Bermuda/UK

Our strong ties with Britain

Bermuda was settled in 1609 by the British. And for more than 400 years Bermuda has shared a relationship with the UK unlike any other. Her Excellency The Governor, Rena Lalgie explains. Question: Can you talk a little bit about the relationship between Bermuda and the United Kingdom from a cultural point of view as well as trade and politics? Answer: As a British Overseas Territory, Bermuda and the UK share history, a constitutional relationship, and cultural norms. The legal frameworks and the political systems are not the same but they have common roots and the Judicial Committee of the Privy Council is Bermuda’s highest Court of Appeal. Bermuda’s regulatory framework is clear, robust, and compliance with international standards and obligations is strong. The Bermuda Monetary Authority’s global reputation is key. Businesses in Bermuda have strong ties (historical and current) to businesses in the UK but also in North America. This is particularly the case in relation to the insurance markets, where many will attest to the symbiotic relationship between London and Bermuda. Bermudians are British Nationals and have extensive familial and cultural links to the UK. Bermudians attend British schools and Universities (where they are eligible for ‘home fees’) but there are also close ties to Canada, the United States and the Caribbean.

surprising about Bermuda? A: Before arriving, you should already have heard that Bermuda is a beautiful, warm and friendly place to visit and to do business. You might also be surprised by the extent to which Bermudian people have strong connections around the world. The wealth of intellectual and cultural capital crammed on this small archipelago in the middle of the Atlantic can be a real surprise. Q: Is there anything a businessperson should know to Bermudians? Is there a compared to attending business meetings in London for example, or any cultural ‘faux pas’ to avoid. A: A ‘smart’ or even ‘smart casual’ dress code is smarter and more formal in Bermuda than elsewhere. This can be challenging for men and women during the hot and humid months. People tend to dress for the occasion regardless of the weather, so cotton and linen layers will feel welcome. Bermuda shorts for men in both business and formal settings is a real thing and a source of pride — so tread carefully with alternative views. There is a considerable amount of tradition, protocol and individual creativity about how and when to wear them.

Q: Is there any advice you would share with a businessperson who is experienced in doing this small community? A: Bermuda, work on the basis the person next to you, the people sitting behind you, the taxi driver etc. is related to or at least knows the person that you are talking about.

Q: Outside of business hours, what would you recommend to do to get to know and enjoy Bermuda? A: There are so many opportunities, you will be spoilt for choice. Bermuda is a perfect place to balance business and pleasure. You are never too far away from a golf course but more generally if you enjoy sport, you name it and there will more than likely be a group enjoying it. If you are here during one of the many international Bermuda Championship, or SailGP, it is worth making the time to attend. If you enjoy art, there are a surprising number of galleries and some impressive collections in Bermuda. Go for a walk at Clearwater Beach or along the beaches on the South Shore to or from Horseshoe Bay. If you get a chance to experience Bermuda from the water, do not turn it down.