Purpose and Specifications
A Global Entrepreneur Work Permit is used by business service companies who have a business relationship with global investors who wish to domicile a company in Bermuda.
Eligibility
To qualify for a Global Entrepreneur Work Permit, the work activities should include business planning, seeking appropriate Government or regulatory approval(s). The global investor must meet compliance or financial requirements or demonstrate proof of the ability to raise capital.
Application Process
Global Entrepreneurs must provide a letter of application to the Department justifying the request together with a letter from a Bermudian or Bermuda business services company verifying the intent of the applicant and a completed Global Entrepreneur Work Permit Application Form. The Minister will grant a permit provided he is satisfied that the applicant is a bona fide investor or businessperson that is likely to domicile a company in Bermuda. Advertising is not required for such permits.