Bermuda agents hoping for foreign ownership law change

Bermudan agents are holding out hope that the government will implement land-policy changes this year to enable Bermudans to sell real estate to non-Bermudans.

Buddy Rego, president and chief executive of Rego Sotheby’s, said that adopting such a shift would “help the market”.

“The collective concerns of realtors are already known to government. I for one am looking forward to hearing something back on the issue soon.”

Source: OPP.org.uk