Bermuda Home Ownership Scheme Selected for Silver Award by NAREE
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In case you missed back in January 2016, last weekend this post was awarded “silver” in the “Best International Real Estate Story” category by the National Association of Real Estate Editors (NAREE). Enjoy.
Bermuda is a cluster of 130 picturesque islands you think is located in the Caribbean, but it’s actually in the North Atlantic Ocean about 650 miles east of North Carolina and 950 miles north of the Bahamas. Bermuda is known as much for its beauty as it is as a tax haven for multinational businesses.
Driving around Hamilton, you’d think the world consisted of bars, restaurants, insurance companies, and banks surrounded by ocean. That’s because while 400,000 tourists visit the island annually, 60 percent of the island’s GDP is derived from financial services.