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The Economic Investment Certificate is valid for five years, after which holders are eligible to apply for the Residential Certificate. If successful, they will have the right to reside in Bermuda indefinitely with their dependents. The certificates are likely to appeal to high-net-worth individuals interested in relocating to Bermuda, as they will be able immediately to work in the businesses in which they invest.
To be eligible for an Economic Investment Certificate (EIC), the applicant must make a “Qualifying Investment”, which is an investment of at least BM$2.5 million – or the equivalent in another currency or asset – in one or more of the following:
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Bermuda Offers Economic Investment and Residential Certificates Under New Policy