Non-Bermudians own 2,174 acres of Island
Created: Mar 13, 2015 08:00 AM (Updated: Mar 13, 2015 08:01 AM)
Non-Bermudians owned 2,174 acres of Bermuda’s land as of October 31, 2014.
However, the figures do not include holders of permanent resident certificates.
Junior Minister of Environment Sylvan Richards provided the numbers in the House of Assembly in response to questions from Derrick Burgess, the Progressive Labour Party Member of Parliament.
Between December 20, 2012, and October 31, 2014, 15 licences were issued to PRCs to purchase condominiums.
During that same period, 27 licences were given to non-Bermudians, excluding PRCs.