Log In

Reset Password

What the UBP plans for the economy

Building a third pillar based on the financial sector - and improving tourism.Setting up an Office of Economic Empowerment to ensure all Bermudians have an opportunity to participate in the future success of the Island "particularly those who have been left out".

Building a third pillar based on the financial sector - and improving tourism.

Setting up an Office of Economic Empowerment to ensure all Bermudians have an opportunity to participate in the future success of the Island "particularly those who have been left out".

Starting a Ministry of Economic Development to develop Bermuda as a compelling centre for business and investment.

Setting up an Economic Development Authority to develop diversification in the international business sector, tourism and the broader economy.

Balanced approach to International Business to maintain its success while protecting the interests of Bermudians and their quality of life.

Reducing the tax burden - release tax review completed in 1998, reduction of death tax on primary residence and duty free tax system for tourist-related retailers.