com E E Visitor E 2027 E Email: globalconsultantsbermuda@gmail.com Email: 21

REAL ESTATE

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.

Owning a Home in Bermuda

29 Front Street, Hamilton Located across from the ferry terminal 441.295.1466 • walkerchris@links.bm www.facebook.com/walkerchrisbda

B

ermuda attracts overseas buyers seeking a retirement home, a base for work or a holiday retreat. Its natural beauty, international connections and established business community add to the appeal. Properties available to overseas purchasers include substantial houses and selected condominiums. Buyers should confirm a property’s eligibility, along with the applicable government licensing requirements and fees, with a local real estate agent and attorney. For those who do not need a yearround residence, fractional ownership offers another way to enjoy a home on the island, with access for an agreed portion of the year. As with any property purchase, location, condition, maintenance costs and potential resale demand deserve careful consideration. Rental opportunities and restrictions should also be explored where relevant. For many purchasers, however, the strongest attraction is the lifestyle: pink-sand beaches, golf, boating and a welcoming island community, all within easy reach of major East Coast cities. n

 Worldwide Deliveries. (441) 295 4523 ( )  www.cigarbox.bm www.cigarboxbermuda.com www.cigarbox.bm www.cigarboxbermuda.com     W

             

Cigars for aficionados, Cigars for aficionados, connoisseurs and those connoisseurs those who are just darnand curious.

who are just darn curious. 









    

















    

 

   



 





               Bermuda  Business Visitor 2027 37  





KEY CONTACTS Officials & Regulators Bermuda Stock Exchange (BSX) Business & Finance Arch Reinsurance Ltd Arch Reinsurance Group AXA XL Insurance AXA XL Bermuda AXIS Chubb Car Hire BERMI - Localmotion Ltd Cigars Cuarenta Bucaneros Corporate Event Management Planning Factory Bermuda Health Services Bermuda Cancer and Health Centre Immigration Services Global Consultants Interiors/Design/Architecture Planning Factory Bermuda Pharmacies Phoenix Centre Private Charters Bermuda Yachts Real Estate Joy Lusher Real Estate Rego Sotheby's International Realty The Property Group Ltd

Greg Wojciechowski, CEO & President

292-7212

gwojo@bsx.com

www.bsx.com

William Soares, CEO Jerome Halgan, CEO Noel Pearman, President and Chief Underwriting Officer Mark Twite, CEO Reinsurance

wsoares@archunderwriters.com jhalgan@archre.bm noel.pearman@axaxl.com mark.twite@axaxl.com

Samantha Froud, Chief Administration Officer

278-9200 278-9200 292-8515 292-8515 496-2600 295-5200

chubbbermuda@chubb.com

www.archreinsurance.bm www.archcapgroup.com www.axaxl.com www.axaxl.com www.axiscapital.com www.chubb.com

Jeremiah Samuels

910-4989

miah@bermitime.com

www.bermitime.com

Ian Gordon, Director

295-4523

info@cigarbox.bm

www.cigarbox.bm

Cher Przelomski CSEP Vice President Marketing

295-8400 office (302) 388-3601 cell

cher@planningfactory.com

www.planningfactory.com

236-1001

info@chc.bm

www. cancer.bm

Lani Islip

543-9777

globalconsultantsbermuda@gmail.com

www.globalconsultants.bm

Cher Przelomski CSEP Vice President Marketing

295-8400 office (302) 388-3601 cell cher@planningfactory.com

www.planningfactory.com

279-5451

www.phoenixstores.bm

Jonathan Kempe, Operations Manager & Charter Captain 516-5999

jonathan@bermuda-yachts.com

www.bermuda-yachts.com

Sue Lusher Christie Carter Katie White Buddy Rego Brittany Archer Sallyann Smith

333-9138 332-2296 599-0092 292-3921 505-1466 535-4521

sue@joylusher.com christie@joylusher.com katie@joylusher.com info@regosir.com brittany@tpg.bm sallyann@tpg.bm

www.joylusher.com

535-2769

info@softlanding.bm

www.softlanding.bm

298-2321 294-0221

membership@altura.bm eops@buei.bm

www.altura.bm www.buei.org

292-7219 293-0640

info@buei.bm info@caves.bm

www.buei.org www.caves.bm

295-0031 704-8227 295-2672

msbermuda@tess.bm hello@tabsbermuda.com

295-1466

walkerchris@link.bm

www.marksandspencerbermuda.com www.tabsbermuda.com www.facebook.com/ EnglishSportsShop www.walkerchristopher.com

