Bermuda is the most expensive nation on Earth
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- Опубликовано: 3 окт 2024
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Considering a move to Bermuda? Check my video on 6 things you should know BEFORE you get here! ruclips.net/video/zSirkoA86Aw/видео.html
I’m of Bermudian descent, and I grew up on the island five years before I moved to the United States. I still visit the island on vacations to see friends and family, and every time I’m there, whenever I try to buy snacks from Europe, specifically ones from the United Kingdom, the price is through the roof. I remember one time I went to buy a Cadberry milk chocolate bar at Miles, and the price was somewhere between $7-$10.
The fact that Bermuda is more costly than San Francisco is mind-blowing, and I’m saying this as an American citizen.
Your story is similar to mine wow! I was born there and moved when I was 6 to the US, Bermudian mom and American dad. I found a shop near me that sells real Cadbury and Quality Streets and I’ve been in heaven.
I haven’t been back in years, I can’t afford to, but it’s my dream to show my partner where I grew up. Someday.
Now I know why I never hear anything about Bermuda in the US. A gem indeed, but one that nobody can afford. Plenty of other beautiful places on the planet to escape to.
well, the biggest reason you never hear of us is that we tiny as hell hahaha
The ocean water isn’t as clean as it is in Bermuda‼️🗣️🗣️🗣️💯
most giant corporations use Bermuda as one of their tax havens (along with other countries like Panama, Cayman islands, The Bahamas, etc) and the Bermudian government knows it . I am really feeling for the average person there as I moved OUT of NYC. It is brutal here
Great video J!!! Hope it catches the right attention.
There are only 4 countries in the world with gdp per capita $100,000+.
1. Monaco
2. Liechtenstein
3. Luxembourg
4. Bermuda
Lol,sad part is the average Bermudian doesn't even make half of that.
Don’t forget the Republic of Ireland 🇮🇪
🍀 🍀🍀
@@kayriz5838 no they havee 80 thousand
How they just pass off a shed...with a fake picture??? I'm dead....lool. I shared this video on my Facebook...I was here cracking up because of the edits but the message is so serious, it's scary.
We hear ya, Bermuda! Life in the USA is crazy expensive too (food prices cannot compare to yours) but crazy expensive for what is grown/produced here. I've never worked harder to remain poor.
World is in a sad state right now
What about Switzerland ?
@@BreakingJJC Switzerland was third on the cost of living index. We beat them finally after many years of glorious PLP rule 🤣
@@feliciavale4279 who’s second place ?
I would like to know more ... Compering it to years past would be great. It's always been costly that's why I left when UBP was in power. When you travel, then you see how outrageous prices are in Bermuda. You can own 3 homes in the U.S. for the price of one in Bda.
originally I didn't think anyone outside of my usual viewers would see this video so I wanted to keep it relatively short. Since there seems to be lots of interest in this style of content i'll definitely add more detail to the next one!
It's a. SHED!! bruh :( ....very good video! amazing editing too btw.
Doujone McLarty 😂😂😂
There are several factors that affect the cost of living in a remote place like Bermuda, 1) The cost of transportation of goods to the island; 2) The taxes on imports; 3) the cost of energy and utilities and 4) the amount of land. Address those issues and the cost of living will drop. The toughest one is land as there is only so much and reclaiming land from the sea, if it is even possible to do so without harming the environment, is expensive. But Bermuda does have tons of open and unsettled land in its golf courses. Does the country really need eight of them? Maybe half that many would be enough? Put that land on the open market, especially if the maximum lot size is controlled, and you will see housing prices drop. Now I am not a Bermudian so I can't have a say in the matter but as someone who loves the island it saddens me that so much potentially productive land is given over to sport.
Sad but true. We are too damn expensive. You'll see more homeless and crime go up!
That shed BS had be hella confused when I saw it on FB! I took a ride to look for the house and found a damn shed/garage. 🤣
Great work Omar, I am really impressed with the production. Glad to have found your channel - perhaps we can work together one day!
For sure man! We bermudian youtuber need to stick together! Keep in touch! And thanks!
There is a lot of reasons for this I mean Bermuda is a tax haven for a lot of US the expat demand is high so the only way for them to not get drowned out by foreign goods is to use tariffs.
Just one correction: almost everything here is imported anyway. There is very little produced locally to be drowned out
Yes so true!. Jamaica where I grew up has a similar problem when it comes to goods huge trade deficit. Only thing is that there is a fair local produce industry that increases the competitiveness of prices to some degree. If the Caribbean in general has some collusion in trade especially produce we can diversify debt enough to not be controlled by the US.
