MORE ABOUT Bahamas

Bahamas's Independent Means Visas

The Independent Means Visa (Permit to Reside) in the Bahamas offers residency to qualified individuals who can demonstrate sufficient financial resources to support themselves without the need for employment in the country.

MOBILITY ASSSET SNAPSHOT

Discover the Independent Means Visa in the Bahamas

The Independent Means Visa (Permit to Reside) program in the Bahamas provides a pathway to residency for financially self-sufficient individuals. This program is designed to attract retirees, investors, and other individuals looking to establish residency in a Caribbean paradise known for its stunning beaches, tax-friendly environment, and high standard of living.

Bahamas
Mobility Asset Index Score
66.10%
Mobility Asset Type
Vistos de meios independentes
Official Name
Annual Residence Permit
Launched in:
2020
Online Submission:
Não
Residency Privileges
(in months)
12
Adjudication Time
(in months)
3
Minimum Stay Requirement
(in days)
90
In-Country Presence Requirement
(in months)
None

Visão geral

A Snapshot of Independent Means Visa in the Bahamas

A pathway to residency for qualified individuals with substantial financial means in the Bahamas

Requisitos de elegibilidade

Sufficient financial resources to support yourself without employment in the Bahamas

Restrições do ancestral da âncora

Meses para a cidadania

Duração do visto

Typically 1-3 years, renewable for up to 5 years

Meses para o visto

3-4 months

Requisito de presença física

No specific requirement, but regular visits are expected

Disponibilidade

Easy

Bolsa Família

Cônjuge e filhos

Visão geral

How to Apply for the Independent Means Visa in the Bahamas

Submit application to the Department of Immigration in the Bahamas, typically through a local attorney.

Visão geral

Discover How GlobalPassport Simplifies the Application Process for Bahamas's Independent Means Visas

Orientação passo a passo

Nossa equipe experiente o orientará em cada etapa do processo de solicitação, oferecendo assistência personalizada e adaptada às suas necessidades.

Preparação de documentos

Nós o ajudaremos a reunir e organizar os documentos necessários para a solicitação.

Envio de aplicativos

Quando seus documentos estiverem prontos, informaremos onde e como enviar sua solicitação às autoridades competentes.

Dúvidas?

FAQ's

Find answers to common questions about GlobalPassport™ and our services.

How long does it take to process an Independent Means Visa application?

Ícone de adição

Can I include my family members in my Independent Means Visa application?

Ícone de adição

What types of financial means qualify for the Independent Means Visa?

Ícone de adição

How often do I need to renew my residency permit?

Ícone de adição

Can Independent Means Visa holders apply for Bahamian citizenship?

Ícone de adição

Ícone de adição

benefits

Benefits of Independent Means Visa in the Bahamas

The program offers numerous advantages for individuals looking to establish their presence in the Bahamas' tropical paradise.

  • Path to permanent residency after 10 years
  • Tax-friendly environment with no income, capital gains, or inheritance taxes
  • Freedom to travel to and from the Bahamas
  • Access to high-quality healthcare and education systems

Tax-friendly environment

Beautiful island lifestyle

Proximity to US markets

Fast Processing Time

No minimum investment required

Average monthly income requirement

Países com isenção de visto

132

Passport Validity

10 years, 5 years for children

Visão geral

Why the Bahamas

The Bahamas offers a high quality of life, tax benefits, and stunning natural beauty for foreign residents.

Benefícios:

  • Tax-friendly environment
  • Stable political climate
  • World-class beaches and resorts

Vantagens:

  • Proximity to the United States
  • English-speaking country
  • Modern infrastructure and amenities

Dúvidas?

FAQ's

Find answers to common questions about GlobalPassport™ and our services.

How long does it take to process an Independent Means Visa application?

Ícone de adição

Can I include my family members in my Independent Means Visa application?

Ícone de adição

What types of financial means qualify for the Independent Means Visa?

Ícone de adição

How often do I need to renew my residency permit?

Ícone de adição

Can Independent Means Visa holders apply for Bahamian citizenship?

