Overseas Buyer Guide

Why overseas buyers purchase in Bermuda

The experts at The Property Group explain why property on the island is a priceless investment

The year-round beauty of Bermuda, with its pastelcoloured houses and white roofs, exotic flowers, pink beaches, and mild subtropical climate, is a great lure for the hundreds of international buyers who purchase homes in Bermuda.

Also of great appeal are the high standard of living, excellent health care, the presence of international legal and accounting firms and banks, excellent schools, and regular direct flights to the Island from the USA and regular direct flights to the United Kingdom.

Typically, international purchasers who buy property here as a permanent residence or a holiday home, already know Bermuda, having worked here, vacationed here, or simply want to retire here.

Property has grown steadily in value over the decades and remains secure, thanks to the island’s history of political and social stability. A diverse range of properties is available for those from abroad to purchase – from grand houses with asking prices between approximately $3 million up to $20 million. You can also purchase a condominium as long as it is in a designated development, that is affiliated with a hotel. It provides the opportunity to rent one or more bedrooms back to the hotel which allows a purchaser to earn income.

Fractional ownership is another option, you can purchase weeks or

months, everything from a one bedroom for quiet times or a 3 or four bedroom for larger families. Many of these properties are in beachfront resorts and are ideal if a buyer does not need a year -round home.

Bermuda government has also issued a new opportunity that you can learn more about at this address https://www.gov. bm/economic-investment-certificateand-residential-certificate

Local property lawyers and real estate agents guide buyers through the negotiation and purchase process.

Bermuda has proved to be a very safe destination after the COVID-19 pandemic. We have been delighted to see a rise in interest from overseas buyers who are looking at Bermuda as a safe place to escape The Bermuda way of life is truly priceless.

For expert advice on the Bermuda property market and details on fine homes for sale, contact The Property Group. Tel: 441-234-6900.

Sallyann Stratton at 1-441-535-4521

Brittany Archer at 1-441-505-1466

So much more than a full service real estate firm.

We have a passion for Bermuda real estate that guides everything we do to help our clients find their perfect home.

Nautilus House, 82 South Rd Warwick WK08, Bermuda (441) 234-6900 www.property-group.com Managing Director: Sallyann Smith Sallyann@tpg.bm (441) 535-4521 Managing Director: Brittany Archer Brittany@tpg.bm (441) 505-1466