Are there property taxes in The Bahamas?

Yes, but rates are modest—generally around 0.75%–1% depending on assessed value and usage class.

Bahamas Residency by Investment 2025 — Step-by-Step Guide to Tax-Free Living (USD $1M Threshold)

Bahamas Residency by Investment 2025
Step-by-Step Guide to Tax-Free Living

Qualify for Economic Permanent Residency (EPR) via real estate. Updated minimum USD $1,000,000, $1.5M accelerated (~90 days), and a proven 5-step process.

Key Takeaways

Minimum property investment: USD $1,000,000 (residential)
Accelerated EPR: USD $1.5M+ with priority processing (~90 days)
Standard processing: ~6–12 months

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Why Choose The Bahamas

World-class lifestyle, tax advantages, and stable, English-speaking governance.

Tax advantages: No income, capital gains, inheritance, or corporate tax
Global access: Direct flights to NYC, Miami, London, Toronto
Prime locales: Paradise Island, Lyford Cay, Old Fort Bay, Albany

Infographic: Steps to secure Bahamas residency by investment — Save or share this infographic for a quick overview of the residency process.

2025 Thresholds & Options

Updated January 1, 2025

Residency Category	Minimum Investment	Typical Processing
Economic Permanent Residency (EPR)	USD $1,000,000 (qualifying residential property)	≈ 6–12 months
Accelerated EPR	USD $1,500,000+	≈ 90 days (priority)
Annual Homeowner’s Residence Permit	Property ownership (no fixed minimum)	≈ ~1 month

Note: Approval is discretionary. Work authorization is separate from residency.

How to Secure Bahamas Residency (5 Steps)

Choose a qualifying property: USD $1M minimum; $1.5M+ for priority.
Engage licensed professionals: BREA-licensed agent + Bahamian attorney.
Offer & close: ~10% deposit; VAT ≈10% (over $100k) + legal fees (~2.5%).
File EPR application: Proof of ownership, police & bank references, medical, photos.
Approval: Standard ≈6–12 months; accelerated ≈90 days.

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Expert Tips

Location logic: Paradise Island, Lyford Cay, Old Fort Bay, Albany hold strong long-term value.
Rental strategy: Consider vacation rental eligibility for supplemental income.
Complete files: Well-prepared applications minimize delays.

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Frequently Asked Questions

Designed to match People Also Ask (PAA) and snippet formats.

What is the minimum investment for Bahamas residency in 2025?

As of January 1, 2025, the minimum investment to apply for Economic Permanent Residency (EPR) is USD $1,000,000 in qualifying residential property.

How fast is the accelerated EPR track?

Investments of USD $1,500,000+ may receive priority processing in approximately 90 days.

Does buying property guarantee citizenship?

No. Permanent residency grants the right to live in The Bahamas indefinitely. Citizenship is discretionary and is generally considered after 10 years of residence.

Can I work in The Bahamas with permanent residency?

Permanent residency does not automatically include the right to work. You must obtain a separate work permit or authorization.

What other costs should I expect beyond the purchase price?

Typical costs include a ~10% deposit, government VAT (≈10% on properties over $100k), and legal fees (≈2.5%).

Talk with Glenn Ferguson — Your Bahamas Residency & Luxury Property Expert

24+ years helping investors secure qualifying property and permanent residency.

Ask Glenn Call/WhatsApp: +1 (242) 395-8595