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Bermuda&#39s a dream for movie cash

IFA firm LM Financial is pursuing a Bermudan dream as part of a funding

drive to raise capital for a British film which it hopes will deliver

clients onshore tax breaks.

Marketing manager Tony Wright-Jones is visiting the island paradise as

there is a shortage of suitable British film projects which qualify as

suitable investments for enterprise investment schemes.

LM already has the support of the Bank of Bermuda and the Bermudan tourist

board for the film. It will be the first feature film to be shot on the

island and has the working title Dream Bermuda.

LM intends to target local dignitaries as well as the weal-thy islanders

which are said to include actor Michael Douglas and David Bowie.

Bermudan Dream is the story of an Anglo-Bermudan woman&#39s personal

struggle, which has already been a successful London stage show.

Ninety per cent of filming will be carried out on Bermuda although the

film will still qualify under British EIS rules.

Wright-Jones says: “There is a shortage of projects which qualify for tax

breaks so we are helping to set up a production which does qualify for an

EIS.”

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