BUSINESS
A Quick Look
Peruse the businesses that have helped Bermuda boom and what you need to know if you decide to settle down here. As a globally respected international business hub with robust regulation, tax transparency, world-class talent and leading markets for reinsurance, trusts, wealth management, FinTech and private-client structures, many are relocating to Bermuda.
At only 21 square miles, Bermuda is a tiny island with big business opportunities. Bermuda’s pint-size parameters can deceive the uninitiated. It almost defies belief that an Atlantic jurisdiction of just 21 square miles could rank amongst the globe’s top two reinsurance hubs or support a half-million jobs worldwide. Yet the island’s diminutive physical scale belies its substantial economic impact — one that is only increasing amid an evolving regulatory landscape and rapid globalisation.
Innovation and collaboration are key to Bermuda’s corporate success, and agile teamwork between Bermuda’s industry, government and regulator underscores Bermuda’s status as a top-tier international financial centre. The island’s gross domestic product is on the rise along with jobs growth, and the jurisdiction is witnessing new investment and company incorporations across all sectors.