Ícone de adição

Ícone de adição

REQUIREMENTS

Requirements for Bahamas - Independent Means Visas

Check if you qualify based on your family history

Direct Ancestral Connection

Not applicable

Documentation

Prrof of residence ownership+Regular Income Stream: Monthly pension payments, Annuities, Proof of Financial Independence

Unbroken Chain of Citizenship

Not applicable

Legal Compliance

Criminal Record: A clean criminal record is required

REQUIREMENTS

Requirements for Bahamas' Independent Means Visa

To qualify for the Independent Means Visa (Permit to Reside), applicants must meet specific criteria demonstrating their financial stability and self-sufficiency.

  • Demonstrate sufficient financial means to support themselves
  • Secure suitable accommodation in the Bahamas (owned or leased)
  • Obtain comprehensive health insurance coverage
  • Have a clean criminal record
  • Provide character references

PROCESS

Independent Means Visas Process

#1

Initial Assessment

• Verify passive income sources

• Confirm income thresholds

• Review healthcare requirements

• Complete financial documentation

#2

Selection Phase

• Choose destination country

• Review residency requirements

• Assess tax implications

• Select optimal visa category

#3

Application Preparation

• Gather proof of income

• Obtain health insurance

• Prepare bank statements

• Complete background verification

#4

Submission

• Submit residency application

• Pay visa fees

• Schedule interview (if required)

• Provide biometric data

#5

Residency Setup

• Receive residency permit

• Register with local authorities

• Set up banking/utilities

• Complete residency registration

Start now by taking our free assessment

START ASSESSMENT

PROCESS

Timeline for Bahamas - Independent Means Visas

DOCUMENTS

Documents Needed for Bahamas - Independent Means Visas

Important Notes
• All documents must be original or certified copies
• Non-English documents require certified translations
• Documents must be apostilled where applicable
Personal Identification Documents
Core identity documents required from the applicantis is some text inside of a div block.

Passport

Vital Records Documents
Birth, marriage, and death certificates from applicant and ancestors

Marriage certificate and birth certificates of dependents (if applicable)

Proof of Residence Documents
Evidence of current residence status

Proof of property ownership in the Bahamas

Criminal Clearance Documents
Background check documentation

A clean criminal record is required, confirmed through police clearance certificates from the applicant's country of origin and any country of residence in the past 5 years

Financial Documents
Proof of payment and financial requirements

Applicants must provide documentation proving they have sufficient financial means to support themselves in the Bahamas

DOCUMENTS

Costs Associated with Bahamas - Independent Means Visas

Pre-Application Costs
Essential document preparation and verification costs

Birth certificates from government archives; Marriage certificates for family dependencies; Police clearance records from current and past residences

Certified translations into official language(s); Apostille certification; Government-issued document legalization

Diploma and transcript verification; Professional certification authentication; Credential evaluation services

Government Application Fees
Official fees charged by government authorities

Initial application submission fee; Processing and handling charges; Administrative review fees

$1,000

Fingerprint collection fee; Digital photograph requirements; Biometric data processing

Required medical examinations; Vaccination verification; Health certificate processing

Post-Submission Costs
Costs after submitting your application

Document verification fees; Background check processing; Application status updates

Consulate visit expenses; Interview travel costs; Temporary accommodation (if required)

Language proficiency testing; Skills assessment fees; Additional document requests

Professional Services
Optional external support services

Immigration lawyer consultation; Document review services; Legal representation fees

Tax planning consultation; Asset transfer advisory; Investment planning services

Relocation services; Property search assistance; Settlement support services

Post-Acceptance Costs
Costs after approval

Residency card processing; Passport issuance fees; Registration certificates

Oath ceremony fees; Registration charges; Local authority fees

Renewal fees; Status maintenance costs; Annual reporting fees

Rankings

GlobalPassport™ Mobility Asset Index

75

Classificação geral

Cost

Based on application fee

Residency Requirements

Based on residency requirements

Residency Privileges Length

Based on programs’s term

Processing Speed

Based on estimated processing time

Requisitos de elegibilidade

Based on entry requirements

Program Stability

Based on years of activity

Time to Permanent Residency

Based on permanent residency timeline

Rankings

Global Rankings/ Comparisions

Safety

Bahamas

Custo de vida

Bahamas

2

Quality of Life

Bahamas

Healthcare Quality

Bahamas

Internet Speed

Bahamas

79

Human Freedom

Bahamas

41

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