Relocation Consultancy Soft Landing Relocation (Bermuda) Cecilia (Cesa) Edwards Workspaces and meeting rooms Altura Bermuda Underwater Exploration Institute Janée Pitt, Operation Manager Attractions Bermuda Underwater Exploration Institute Crystal Caves Retail Marks & Spencer The Authentic Bermuda Shorts (TABS) The English Sports Shop Walker Christopher

www.regosothebysrealty.com www.property-group.com

BERMUDAMedia Waterloo House, 1st Floor 100 Pitts Bay Road Pembroke, HM 08 Bermuda P.O.Box HM 339 Hamilton, HM BX Bermuda Tel: (441) 278-9200 Fax: (441) 278-9230 Website: www.archre.bm 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 strong, proven management team, a commitment to underwriting discipline, and financial strength that is rated AA- by Standard & Poor’s. 38 Bermuda Business Visitor 2027

PO Box HM 2032 Hamilton HM HX, Bermuda www.bermudamedia.bm

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

Telephone: (441) 292-7279 Contacts: Ian Coles, Publisher Lissa Fisher, Director of Marketing The island’s largest independent media organisation, producing innovative speciality magazines and television programming which provide the sophisticated business and leisure traveller with a reliable, highquality introduction to Bermuda. Products include: Bermuda Business Visitor, Building Bermuda, Bermuda Property Matters, Going Green, Your Future, House Garden Kitchen & Bath, Diversity Equality & Inclusion, Health & Beauty and New Resident as well as our television channel — The Bermuda Channel.

WHERE TO STAY

Where to Stay

The small, elegant Fourways Inn.

F

rom 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. General Amenities

Business Amenities

Extras

Sports

$395– $495 6 deluxe, high (subject 5 suites to change); Deluxe Suite $285– $345 low, plus service charge and fax

Gourmet restaurant, bar, entertainment, pool

Meeting rooms, amenities upon request

AC, mini fridge, Nespresso machine, safe, microwave

Golf, tennis, watersports, pickleball

City center & familyowned hotel with serene & relaxing rooms, personalized service, and multiple dining options.

From $400 depending on demand and season

33

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

Samsung Frame TVs, A/C, Nespresso Coffee Machines, Free WIFI, Mini Fridges

Golf, Tennis, Pickleball, Boating, and many other activities bookable with concierge

Rosemont Guest Suites 41 Rosemont Avenue, Pembroke Tel: 441-292-1055 Email: rosemontguestsuites@gmail. com, www.rosemont.bm

An all-suite hotel with full kitchens. Five-minute walk to Hamilton

$339 - $399 high $262 - $309 low

47 Studio and one bedroom suites

Swimming pool, complimentary continental breakfast, wheelchair access Free Wifi

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, access to gym nearby

Royal Palms 24 Rosemont Avenue, Pembroke Tel: 441-292-1854 (800) 678-0783 Email: reservations@royalpalms.bm www.royalpalms.bm

An elegant boutique hotel blending Bermuda's charm and tranquility moments from Hamilton's business centre.

December/ March from $395, April/ November from $595

32 Individually decorated rooms.

Continental breakfast and daily evening wine hour included in rate. A world-class restaurant and bar

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.

The Reefs Resort and Club 56 South Shore Road Tel: 441-238-0222 Email: generalinfo@thereefs.bm www.thereefs.com

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

Flat screen TVs, safe, AC, hair dryer, iron, water views, coffee

Swimming, tennis, snorkeling, paddle boarding, yoga, kayaking, golf courses nearby

Name

Description

Fourways Inn Middle Road, Paget Tel: 441-236-6517 Fax: 441-236-5528

Small but elegant property 15 minutes from town

Rosedon Hotel Pitts Bay Road, Pembroke Tel: 441-295-1640 Email: reservations@rosedon.com www.rosedon.bm

$ Rates

# Rooms

Bermuda Business Visitor 2027 39

WHERE TO STAY

Rosedon Hotel: A Refined Base for Business in Bermuda

P

erfectly 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, highspeed Wi-Fi, and dedicated workspaces. Between meetings, unwind by the pool or enjoy all-day dining at Huckleberry

