FAQs

How far is Bermuda from the USA?

Bermuda is located 650 miles east of North Carolina and just an hour-and-a-half flight from New York.

Where are Bermuda BDA offices located?

The Bermuda BDA offices can be found at:

A. Maxwell Roberts Building

6th Floor, 1 Church Street

Hamilton HM 11

What is the Bermuda Business Development Agency (BDA)?

The BDA is Bermuda’s Investment Promotion Agency. We connect international businesses and investors with the right people, regulators, and partners to help them establish, grow, and succeed.

How does the BDA support investors?

We offer tailored guidance at every stage—from answering questions and introducing you to decision-makers, to helping you understand sector-specific requirements and streamlining setup.

Is there a cost to working with the BDA?

No. Our services are complimentary and confidential. We’re here to facilitate investment, not act as a commercial service provider.

What other organisations support business setup?

In addition to the BDA, the following entities provide support:

· Bermuda Chamber of Commerce

· Bermuda Economic Development Corporation (BEDC)

· Sector-specific professional associations

How do I get started?

Reach out via our contact form and a member of our team will follow up to learn more about your goals and how we can support you.

Why is Bermuda considered an attractive jurisdiction for foreign direct investment?

Bermuda offers a trusted legal system, respected regulatory frameworks, a tax-neutral platform, and global connectivity—making it a compelling base for international investment.

What sectors are prioritised for investment?

We focus on globally relevant sectors where Bermuda has competitive strengths: risk & insurance, financial services, private client services, digital assets & fintech, infrastructure, the blue economy, and tourism investment.

Is Bermuda a regulated jurisdiction?

Yes. Bermuda is home to world-class, risk-based regulation across multiple sectors. The Bermuda Monetary Authority is globally respected and plays a key role in maintaining our reputation for transparency and accountability.

Does Bermuda have corporate income tax?

Bermuda currently operates a tax-neutral platform with no corporate income tax. A limited Corporate Income Tax (CIT) regime will apply to some large multinational entities from 2025, aligned with the OECD’s Pillar Two framework.

Can the BDA help me start a company in Bermuda?

Yes. We provide complimentary, confidential support and introductions to the right service providers, regulators, and Government agencies to help you get started.

What’s the process for setting up a business here?

Setup depends on your industry and structure, but our team can walk you through the key steps—from company formation to regulatory approvals and work permits.

Can I move to Bermuda as part of my investment?

Yes. Bermuda offers pathways for investors, executives, and skilled professionals—especially through initiatives like the Economic Investment Residential Certificate (EIRC) Programme.

What kind of talent is available in Bermuda?

Bermuda has a highly skilled, bilingual workforce across sectors like law, finance, compliance, and IT. We also issue work permits to support specialised talent needs.

Learn more about workforce