@@tonytanner3048 great comment, man. And very true. I love buying local produce but our farmers just don’t have the available farmland to sustain the entire island much less export anything. Keep an eye on the channel! I’ll be exploring the Bermuda economy and digging into our high cost of living. You may find it interesting!
And I thought we New Yorkers had it rough on cost of living... X_X
For a small island nation in the middle of the freaking ocean the cost of living is mind-blowing.
Bread life ain’t easy over here 😅
I luv Bermuda and have visited several times but I’m priced out! Hotel prices are ridiculous! Airfare is steep too and I depart from Washington DC! It’s a 90 min flight so it’s nice but I don’t know if I’ll be able to return. I’ve cruised there on Royal Caribbean but it’s not the same.
I tell you what, this is a good time to come. All the hotels are cutting some good deals to get people in. I bet the airfare is good too, but I haven't checked. Nobody flying right now so anybody that does come is getting treated like a king lol
wvsista2011 I live there it so expensive
I can't believe that shed posting is real.
Seeing that ad was the start of this entire video lol
The cost of living in Bermuda is outrageous and ridiculous something has to be done and fast.
Are you expecting the recent changes in Bermuda’s financial and insurance regulations to help or hurt Bermuda’s economy? I expect many of the smaller financial companies will move from the island - taking many of their employees with them. The reduced need for housing may decrease housing prices but unfortunately the expats moving off the island will also be taking many jobs with them. I am curious as to your thoughts.
How about the salaries in Bermuda? Do they match the cost of living?
at a very high level: At one point in time there was balance. Costs were high but salaries were high as well. However, in recent years emigration and economic downturn has eaten away at a population that is still supporting a massive civil service. So taxes go up which causes even more people to leave and it becomes self-perpetuating. Admittedly, it's a much more complex issue than my video demonstrates. I wasn't expecting this much exposure lol
how much are these politicians being paid? They must be taking under the table deals to be able to live in Bermuda. even Monaco doesn't have bread that's $7.55
They actually gave themselves a raise last year....lol
Hello great video!! I know what you're saying is correct. I am living on Bermuda for the past 6 years and each year i have seen firsthand it get more and more expensive. I am know considering leaving the island again possibly moving to Toronto, Canada. I am a new blogger. And I am living in Bermuda I would like to meet you or get in touch to talk about blogging and Bermuda.
Msg me on Instagram or facebook. Same name
How is working in the construction field over there?
this depends on how people live, like living like the jones
Bermuda is more expensive place than United Arabe Emirates who on oil and a verry cheap gasoline and the gasoline in Bermuda is verry expensive to.
Gas is definitely super expensive
@@OmarJames How much?
It works out to about $8 or $9 a gallon
@@OmarJames 1 gallon = 3.75 liters.
Félix Maltchinski this is true!
I almost moved to Bermuda. had all the Gov paperwork done had the chest x-rays done. Had a job waiting for me and my wife. But the company CEO was not up and up on what expenses they were willing to pay for. I told them to screw off. Im gonna name drop and say Market Place
You dodged a bullet trust me. They by far the worst supermarket chain on the island to work for
They did you a favour.
😂😂😂😂 My dude...you gonna mess around and get OBA voted back in with this video!! Loool
Man I aint a fan of either party but I did vote PLP in the last election. Its frustrating that nobody holds them accountable for all the promises they made + OBA is a toothless opposition. Just another day in bermuda politics
Hold your government accountable and you wouldn't have to worry about that.
@@OmarJames The communist approach ignores the populations understanding of economics. A key part of economics involves incentive. No incentive, No workers, no product/service, no profit!
Jesus Christ loves you all. God bless all
The memes in this is so clean
Bermudan should order on line from the USA save their bucks. Get those boxer for 16.99 from Amazon save the rest.
The food price is still ridiculous.
We do that alot. But everything imported must clear customs so their import taxes will get added at that point. In addition to international shipping and handling. So it all adds up
Ordering from the USA is more expensive. Also, it's Bermudian, not Bermudan.
@@I_Think_You_Should_Leave Thanks for the correction.🌞
It would actually cost the same or more with (air) shipping costs and customs taxes added. I suppose it could work for non-perishables if you send it by sea but we'd still have to buy things like milk, meat, bread, etc here.
Great video! Thanks. Columbus, Ohio USA ❤
Respect!
You nailed it Omar, well done :-)
It hasn't JUST gotten expensive here. It;s been expensive. The question you should be asking is why the OBA/UBP gave away our airport and its revenue for 30 YEARS!!! They KNEW that taxes would have to be raised to make up for it!!! PLEASE!!! Get REAL!!!
