Economic Residency in The Bahamas (also known as Economic Permanent Residence or Residency by Investment) offers permanent residency to qualified investors who make substantial economic contributions to The Bahamas through property purchases or business investments.
Statistics
Economic residency in The Bahamas provides a pathway to permanent residency for financially independent individuals who own residential property or make investments in The Bahamas. This program is designed to attract foreign direct investment and promote second home ownership in the country.
Minimum Income Amount
$750,000 (accelerated consideration for $1.5 million+)
Visa-Free Travel Countries
153
Months to Visa
2-3 months
Overview
A fast-track to permanent residency for qualified investors in The Bahamas
Eligibility Requirements
Own residential property or make qualifying investments
Anchor Ancestor restrictions
Months to citizenship
Length of Visa
Permanent Residency for life
Months to Visa
2-3 months
Physical Presence Requirement
90 days per year
Availability
Easy
Family Allowance
Spouse and children
Overview
Economic Residency in The Bahamas offers numerous advantages for investors looking to establish their presence in this Caribbean paradise.
Submit application to the Bahamas Immigration Department
Overview
To qualify for Economic Permanent Residence, applicants must meet specific criteria demonstrating their financial independence and investment capacity.
Overview
Completed application form with $10 Bahamian postage stamp
Recent passport-sized photographs
Copy of passport biodata page
Letter of request addressed to the Director of Immigration
Medical certificate (dated within 30 days of application submission)
Police certificate (issued within 6 months, covering 5 years of residence)
Proof of property ownership or investment
Evidence of financial resources
Character references
$200 non-refundable processing fee
Our experienced team will guide you through each stage of the application process, offering personalized assistance tailored to your needs.
We'll help you gather and organize the documents you need for applying.
Once your documents are ready, we'll let you know where and how to submit your application to the relevant authorities.
How long does it take to process an Economic Residency application?
The processing time is typically around 3 months, but can be as quick as 3 weeks with the expedited process.
Can I include my family members in my Economic Residency application?
Yes, your spouse and dependent children under 18 can be endorsed on your permanent residence certificate.
What are the investment options under the Economic Residency Program?
You can invest in residential property, make an economic investment in the Bahamas' economy, or a combination of both.
Do I need to live in The Bahamas full-time to maintain my Economic Residency?
No, but you must reside in The Bahamas for a minimum of 90 days per year to maintain your residency status.
Can Economic Residents apply for Bahamian citizenship?
Yes, Economic Residents can apply for Bahamian citizenship through naturalization after maintaining permanent residency for 10 years.
The Bahamas offers a stunning tropical location, world-class infrastructure, and a tax-friendly environment for investors and second home owners.
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