Flatts Village
Suburban CoastalFlatts Village is a quaint and picturesque community located in the parish of Smith's on the main island of Bermuda. Known for its serene atmosphere and natural beauty, Flatts Village is nestled around a beautiful inlet that opens up to Harrington Sound, providing stunning water views and a peaceful environment. The village is characterized by its pastel-colored houses, lush gardens, and narrow winding roads that give it a charming, old-world feel. It is home to the Bermuda Aquarium, Museum and Zoo, which is a major attraction for both locals and visitors, offering an insight into the local marine life and natural history. Flatts Village is also a place where one can find a variety of small shops, eateries, and art galleries that contribute to its vibrant community spirit. The area is popular for outdoor activities such as fishing, kayaking, and bird watching, with the nearby nature reserves providing ample opportunities for wildlife observation and photography. Despite its small size, Flatts Village is rich in history and culture, with a laid-back lifestyle that is typical of Bermuda's island charm.
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SJB GlobalSJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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Visa & Residency
Obtaining a residency in Bermuda involves several steps and can be considered an average challenge compared to other countries. The most common way for expats to gain residency is through obtaining a Work Permit, which requires a job offer from a Bermuda employer. The employer must demonstrate that the position could not be filled by a local by advertising the job locally. Work Permits are granted for a specific period, usually one to five years, and can be renewed. Another option for expats is to apply for a Permanent Resident Certificate (PRC), which allows them to reside indefinitely in Bermuda. However, obtaining a PRC is more challenging and is typically available to those who have been legally resident in Bermuda for at least 20 years. For high net worth individuals, there is an option to obtain residency through an investment in the country, such as purchasing real estate, under the Residential Certificate policy. This process is expensive and requires the individual to demonstrate substantial annual income or have substantial assets. The process for obtaining a Work Permit involves submitting various documents, including a completed application form, a passport-sized photo, a copy of the information pages of the applicant's passport, proof of qualifications, job description, police certificate, and a chest x-ray and medical certificate. The employer is responsible for the application and must also provide a letter of employment. The Bermuda and Protection Act governs the issuance of work permits and the Department of Immigration oversees the process. It is important to note that Bermuda does not currently offer a specific visa for digital nomads. However, digital nomads who wish to work remotely from Bermuda can apply for a Work Permit, provided they have a contract with a company that allows remote work. The duration of their stay would depend on the specific terms of the work permit issued. Overall, the process of obtaining a residency visa in Bermuda requires careful planning and adherence to the specific requirements set out by the Bermuda government. It is advisable for potential expats to consult with the Department of Immigration or a legal professional specializing in Bermuda immigration law to navigate the process.
Cost of Living
The cost of living in Flatts Village is high, as it is in most of Bermuda, due to its desirable location, limited land space, and the general cost of goods and services on the island.
Weather
The weather in Flatts Village is subtropical with warm, humid summers and mild winters, making it a pleasant destination year-round.