Indian Industry

Country Profile

Bermuda
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Situated off the east coast of the united states, bermuda is blessed with the natural resources like limestone and is recognized as the pivotal tourism center. Home to nearly 66,536 people, bermuda enjoys good literacy rate among both male and female sections. It has achieved 98% and 99% literacy rate in both men and women sections. It has enjoyed the third highest per capita income in throughout the world. Bermuda enjoys good exporting relaitions with brazil, spain, germany, denmark. Service sector is the major GDP contributor followed by industry and agriculture sectors.

Snapshot

Official Name - The Bermuda Islands
Capital City - Hamilton
Type of Government - British Overseas Territory
Currency - Bermudian Dollar
Fiscal Year - 1 April-31 March
Official Language(s) - English
Local Time - Atlantic (UTC-4)
International Dialling Code - +1-441
Internet Domain - .bm
Major towns/Cities - Devonshire,Hamilton, Hamilton Parish, Saint George, Southampton
Major Industries - International Business, Tourism, Light Manufacturing
Major Trading Partners - USA, Canada, UK
Double Taxation Treaty with India - No



Economic Overview
  • It has been recognized as having one of the highest per capita income in throughout the world.
  • Tourism industry has been considered as the flourishing sector of the bermuda.
  • It has been characterized as the crucial business center in throughout the world.
  • Financial services are estimated to contribute around 60% in bermuda's gross national product.
  • It shares good exporting relations with brazil, spain, germnay, denmark.
International Trade

Major Export Items
Reexports of Pharmaceuticals

Main Destinations of Exports
Brazil, Spain, Germany, UK, Denmark

Major Import Items
Clothing, Fuels, Machinery and Transport Equipment, Construction Materials, Chemicals, Food and Live animals

Main Origins of Imports
USA, Germany, Italy, France

Contacts of Trade Ministries/ Associations

Bermuda Chambers of Commerce Bank of Bermuda Investment Centre
1 Point Pleasant Road, Hamilton
PO Box HM 655
Hamilton HM CX
Bermuda
Tel.: +(441)-(299)-4201
E-mail: cnci@slt.lk

Ground Floor, 6 Front Street Hamilton HM 11
P.O. Box HM 1020, Hamilton HM DX
Bermuda
Tel.: +(441)-(299)-5900
Fax: +(441)-(299)-6537
E-mail: investmentcentre@bob.hsbc.com


Business Visa Rules
  • Passport with minimum validity of 6 months.
  • Fully completed and signed visa application form with passport size photographs.
  • Letter of invitation from the business associate or company situated in bermuda.
  • Letter from the applicant's company stating details like date of departure and return, purpose of visit along with other requisite details.
Business Hours

Offices:   Monday to Friday from 09:00 - 17:00

Public Holidays

Festival Date
New Year's Day January 01
Good Friday Date Varies
National Heroes Day Date Varies
Queen’s Birthday Celebrations Date Varies
Emancipation Day Date Varies
Somer's Day Date Varies
Labour Day September 01
Remembrance Day November 11
Christmas Day December 25
Boxing Day December 26
bermuda


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