Family-run since 1954

33 Boutique rooms, 2 restaurants, private dining and cocktail parties all on Pitts Bay Road, only two minutes from Hamilton.

rosedon.bm

40 Bermuda Business Visitor 2027

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! https://www.rosedon.bm n

WHERE TO STAY Where business meets Bermuda charm Where you’ll experience unparalleled luxury

G

uests 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

Bermuda Business Visitor 2027 41

BESPOKE LUXURY

Luxury Services & VIP Experiences in Bermuda The Business Visitor’s Ultimate Guide

B

ermuda 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 42 Bermuda Business Visitor 2027

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.

Bermuda is well served by private jet services

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.

TIME OUT

Friday night fever

F

riday 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?

A

lthough 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

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 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.

Bermuda Business Visitor 2027 43

TIME OUT

Thrills Beyond the Boardroom 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 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

Sea kayaking

44 Bermuda Business Visitor 2027

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.

TIME OUT

Private Yacht Charters Explore Bermuda’s coastline in comfort with a private charter from Bermuda Yachts. Its three catamarans offer an appealing choice for everything from a small gathering to a larger group outing: Zara, a spacious 77ft sailing catamaran, accommodates up to 60 guests; Zeus, a 43ft power catamaran, welcomes up to 25; and Zola, a 33ft sailing catamaran, is ideal for smaller groups of up to 15. Whether you’re relaxing with friends or entertaining colleagues, a charter offers a memorable way to enjoy the island’s turquoise waters and spectacular coastal views. For details and bookings, visit www.bermuda-yachts.com. info@bermuda-yachts.com www.bermuda-yachts.com

ZARA

ZEUS

ZOLA

77ft Sailing Catamaran Max Capacity: 60

43ft Power Catamaran Max Capacity: 25

34ft Sailing Catamaran Max Capacity: 15

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.

For more info and to book a private charter please visit www.bermuda-yachts.com Bermuda Business Visitor 2027 45

DINING BERMUDA L E A D E R S

O F

I N N OVAT I O N

I N

D I N I N G

ACHILLES

AURORA

33, Sea Venture Landing, St. George’s T 441-297-1717 | E info@achilles.bm

27 Harbour Road, Paget Parish T 441-232-8686 | E ga@aurora.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.

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.

BLÛ BAR & GRILL

DRIFT

At the Belmont Hills Golf Club, Warwick T 441-232-2323 | E info@blu.bm

3rd Floor, St. George’s Club Hotel 6 Rose Hill, St. George’s T 441-236-9884 | E info@drift.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.

Drift is a lively gastro bar where good food, cold drinks, and easy energy come together. It blends the comfort of a neighbourhood spot with the buzz of fun, music, sport, and crowd-favourite classics.

FOURWAYS INN RESTAURANT

HARBOURFRONT

1 Middle Road, Paget T 441-236-6517 | E info@fourways.bm

At the BUEI, 40 Crow Lane, East Broadway T 441-295-4207 | E info@harbourfront.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. Award winning caterers.

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.

WHY DINE ANYWHERE ELSE? 441-295-8279 | W W W. D I N I N G B E R M U DA .C O M

DINING BERMUDA LE A D E R S

O F

I N N OVAT I O N

IN

DIN IN G

LA TRATTORIA

LITTLE VENICE

Washington Lane, Hamilton T 441-295-1877 | E info@trattoria.bm

32 Bermudiana Road, Hamilton T 441-295-3503 | E info@lv.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.

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.

L’ORIENTAL

SUL VERDE

32 Bermudiana Road, Hamilton (upstairs Little Venice) T 441-296-4477 | E info@loriental.bm

60 Tucker’s Point Drive, Hamilton T 441-298-6983 | E bermuda@rosewoodhotels.com

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.

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.

CAFÉ 4

L’ORIENTAL EXPRESS

Windsor Place, 18 Queen Street, Hamilton T 441-295-8444 | E info@cafe4.bm

1 Church Street, Hamilton T 441-296-7475 | E order@lorientalexpress.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.

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.

