The first phase of revised work permit policies, with a series of changes to work permit fees, come into effect today according to the Ministry of Home Affairs.

Legislation modifying the cost of fees was passed in the House of Assembly last month, applying to all businesses and organisations that employ guest workers.

As a result of the changes:

n One-year work permit fees have increased from $721 to $800,

n Two-year work permit fees have increased from $1,442 to $2,000,

n Three-year work permit fees have increased from $2,163 to $3,000,

n Four-year work permit fees have increased from $2,884 to $4,000,

n Ten-year work permit fees have decreased from $20,000 to $15,000.

The changes also establish new ‘special categories’ of work permits including the global work permit and the new business work permit, which will the regular rate, but with an additional $750 processing fee.

A Ministry spokeswoman stated that the lower rate increase for one-year permits is hoped to encourage businesses to seek shorter permits and increase the frequency of jobs being advertised — giving Bermudians an opportunity to apply for the post.

Home Affairs Minister Michael Fahy stressed that the changes are the first in a broader revision of the policies, with the second phase commencing following a wholesale review of the current policy by the Work Permit Stakeholder Group.

“We are working very hard to grow the Bermuda economy so that there is opportunity for all. It that regard, preserving, protecting and providing jobs for Bermudians is our top priority,” Sen Fahy said.

“And we see these reforms in the work permit policy as key in protecting Bermudian jobs. As I’ve said previously, ensuring social and economic equity for everyone is a critical goal for this Government.

“We understand that the amendments to the Work Permit Policies will not solve all of our current unemployment issues, but we genuinely believe it is a step in the right direction.”