The Bahamas Residency by Investment Program: A Comprehensive Guide

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Living in The Bahamas

Why Choose The Bahamas as Your Second Home

Bahamas Residency by Investment | Beachfront homes in the Bahamas

The Bahamas is an ideal destination for individuals who wish to reside in a tropical paradise surrounded by turquoise waters and white sandy beaches.

This Commonwealth country located in the Caribbean comprises of 700 islands, with its capital city being Nassau, and offers a stable economy, political stability, and a favorable tax system making it an attractive location for foreigners to live, work, and retire.

The country also offers various residency options for individuals seeking to make The Bahamas their permanent home. Here we will explore the Bahamas Permanent Residency by Investment Program (Bahamas Golden Visa), which is available, and the requirements for obtaining residency through this golden visa program.

The Bahamas Residency by Investment Program is an initiative launched by the Bahamian government to attract foreign investors and provide them with an opportunity to obtain residency in The Bahamas.

Through this program, investors can purchase property or invest in a business in The Bahamas and qualify for residency.

Glenn Ferguson is a highly respected real estate agent and residency consultant in The Bahamas. He has helped numerous clients successfully navigate the Bahamas Residency by Investment Program and secure residency in The Bahamas.

Glenn understands the complexities of the program and offers expert advice to clients seeking to invest in The Bahamas.

Benefits of Investing in The Bahamas Real Estate Market

Your Pathway to
Bahamian Residency

The Bahamas is a tropical paradise that attracts visitors from around the world. It has a stable economy, a favorable tax structure, and a high standard of living. As a resident of The Bahamas, you can enjoy access to world-class healthcare facilities, top-notch schools, and a multicultural community.

The Lowdown on The Bahamas Residency by Investment Program

Investing in The Bahamas real estate market offers several benefits, including tax incentives, potential capital appreciation, and the ability to generate rental income. The Bahamian government has also implemented policies to ensure that the real estate market remains stable and attractive to investors.

Eligibility Criteria for The Bahamas Residency by Investment Program

The Bahamas Residency by Investment Program provides a clear pathway to obtaining residency in The Bahamas. Eligible investors can obtain permanent residency by investing in real estate or establishing a business in The Bahamas. Residency can be granted to investors, their spouse, and dependent children under the age of 18.

Bahamas Golden Visa Investment Opportunities in the Bahamas

Bahamas investment opportunities | investing in Bahamas real estate

The Bahamas Golden Visa program requires applicants to invest in either real estate or a business operation. Investment options include:

Real estate: Purchase a property worth at least $500,000, with priority given to investments of at least $1,500,000.
Business: Invest a minimum of $500,000 in an eligible business, not in an area reserved for 100% Bahamian participation. The business must offer National Insurance Board sales, infrastructure, and potential entrepreneurial spin-offs as benefits to the national economy and employ Bahamians during the construction and operation.

Application Fees: B$1000 per person + B$250 for the landholding license. The investment should be maintained for the duration of the applicant's stay in the Bahamas.

Bahamas Golden Visa Application Process

The Bahamas Investor Visa application process typically takes 3-4 months and consists of the following stages:

Stage 1 - Month 1

Make your investment, either by purchasing real estate or getting a business plan approved by the appropriate authority. For real estate, apply for a landholding license after buying the property.

Stage 2 - Month 2

Submit your application for permanent residence along with supporting documentation and the required fees at the Public Treasury.

Stage 3 - Month 3

The Immigration Department processes your application, taking approximately 3-4 weeks to issue a decision. Upon approval, you will receive your permanent residency permit.

Requirements and Eligibility

Applicants must fulfill the following requirements to participate in the Bahamas Residency By Investment program:

Criminal Record: Police Record
Financial Requirements: Financial Reference (must be current).
Other Conditions: Character Reference (must be present).
Related to real estate: A copy of the land acquisition/purchase site plan (please include size). The number assigned to a piece of real estate for tax purposes. Proof of Real Estate Tax Payment (must be current). A complete copy of related conveyance with evidence of payment of the required sum.
Related to business: Character reference, Environmental Impact Assessment, Proof of financial capability, Business plan

Family Eligibility

Child Dependent

Only minor children are eligible to qualify as dependent.

Initial Permit

Applicants who are accepted are granted permanent residency in the Bahamas. The requirement is that the country's investment is maintained.

Citizenship

Residence Requirements: A legal permanent resident of The Bahamas has had that status for at least ten years, including the 12 months immediately preceding the date of application, and has lived in The Bahamas for at least six years.
Health Requirement: Medical certificate
Criminal Record: Police certificate of good character, issued within six months of application (all applicants 14 years and older)

The Bahamas Residency by Investment Program:
Your Gateway to a Dream Island Life and Tax-Friendly Environment

Call or WhatsApp 1-(242)-395-8495 to Get Expert Assistance

Complete the form below to discover the Bahamas Residency By Investment program, benefits, and process to obtain permanent residency on this beautiful, tax-friendly Caribbean island.