4 Houses for sale in Bermuda
Search for Houses for sale in Bermuda with Hamptons International, your property experts in Bermuda. We have a number of luxury Houses available for sale.
Steps to Buying Property in Bermuda
Considering Bermuda for your next investment or permanent residence? Here's everything foreign buyers need to know about purchasing property on this coveted Atlantic island.
Foreigners can buy property in Bermuda, but only certain high-end homes, condominiums and certain resort options are available. They can buy up to two properties only. These usually have a high rental value and start around £4.6 million. There are ARV (Annual Rental Value) limits for non-residents to keep starter homes for local families.
Beyond the purchase price, additional fees and buying costs in Bermuda are very high. Factor in a 8-12% acquisition license fee, stamp duty, legal fees, and your agent’s commission, usually around 5%. Real estate brokers and agents are licenced. Altogether, buying costs can add 10–15% to the total. We advise specialist help with finances as they can be complicated for foreigners.
If you're not paying cash, know that local banks have strict lending rules for non-residents. Some buyers use international lenders instead. You’ll need a good lawyer, registered with the Bermuda Law Association, not least to make sure the deeds are inspected.
Work with experts such as you find in our Hamptons International Network, as we understand which properties are open to overseas buyers and can help through the process. Most foreign-owned homes are at the luxury end of the market.
Once you’ve found the right place, make an offer. If accepted, you’ll usually pay a 10% deposit into escrow to hold the property.
The legal process takes a few months—your lawyer will manage it all, including title transfer and final payments. You’ll get full ownership once complete.
Before you can buy, you’ll need an Acquisition License from the Bermuda government. It can take up over six months, so it’s smart to apply early.
Once your license is approved, you can complete the purchase. Whether you're relocating to Bermuda full-time or investing for rental returns, you're all set.
Living in Bermuda
Curious what day-to-day life is like once you’re settled in? From the pace of life to the cost of groceries, here’s a snapshot of what living in Bermuda really feels like.
Around 20% of residents are expats, mostly from the UK, US, and Canada, creating a friendly, international vibe.
Bermuda’s subtropical climate means warm summers and mild winters, with over 2,400 hours of sunshine a year.
Violent crime is rare, and the island feels safe day-to-day, with strong community ties and local policing.
Living costs are high, with everyday expenses like food and utilities often above London or New York prices.
Medical care is excellent but private. Employers must contribute to health insurance, which is mandatory for all residents.
Foreign homeowners are allowed only one car per household which must be registered. 4wd vehicles are not allowed. There are scooters, mopeds, buses, and ferries which make it easy to travel around the island.
No income tax or capital gains tax here, which is a big draw for entrepreneurs and finance professionals.
From pink beaches to world-class golf and diving, there’s no shortage of ways to relax and enjoy the island’s natural beauty.
The culture blends British etiquette with island warmth, think afternoon tea meets beach barbecues and colourful shorts.