Source document

Ministerial Statement: Update on Economic Investment Certificate in Bermuda (15 July 2022)

House of Assembly of Bermuda (statement by Hon. Jason P. Hayward, Minister of Economy and Labour) · Government · 15 Jul 2022 · Bermuda

Has everything in it been taken?

CompleteReviewed 8 Oct 2026

Reviewed. Everything in it that belongs in the tables has been taken.

What the document holds

Ministerial statement to the House of Assembly, 15 July 2022, 4 pp.: as of 11 July 2022 $349,644,195 invested since 1 March 2021, incl. $94,180,923 real estate and $255,463,272 new and existing businesses (these two parts add up to the total); 19 applications approved covering 48 persons; pipeline of over 41 persons with expressions of interest and over $88 million of pipeline investment; $2.5m minimum; five-year path to RC; qualifying investments; five-business-day turnaround for approvals; BDA promotion; "nearly $350 million ... after 16 months" restates the total. Added: expressions of interest (41), pipeline investment ($88m), processing time (5 business days). The rest already in the data.

What it supports

8 rows on this site come from this document. Each one opens with the page and the exact words.

About the document

What it covers Cumulative investment ($349.6m) split real estate / business, 19 approved applications covering 48 persons, as of 11 July 2022.

Notes Statement to Parliament; figures are the Ministry's own, not audited.

Source id bmu-parl-ms-eic-2022 · accessed 2 Oct 2026