As during registration of the transaction on real estate on Bermuda it is necessary to make some additional obligatory payments. For example, one of terms of transaction with real estate for foreign citizens is existence of the special license, to get which it is possible for $1 375. Registration of this license borrows of four months to six. During this time the government completely checks all data of the potential buyer, up to a financial condition.   After obtaining the license additional collecting doesn't come to an end.

 As it is necessary to pay a real estate tax which size is estimated from the cost of acquired real estate. If the transaction is made concerning the house, is on sale to pay to 25% from its market cost if the apartment is got – that a tax will make 18% from cost. Even at acquisition of the apartments located in complexes and lodging houses it is necessary to bring a tax of 6,5% from the cost of acquired real estate.  

 But also on it collecting and taxes don't come to an end. Upon real estate purchase on the Bermudas, the buyer is obliged to bring the state tax which size is influenced by the cost of acquired housing in treasury. 

The maximum rate of the state tax can't be higher than 7% if the cost of the house makes more than $1,5 million.   The main buyers of Bermudas real estate are natives of America and Canada – about 85% of all foreigners who have bought real estate on the archipelago.