WHY DINE ANYWHERE ELSE? 441-295-8279 | W W W. D I N I N G B E R M U DA .C O M

DINING OUT

Where to Dine: The Best of Bermuda

A Table for Every Occasion In Bermuda, a meal can be much more than a break in the working day. It is an opportunity to build relationships, whether with colleagues, clients just enjoying good company after business is done. The island’s varied restaurant scene offers plenty of choice, whether the occasion calls for a discreet lunch, a lively team dinner or an evening designed to impress. Waterside restaurants make the most of Bermuda’s setting, with harbour and ocean views and sea breezes adding to the pleasure of dining. Outdoor terraces are particularly inviting for an unhurried lunch or dinner as the sun goes down. For a more formal occasion, contemporary dining rooms and traditional fine-dining restaurants offer attentive service and surroundings suited to entertaining clients. There is just as much variety on the menu. Italian restaurants range from relaxed venues serving pizza and other familiar favourites to elegant settings for a longer evening. Asian cuisine brings further choice, while English and Irish pubs offer a convivial atmosphere for informal gatherings. Diners and casual cafés are useful options when time is short or a simple meal is all that is needed. Hamilton provides dozens of convenient choices close to offices and hotels, while restaurants elsewhere on the island give visitors a reason to explore beyond the city. When arranging a business meal, consider the atmosphere as well as the food: a quieter table may suit a conversation, while a bustling venue can be ideal for celebrating a successful project. Booking ahead is always advisable, particularly for larger groups.

IN TOWN Price Guide per three-course dinner, 48 Bermuda Business Visitor 2027

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

DINING OUT 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).

296-4477. 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.

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

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 ParLa-Ville Road. 296-7475. $. Offering everything from soup and sushi, to wraps and sandwiches, to amazing salads

Bermuda Business Visitor 2027 49

DINING OUT 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. $$ Reasonable-priced menu filled with seafood, top-grade meat (the only smoker in the west end) homemade pastas, great wine list, draft beer, and desserts to die for. Open for lunch and dinner 7 days a week. 11:30am to 10:30pm. Drift GastroBar 3rd Floor, St. George’s Club Hotel 6 Rose Hill, St. George’s T 441-236-9884 | www.drift.bm $$ Drift is a lively gastro bar where good food, cold drinks, and easy energy come together. It blends the comfort of a neighbourhood spot with the buzz of fun, music, sport, and crowd-favourite classics. 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.

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. www. aurora.bm $$$ Winner of ‘Best Seafood Restaurant in Bermuda’ 3 times, Aurora’s 50 Bermuda Business Visitor 2025 2027

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. $$ Join us for lunch, dinner, and drinks and find out for yourself why Bella Vista Bar & Grill is the #1 ranked among all of Bermuda’s West End restaurants Blû Bar & Grill. 25 Belmont Hills Drive, Warwick. 232-2323. www.blu.bm. $$$$.

Fourways Inn. 1 Middle Road, Paget. 236-6517. www.fourways.bm. $$$$. Reservations recommended. Smart. The Grande Dame of Bermuda’s restaurants, famous for its celebrity guest list, renowned menus, signature dishes and Bermuda’s most lavish Sunday brunch. Live piano music in the evenings and the most extensive wine cellar on the island. Sul Verde. Rosewood Bermuda, Hamilton Parish. 298-6983. www. rosewoodhotels.com. $$$. 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.

We don’t just insure what you have. We help protect what you’ve built. That’s the Chubb standard.

chubb.com

©2027 Chubb. Coverages underwritten by one or more subsidiary companies. Not all coverages available in all jurisdictions. Chubb® and its logo, are protected trademarks of Chubb.

Facing into risk for a future to be imagined At AXA XL we’re not just keeping up, we’re constantly pushing the boundaries to protect your business and power your innovations. Discover our solutions for business on axaxl.com/facing-into-risk

Know You Can

This advertisement does not constitute an offer or solicitation, nor a description of any products or services of AXA XL. Please refer to axaxl.com for all conditions. AXA XL is a division of AXA Group providing products and services through three business groups: AXA XL Insurance, AXA XL Reinsurance, and AXA XL Risk Consulting . The AXA, AXA XL, AXA XL Insurance, AXA XL Reinsurance and AXA XL Risk Consulting trademarks and logos are registered trademarks of AXA SA. © 2026