Bermuda Tightens Residency Rules On Expat Workers

By Editorial 26 April, 2013

Bermuda's Ministry of Home Affairs has confirmed new rules to be introduced for foreign workers from April 30, 2013, preventing long-term workers from obtaining "resident" immigration status.

As Bermuda has significantly relaxed work permit rules, a new Declaration is being introduced to ensure that long-term workers do not receive Bermudan citizenship entitling them to remain in Bermuda indefinitely. The Government explained the Declaration "essentially confirms [expatriate workers'] understanding that Bermuda law does not confer residency rights on a guest worker and that they should have no expectation of such a right."

Signature of the document has been made mandatory under recent work permit policy reforms undertaken since the new Bermuda Government took office. Foreign workers taking up employment in Bermuda, or who commenced employment in Bermuda on or after August 1, 1989 must sign a new Declaration, regardless of when their work permit expires.

According to the Government, by April 30, 2013, all employers will be required to return signed declarations; including a full listing of all current work permit holders employed at their place of business.

Tags: Expatriates | Tax | Business | Tax Avoidance | Law | International Financial Centres (IFC) | Bermuda | Offshore | Tax Planning | Tax Rates | Individual Income Tax |


News Archive