Living & working in Bermuda - taylorroot.com
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Living & working in Bermuda Location, location, location Overview Bermuda is a group of some 130 islands situated about 650 miles off the coast of North Carolina. Contrary to perception, it is not part of the Caribbean. The main island spans about 21 square miles and is blessed with a semi-tropical climate. Bermuda enjoys one of the highest standards of living in the world and is a very attractive tourist destination. Working in the region Bermuda enjoys a reputation as a high quality jurisdiction for international business and is the world’s third largest reinsurance centre after London and New York. The largest firms include: • Appleby • Attride-Stirling & Woloniecki • Cox Hallett Wilkinson • Conyers Dill & Pearman • Mello Jones & Martin taylorroot.com
Living & working in Bermuda Re-qualification Work permits Bermuda operates a fused profession; all lawyers All non-Bermudians require a work permit. If you are a admitted to practise in Bermuda have rights of UK or Commonwealth qualified lawyer you are generally audience before the Bermuda courts. Admission to required to have at least 4 years’ post qualification the Bar for non-Bermudians is restricted to those who experience, although this is not a pre-requisite. are entitled to practice in another Commonwealth jurisdiction, who have been resident in Bermuda for 12 You must be Commonwealth qualified to obtain a work months and have a valid work permit. No examinations permit. If your spouse wishes to work in Bermuda, his are necessary. or her prospective employer must obtain permission from the Department of Immigration and be issued Remuneration and benefits with a work permit. Unmarried partners have no right to reside on the island. Salaries in Bermuda are generally high. Finance and corporate lawyers will earn approximately between US$140,000 at the 4PQE level, up to $300,000 for exceptional senior lawyers in their first year. Tax is low with payroll tax of only 4.5%. taylorroot.com
Living & working in Bermuda Lifestyle Bermuda is one of the world’s leading holiday resorts As it does not take long to move around the island, and is fantastic for sports enthusiasts.There are 8 golf scooters and mopeds are the popular method of courses, numerous tennis facilities and superb cricket, commute. Ferries are also a very popular method football and rugby facilities. Hockey and squash are of commute to work in Hamilton in the morning. also very popular with a number of different leagues. Bermuda’s schooling system is very good and is based There is also an excellent variety of watersports. on the British system. Most schools are government maintained with a few private schools. The majority of properties are rented. Accommodation can be expensive and moving into a shared house is Getting there the popular choice for singles. A two-bedroom flat/ Bermuda is well-served by the world’s major airlines. cottage (semi-furnished) will cost between $2,500- There are daily flights to and from major North $5,000 per month. A good three-bedroom house American business centres, including New York, can be obtained for between $8000-$10,000 per Toronto, Boston, Philadelphia, Atlanta, and Washington. month.The high cost of housing and the strict controls There is a summer service to and from Miami, Orlando, applying to non-Bermudians effectively rule out any Charlotte, and Halifax. prospect of house purchase. Flights from London take eight hours and are direct. taylorroot.com
Contact For more information on living and working in Bermuda or if you are interested in relocation to the region please contact: Graham Blyth T: +44 (0)20 7415 2828 E: grahamblyth@taylorroot.com Established in the 1980s, Taylor Root is now widely recognised as being one of the world’s leading legal recruiters. Operating out of offices in London, Dubai, Hong Kong, Singapore, Sydney and Melbourne, we are ideally placed to assist law firms, banks and companies with their legal recruitment on an international basis. Taylor Root has a strong track record in the recruitment of: Heads of Legal and legal counsel; law firm associates and partners; contract/locum lawyers; paralegals; company secretaries and compliance professionals. Taylor Root is a member of The SR Group. The SR Group is a specialist recruitment consultancy dedicated to raising standards in the business environments that we serve. The sectors we cover include tax, legal, human resources, marketing, professional support and executive search, dealing with a substantial number of the world’s leading professional partnerships, multi-national corporations and international banking groups as well as small to medium sized developing organisations. London Dubai Hong Kong 95 Queen Victoria Street Suite 614, Liberty House DIFC 1918 Hutchinson House London EC4V 4HN PO Box 506739 10 Harcourt Road , Central, Hong Kong T: +44 (0)20 7415 2828 T: +9714 448 7770 T: +852 2973 6333 Singapore Melbourne Sydney Level 21 Prudential Tower Level 2, Rialto North Tower, Level 12, 25 Bligh Street 30 Cecil Street 525 Collins Street Sydney Singapore 049712 Melbourne, VIC 3000 NSW 2000 T: +656 420 0500 T: +61 (0)3 8610 8400 T: +61 (0)2 9236 9000 Taylor Root is a member of The SR Group taylorroot.com
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