invest in bermuda
invest in bermuda
Explore development opportunities, government incentives, and vibrant communities ready for growth in Bermuda's Economic Empowerment Zones (EEZs).
Why Bermuda?
crossroAds of the atlantic
Bermuda’s location is one of its greatest strengths. Just under two hours from most major U.S. East Coast cities, around three hours from the broader East Coast and the Caribbean, and less than seven hours from the United Kingdom and Western Europe, Bermuda is an ideal destination for international business and global travellers.
fast facts
POPULATION – approx. 60,000
CLIMATE – Semi-tropical
GDP – $8.980B (2025)
Fourth highest per capita income in the world
Ethnically & culturally diverse
somerset eez
somerset eez
St. George's eez
St. George's eez
St. George's eez
the uda vision
Revitalise key communities by promoting economic investment, stakeholder engagement, and development that supports residents and the environment.
what we do
Facilitate funding and incentives
Assist developers with proposals
Acquire and manage land for redeveloment
Partner with key government and industry stakeholders
THE EEZs
Bermuda’s Economic Empowerment Zones (EEZs) foster growth and sustainability in designated communities by providing targeted business support and financial incentives. Located in North East Hamilton, South East Hamilton, Somerset, and St. George’s, the EEZs offer payroll tax concessions, customs duty deferments, and preferential financing to encourage investment, strengthen enterprises, and drive long-term economic development.
somerset
Aiming to boost economic activity and connectivity in the West End, the Somerset EEZ supports small business development, tourism enhancements, and housing opportunities.
north east hamilton
Focused on revitalizing Hamilton’s eastern neighborhoods, this zone promotes mixed-use development, cultural preservation, and community empowerment.
south east hamilton
A key corridor within the City of Hamilton, this zone encourages commercial expansion, creative industries, and mixed-use development to support urban renewal.
st. george's
Centered around the UNESCO World Heritage town, this zone emphasizes heritage preservation, sustainable tourism, and infrastructure renewal.
set up for success
High income economy
with a strong international
business and tourism presence.
Government-supported development initiatives.
Attractive tax and business incentives.
National goal to increase population by 8,000; creating strong demand presence for housing and business.
Development concepts
Hover over these existing available sites to view development concepts to help envision the possibilities.
The Cornerstone
Wantley Gardens
84 SOMERSET ROAD
Pennos Wharf St. George's
What's Available
View available development sites across the island on our interactive map.
connect with us
Get in touch with us to submit a proposal or to get more information and be part of the transformation.