IFA firm LM Financial are pursuing a Bermudan dream as part of funding drive to raise capital for a Brit flick which it hopes will deliver clients onshore tax-breaks .
LM marketing manager Tony Wright-Jones is flying out to the island paradise following a shortage in supply of suitable British film projects which qualify as a suitable investment for enterprise investment schemes.
LM has already shored up the support of the Bank of Bermuda and the Bermudan tourist board for the film. It will be the first ever feature film to be shot on the island and has the working title Dream Bermuda.
Now LM intends to drum up support by targeting local dignitaries as well as the well-heeled islanders which are said to include A-list celebrities including Michael Douglas and David Bowie.
Bermudan Dream is the story of an Anglo-Bermudan woman’ personal struggle which has already been a successful London stage show. Ninety per cent of filming will be carried out on Bermuda, though the film will still qualify under British EIS rules.
Wright-Jones says: “There is a shortage of projects which qualify for the tax breaks so we are helping to set up a production which does qualify for an EIS.”