Immigrant Investor Program Residencies Plan of Bahamas (North America)

Immigrate to Bahamas and apply for Immigrant Investor Program,Residencies Plan of Bahamas (North America),citizenship by investment,residency by investment,start-up/self-employed/education/work permit visa

Immigrant Investor Program

Under the Immigration Act of The Bahamas, a foreign investor may be eligible for a permanent residence permit on the basis of a residential property purchase of at least B$500,000 (US$500,000). The spouse and children of the investor may be included in the application at no additional cost.

The permanent residence permit grants the investor and their dependents the right to live and work in the Bahamas indefinitely.

Applicants must show a proof of assets and sufficient means to support themselves and their families without the need to work in Bahamas.

After 10 years of permanent residency, 7 if married with a Bahamian citizen, you will be eligible to become a citizen, provided that the permanent resident has resided in The Bahamas for a minimum of 6 years.

Requirements


Investors must have a high net worth and sufficient means to support themselves and his or her direct dependents without the necessity of working in the country.

Restricted Nationalities


No nationality is officially restricted

dual citizenship


Dual citizenship is not recognized in Bahamas. To become a citizen of Bahamas, you must renounce your previous nationality.


Documents Required


  • Certified copy of passport
  • Original Police Clearance Certificate
  • Two Personal References
  • Original or Certified copy of Marriage Certificate (if applicable)
  • Original or Certified copy of Birth Certificate (if applicable)
  • Proof of net wealth
  • Medical Certificate
  • dual citizenship No
  • Family members included Yes
  • land ownership Yes
  • Physical residence required No
  • Personal visit required No
  • Language skills required No
  • Interview required No
  • Investment Single B$500,000
  • Investment Family 4 B$500,000
  • Minimum annual income -
  • Time to citizenship 120
  • Time to permanent residency
  • Visa-free countries 141
  • Financing available No

Bahamas

The Commonwealth of the Bahamas consists of more than seven hundred islands, cays and islets in the Caribbean Sea and Atlantic Ocean, located to the north of Cuba and Dominican Republic, northwest of the Turks and Caicos Islands, to the southeast of the state of Florida and east of the Florida Keys. Geographically the Bahamas form, along with the Turks and Caicos Islands, the Lucayan Archipelago, also denominated by extension as the Bahamas.It has a population of almost 400,000 inhabitants. Its capital and most populated city is Nassau, located on the island of New Providence. Its official language is English, although Bahamian Creole is widely spoken. Its official currency is the Bahamian Dollar, pegged to the US Dollar at an exchange rate of 1:1.

  • National Flag of:Bahamas
  • Currency:BSD
  • Area Code:1242
  • Capital:Nassau
  • Continent:North America
  • Native Languages:English
  • Population:301,790

BENIFITS

With your new passport from Bahamas you'll be able to access 141 countries visa free

citizenship benefits Become a citizen of a Commonwealth country Visa-free or Visa on arrival to 141 countries including United States China Schengen Area Visa-free access to the United States Visa-free access to China The right to live and work in Bahamas at all times Access to educational and healthcare benefits Passport with optimal reputation permanent residency benefits Peaceful democratic and politically stable country Low tax jurisdiction High quality of life Well-connected airport Access to healthcare and education system The right to live and work in Bahamas without any time limit Territorial tax system Warm climate Fast and easy process Be eventually eligible for citizenship Potentially profitable investment No personal direct taxes Low crime rate country Able to buy landed properties English speaking country

FEES

ITEM AMOUNT
government fees main applicant B$10
000
processing fees main applicant B$100
total fees main applicant B$10
100
processing fees spouse B$100
total fees spouse B$100
processing fees dependents -18 B$100
total fees dependent -18 B$100
processing fees dependents 18-25 B$100
total fees dependent 18-25 B$100
processing fees dependents +65 -
total fees dependent +65 -

TAXES

The Bahamas is a true tax haven. There are no direct taxes such as personal income tax, corporate income tax or net worth tax.

The Bahamas levy a real property tax up to 2% for land and building owners, although several exemptions may apply.

There is also a stamp duty on the transfer of certain assets and financial instruments.

In addition, in the Bahamas it is possible to incorporate an International Business Company, where besides being tax exempt, benefits from privacy, confidentiality and low accounting requirements.

To learn more about the Bahamas corporation legal framework and taxation, visit incorporations.io/bahamas

TAX ITEM DESCRIPTION
Property tax Yes
Transfer tax Yes
Inheritance tax No
Net worth tax No
CFC law No
Tax residency days -
Personal income tax rate 0%
Capital Gains tax rate 0%
Investment income tax rate 0%
Territorial taxation Yes

Bahamas immigration, Bahamas start-up investment visa, Bahamas investment immigration, Bahamas self-employed immigration, Bahamas entrepreneurs visa, Bahamas golden visa, Bahamas real estate immigration, Bahamas bank deposit immigration, Bahamas active business investment, Bahamas bonds immigration, Bahamas entrepreneurship immigration, Bahamas pension immigration, Bahamas proof of income immigration, Bahamas Passive Income immigration, Bahamas Private equity immigration, Bahamas Venture capital immigration, Bahamas second citizenship, Bahamas visa, Bahamas citizenship, Bahamas RESIDENCY, Bahamas education, Bahamas Citizenship by investment, Bahamas Residency by investment, Bahamas Immigration by investment, Bahamas Rural and Northern Immigration Pilot,