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Bermuda Immigration and Protection (Land-Holding Charges) Amendment Regulations 2010

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Bermuda Immigration and Protection (Land-Holding Charges) Amendment Regulations 2010
FA E R
N

AT F
TQUO U

BERMUDA

BERMUDA IMMIGRATION AND PROTECTION (LAND-HOLDING CHARGES)
AMENDMENT REGULATIONS 2010

BR 59 / 2010

The Minister responsible for Immigration, in exercise of the powers conferred by
section 102C(1)(a) of the Bermuda Immigration and Protection Act 1956, makes the
following Regulations:

Citation
These Regulations may be cited as the Bermuda Immigration and Protection (Land-

Holding Charges) Amendment Regulations 2010.

Amends Schedule
The Schedule to the Bermuda Immigration and Protection (Land-Holding Charges)

Regulations 2007 is revoked and replaced by the following—

“SCHEDULE

(regulation 2)

LAND-HOLDING CHARGES

Type of
restricted
person

Type of land Means of
holding or
acquisition of
land

Charge

Spouse of
Bermudian

Residential
valuation unit

Jointly with
Bermudian
spouse

Nil




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BERMUDA IMMIGRATION AND PROTECTION (LAND-HOLDING CHARGES)
AMENDMENT REGULATIONS 2010

Spouse, Child or
Parent of
Bermudian

Any Land held by
Bermudian by
any means;
restricted person
has an equitable
right in land

Nil

Any Residential
valuation unit
that is not a
condominium
unit

Any, other than
by devise,
inheritance
or voluntary
conveyance

25% of
the value of the
land

Any Condominium
unit that is not
tourist
accommodation
or a hotel
residence

Any, other than
by
devise,
inheritance or
voluntary
conveyance

18% of
the value of the
land

Any Tourist
accommodation
or hotel
residence

Any, other than
by devise,
inheritance or
voluntary
conveyance



(a) election to
place on hotel
inventory

0% of
the value of the
land

(b) election to
keep for private
use

6.5% of
the value of the
land

Any Any, other than
land of a
type referred to
above

Any 5% of
the value of the
land.

”.

Made this 17th day of August, 2010



Minister of Labour, Home Affairs and Housing

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