587 applications have been received thus far for the Work from Bermuda One Year Residential Certificate, 508 have been approved and “244 are currently enjoying life in Bermuda and contributing daily to the local economy.”
This was from Bermuda’s Minister of Labour Jason Hayward speaking during a recent press conference, with the Minister saying: “I am pleased to report that the 1-Year Residential Certificate programme continues to find success.
“We have now received a total of 587 applications of which 508 have been approved. I can further advise that of the approved applications, 244 are currently enjoying life in Bermuda and contributing daily to the local economy.
“The Department continues to receive applications in various stages of completion. From the large number of applications received, it is clear that the Residential Certificate continues to be quite popular.
“There is also a demand for one year residents to reside for an additional year, which these persons can apply for after 6 months or residency in Bermuda.”
When the initiative was launched back in August, Premier David Burt said, “This government invites individuals who are already working from home to work remotely from Bermuda instead. Covid-19 has impacted the world. Overnight, companies have had to solve the problem of employees being able to work outside of the office.
“There is now the opportunity for employees, who I refer to as digital nomads, and university students to work and study, remotely from Bermuda.
“Applicants for the One Year Certificate must have the means to support themselves while working remotely, and cannot seek work in Bermuda.