You ain’t making sense bro. If they gave away the airport, why would they need to raise taxes to pay for it? The deal is, someone else builds it in return for a portion of future revenue. They did that so we wouldn’t pay for it. but if you just making this a OBA vs PLP thing then just take it to facebook or something. im not interested in that convo
@@OmarJames Please first of all we get NO revenue for 30 years. After 30 years what condition will that building be in!! Please get some sense Bro!
Derek Weller - we didn’t pay for it. What part of that don’t you understand?
@@OmarJames We are paying for it!! For 30yrs Bro!! That revenue is not coming into our coffers so YES WE ARE PAYING FOR IT!!
@@derekweller6505 interesting theory. anyway! let's take this to the next video bro - ruclips.net/video/DX495iRusik/видео.html
Sad to say it all over. I'm from antigua and the living cost is high to over here.
Lol amazing video! But seriously ... why is it so damn expensive!?!
Might be a topic for the next video!
Great idea 💡
just about everything is imported but it doesn't justify the outrageous costs of simple things like food and clothes here 🤣🤣
It's called neo-liberalism.
Im wondering, how on earth can Bermudas government more screwed up than south africa. I cant believe. your hourly wage is our weekly even monthly wage, yet products are so expensive
They produce nothing. They have no industries. Rent a car is not available on the island. I know Bermudians who work 3 jobs to make ends meet.
Fancy, living on an island where basic island foods such as mangoes and coconuts are not grown.
It's beautiful to visit but a struggle to live there.
Sounds like oppression
"PANAMÁ REL OCATION TOURS!! WITH JACKIE!! 😊🙋👍❤️👈"
We began our Bermuda vacations as most do, with a honeymoon (1974). We have spent a total of nearly a year in Bermuda. We purchased at St. George's Club and used it from the early 1980's through 1999(apx).
Incompetent government is the problem (N.B. The poor management of timesharing in Bermuda). At that point is when we were left behind due to cost (also Rebecca Middleton and immigration policy). It simply did not have the value any longer.
We would love to return a couple of times a year but the shift to commercial dependency (95% tourism to 5% tourism) is not viable for the tourism industry. We miss Bermuda and would love to see a proper government put in place. With an island like Bermuda it was hard to fail - but somehow the government managed. Fix it and we would be back in a flash. (One hint would be to abandon use of the phrase "value for money" as one knows that someone has their hand in your pocket at that point.)
Very insightful comment. Wish i could post a better reply but I’m traveling at the moment and just typing this out quickly on my phone. Please keep in touch, would love to chat with you!
The audio on this is infuriating. Otherwise very interesting video
I live in Bermuda
Greetings fellow bermudian
"5 REASONS TO GET PANAMÁ RESIDENCY!! 😊🙋👍❤️👈"
Ekhm... Monaco, Singapore, Sydney, Hong Kong...
Monaco is a city state. The other countries are 10th, 16th and 4th respectively. Bermuda is #1 country on the world cost of living ranking
www.expatistan.com/cost-of-living/country/ranking
@@OmarJames Allright. That is a informative reply. Thanks. Peace.
@@OmarJames it's a sovereign state.
Big govt, little people
I mean it is an island .....
SandStorm XII - true. But there are many islands with a comparatively low cost of living. Bermuda wasn’t always this expensive. It’s a recent development
12 terrible people thumbs downed
Haters gonna hate
Those are 11 year old kids who know nothing about cost of living.
Bermuda is not a country
what is it?
@@OmarJames A British overseas territory.
@@pavelnunezbrito.8134 an independent, self governing nation that is also an overseas territory
@@OmarJames Still it consider as overseas territory not a sovereign state.
@@neddiego2570 So with your logic Scotland, Wales and England aren't countries either since they're not sovereign states.
What... someone has never even visited California.
Been to cali several times actually. You ever been to Bermuda?
@@OmarJames Great. Then you'd know rent alone is 5k, let alone cost of living. NO matter how you slice it, it's joke--and none greedy people are at the buttend of it.
@@MrRevoltOfficial Did you see the cost of living is above SF? Also, California is not a country.
@chrisgis1165 Above SF? I'm not even sure what you mean. Also, neither is Bermuda. It's a territory of Britain, and about the size of Carolina. Either way, when you say "nation", if this is even about nations, then it's wrong. I'm pretty sure the US is up there in the top 10, when it comes to most expensive, especially if only California beats all of Bermuda. There is no argument.
@@MrRevoltOfficial read the title of the video… and you comment on Cali? Cali is a state my G. If u cant afford it move to another state. Bermuda is an Island. Where you gonna move to without leaving your own country?……
Who about you just cant afford to live there….