Residency by Investment in Bahamas
People who want to relocate to the Bahamas can apply for ordinary residence permits or can choose the residency by investment scheme enabled by the Government. If you want to apply for a passport by investment in the Bahamas, our specialists are at your disposal with complete support in enrolling in this program. We are also at your service if you are interested in exploring other citizenship by investment countries.
The new program for residency by investment in the Bahamas
In 2021, the Bahamas Government enabled a new golden visa program under which foreign citizens can apply for Bahamas residency by investment. The scheme has 3 options investors can choose from. In order to obtain a golden visa in the Bahamas, you need to meet a few requirements, among which the most important refers to the minimum amount to be invested. If you want a golden passport for the Bahamas, you can contact our lawyers who will offer legal assistance.
Universal investment visa passport scheme – one of the most appealing ways of moving to the Bahamas in 2024
Out of all golden visa/golden passport schemes around the world, the one created by the Bahamas Government is one of the newest and most modern, and it addresses people from all over the world who are more than 18 years old and have a clean criminal record. Obtaining a passport by investment here is also conditioned by a minimum capital injection of money in the local economy.
The options one can choose from are:
- Real estate acquisition on the San Salvador Island, Cockburn Town is the seat of the local government
- Investment in key-focus industries, among which tourism, IT, maritime construction, and the medical sector
- A combination of the two options.
If you are a foreign investor interested in applying for a golden visa in the Bahamas, you can invest in a local business while owning a property on the island.Our local agents can help you buy a golden passport here or in another country of your choosing. For obtaining a 2024 Bahamas golden passport you should follow a legal procedure that can be explained by our lawyers.
The minimum amount to be invested under the golden visa
Because the program is new, the government did not forward a minimum investment at the beginning, however, according to data on the websites of the State Migration Service and of the Investment Agency, the following amounts were issued:
- At least 750,000 Bahamas dollars (or USD) according to the State Migration Service
- At least 1.5 million Bahamas dollars (or USD) according to the Investment Agency
- In practice, real estate purchases with a value of at least 500,000 Bahamas dollars (or USD) brought applicants golden visas for the Bahamas.
What is sure is that starting with a minimum of 500,000 Bahamas dollars, an expedited residence permit can be obtained.
As things are starting to settle, you can rely on our local advisors for more information on how to apply for Bahamas citizenship by investment.
You can also rely on us if you are interested in other golden visa countries in Europe or the Caribbean region. We can help you buy a passport in the Bahamas in 2024 if you observe the local rules.
Documents to prepare for obtaining a passport by investment in the Bahamas
The documents to file with the State Migration Service for obtaining a golden visa in the Bahamas are:
- a copy of the passport
- two character references
- clean criminal record
- marriage certificate and birth certificates of children when moving here with the family
- proof of financial worthiness
- healthcare certificate.
If you want to move here and need guidance in preparing and filing your documents, our golden visa consultants can guide you.
CITIZENSHIP AND RESIDENCY PROGRAMMES
A selection of alternative residency and citizenship investment programmes to consider.