MORE ABOUT Bahamas

Bahamas's Economic Residency

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

Bahamas - Economic Residency

Discover Economic Residency in The Bahamas

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 Snapshot of Economic Residency in The Bahamas

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

Benefits of Economic Residency in The Bahamas

Economic Residency in The Bahamas offers numerous advantages for investors looking to establish their presence in this Caribbean paradise.

  • Fast-track to permanent residency for you and your immediate family
  • No income, capital gains, or inheritance taxes
  • Ability to live and work in The Bahamas
  • Potential pathway to Bahamian citizenship after 10 years of permanent residency

How to Apply for Economic Residency in The Bahamas

Submit application to the Bahamas Immigration Department

Overview

Requirements for The Bahamas' Economic Residency Program

To qualify for Economic Permanent Residence, applicants must meet specific criteria demonstrating their financial independence and investment capacity.

  • Be 18 years or older
  • Own residential property or make qualifying investments of at least $750,000
  • Provide evidence of sufficient financial resources to support lifestyle without working in The Bahamas
  • Reside in The Bahamas for a minimum of 90 days per year
  • Provide character references
  • Have no outstanding real property taxes on the property

Overview

Documents Needed for Bahamas's Economic Residency

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

Discover How GlobalPassport Simplifies the Application Process for Bahamas's Economic Residency

Step-by-Step Guidance

Our experienced team will guide you through each stage of the application process, offering personalized assistance tailored to your needs.

Document Preparation

We'll help you gather and organize the documents you need for applying.

Application Submission

Once your documents are ready, we'll let you know where and how to submit your application to the relevant authorities.

FAQs about Bahamas's Economic Residency

How long does it take to process an Economic Residency application?

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Can I include my family members in my Economic Residency application?

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What are the investment options under the Economic Residency Program?

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Do I need to live in The Bahamas full-time to maintain my Economic Residency?

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Can Economic Residents apply for Bahamian citizenship?

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Why The Bahamas

The Bahamas offers a stunning tropical location, world-class infrastructure, and a tax-friendly environment for investors and second home owners.

Benefits:

  • Political and economic stability
  • Strategic location close to the United States
  • No income, capital gains, or inheritance taxes

Advantages:

  • Beautiful beaches and tropical climate
  • Strong financial services sector
  • High quality of life and safety

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