What do I need to know before retiring in Bermuda?
When we asked people what advice they would give someone preparing to move to Bermuda, they said...
"Before retiring in Bermuda, expats should be aware of the cost of living, which is higher than in many other countries. They should also research the local housing market and the availability of rental properties. Additionally, expats should familiarize themselves with the local laws and regulations, as well as the tax system. It is also important to consider the climate and the island's hurricane season. Finally, expats should research the local healthcare system and the availability of medical services," remarked another expat who made the move to Bermuda.
"Do not come. On paper the salary looks good but a loaf of bread is US $3 and a half decent place to live is US$ 3000 a month. You have to be on a good package of 100K or more plus apartment thrown in to be OP here," explained one expat living in Hamilton, Bermuda.
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Other Questions:
- What do I need to know before retiring in Bermuda?
- How do I meet people in Bermuda?
- What is life like in Bermuda?
- Is there a lot of crime in Bermuda?
- Is there a lot of diversity? Are people in Bermuda accepting of differences?
- What are the schools in Bermuda like?
- Is the cost of living in Bermuda high?
- What advice do you have for expats having a baby in Bermuda?
- What are healthcare services like in Bermuda?
- Is the cost of living in Bermuda high?
- What type of recreational facilities are in Bermuda?
- What is the weather like in Bermuda?
- Are there good restaurants in Bermuda?
- Where will I buy groceries and do other shopping in Bermuda?
- What are the visa & residency requirements in Bermuda?
- Are healthcare and health insurance expensive in Bermuda?
- What do I need to know when buying property in Bermuda?
- Are foreigners allowed to own property in Bermuda?
- What appliances are typically included in a rental?
What do I need to know before retiring in Bermuda?
If you live in Bermuda, newcomers to Bermuda would love to hear your answer to this question.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.