Good day to members of the media and the listening public.
I stand before you today to provide an update on the Economic Investment Certificate (EIC) program.
It is with great pleasure that I announce that in the eight months since the launch of this initiative on March 1st, 2021, the total investment of EIC holders in Bermuda is over 39.5 million dollars ($39,541,923.94), which includes $14.3 injected into the economy from real estate purchases made this year. This is a significant and positive result, and we have not even reached the one year mark yet.