Your realtor will assist in this. The specific 22 percent fee is a one-time fee to a specific buyer but adds considerably to the purchase price of any property. It is applied again if the property is sold to a new buyer. One slight consolation is that stamp duty is usually split equally between buyer and seller. It may not be rented out or sub-divided or internally divided to create more dwelling units unless specific permission is obtained from the Minister of Home Affairs and Public Safety.
Restrictions apply to non-nationals in other ways.
This latter law applies to Bermudians as well. See Bermuda Transportation for Residents . They are for Land Tax purposes only, as described below. Land taxes on these properties are payable at their specific ARV rates in the Land Tax schedule shown above. Generally, this cannot be acquired by non Bermudians.