Bahamas

Golden Visa Program

The Residency Certificate for Persons of Independent Means is valid for 25 years and renewable thereafter, and entitles the holder (and any qualifying dependents) to reside in the Bahamas without the right to work.

Capital City

Nassau

Visa free countries

156

JIC Benefits solutions Version G 93

Languages

English

Currency

Bahamian Dollar

Population

407.906

Time Zone

UTC -5:00

Investment options

Real Estate or business $750.000

Mapas FUPA_bahamas-nuevo-19

No Minimum Stay Requirements.

No physical presence to
keep residency permit

Short processing time.

3 months to obtain
residence permit

Attractive tax regime.

No personal income tax,
capital gains tax, inheritance
or gift tax, wealth or
dividends tax.

340 days

of sunshine
per year

Application Process

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Engage Global RCG

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Prepare your documents

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Submit the application

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Receive your residency

Bahamas Golden Visa
Application Process

Key Benefits

Top Requirements

Step 1
Step 1
Consult with GRCG to determine best course of action.
Step 1
Step 2
Step 2
Complete your investment
Step 2
Step 3
Step 3
Documents preparation
Step 3
Step 4
Step 4
Application submission
Step 4
Step 5
Step 5
Application approval
Step 5
Step 6
Step 6
Residency certificate collection
Step 6

Download Our Factsheet

Do you need more information about the Malta Golden visa program? Download the complete factsheet below:

Required & Non-Required Visa Countries

Taxation

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FAQ's

Typically applications are processed in 3-6 months.

Yes. Your Spouse and dependent Children up to the age of 18

No

Permanent Residency Visas are renewable every 10 years, which you must show you still maintain your investment at time of renewal.

  • Stamp duty – 10%  (above $100,000 shared between buyer and seller)
  • Annual Property Tax– 1% (above $500k upto $5m) and 0.6% (between $250k to $500k)
  • VAT – 12% on real estate services (First-time Bahamian buyers may be exempted from VAT on a dwelling house or vacant land purchased for a dwelling house, up to the value of $500,000 )

An international investor seeking to do business in The Bahamas should submit to the Bahamas Investment Authority a Project Proposal, along with supporting documents.

The National Economic Council, headed by The Prime Minister, is responsible for the executive management of the National Investment Policy and is the decision making body in respect of all commercial projects undertaken by foreign direct investors.

  • verseas Investors may acquire residential properties in The Bahamas of up to two acres without prior Government approval. Such acquisitions are required to be registered in accordance with the International Persons Landholding Act.   Second Home Owners are eligible for a Home Owners Residence Card, renewable annually.  Please N.B.  This card will:

    • Facilitate entry into The Bahamas and entitle the owner, his spouse and minor children to enter and remain in The Bahamas for the duration of the validity of the card.
    • Application may be made to the Director of Immigration.

Accelerated consideration of application for Permanent Residence will be given to:

  1. Major International Investors; and
  2. Fit and proper owners of residence valued at $750,000.00 or more.
  • A politically stable environment conducive to private investment
  • An atmosphere where investments are safe and the expropriation of investments capital is not a considered option;
  • A legal environment based on a long tradition of Parliamentary Democracy, the rule of constitutional and statue laws and where security of life and personal property is guaranteed;
  • A stable macroeconomic environment bolstered by a prudent fiscal policy, a stable exchange rate, flexible exchange control rules and free trade;
  • An environment in which freedom from Capital Gains, Inheritance, Withholding, Profit Remittance, Corporate, Royalties, Sales,l Personal Income, Dividends, Payroll and Interest Taxes are ensured;
  • Essential public service, an adequately equipped police constabulary, modern health and education facilities and other social services;
  • Dependable Public Utilities; and
  • Essential Public Infrastructure such as roads, ports and airports.
  1. Wholesale and Retail Operations;
  2. Commission Agencies engaged in the import / export trade;
  3. Real Estate and Domestic Property Management Agencies;
  4. Domestic newspapers and magazine publications;
  5. Domestic advertising and public relations firms;
  6. Security Services;
  7. Domestic distribution of building supplies;
  8. Construction companies, except for special structures for which international expertise is required;
  9. Personal cosmetic / beauty establishment;
  10. Shallow-water scale – fish, crustacea; mollusks and sponge-fishing operations;
  11. Auto and Appliance service operations;
  12. Public Transportation inclusive of locally solicited charter boat tours;
  13. Landscaping;
  • A politically stable environment conducive to private investment
  • An atmosphere where investments are safe and the expropriation of investments capital is not a considered option;
  • A legal environment based on a long tradition of Parliamentary Democracy, the rule of constitutional and statue laws and where security of life and personal property is guaranteed;
  • A stable macroeconomic environment bolstered by a prudent fiscal policy, a stable exchange rate, flexible exchange control rules and free trade;
  • An environment in which freedom from Capital Gains, Inheritance, Withholding, Profit Remittance, Corporate, Royalties, Sales,l Personal Income, Dividends, Payroll and Interest Taxes are ensured;
  • Essential public service, an adequately equipped police constabulary, modern health and education facilities and other social services;
  • Dependable Public Utilities; and
  • Essential Public Infrastructure such as roads, ports and airports.

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