Immigrant Investor Program Residencies Plan of Bahamas (North America)
Immigrant Investor Program
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.
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.
No nationality is officially restricted
Dual citizenship is not recognized in Bahamas. To become a citizen of Bahamas, you must renounce your previous nationality.
- 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
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
- Area Code:1242
- Continent:North America
- Native Languages:English
With your new passport from Bahamas you'll be able to access 141 countries visa freecitizenship 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
|government fees main applicant||B$10|
|processing fees main applicant||B$100|
|total fees main applicant||B$10|
|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||-|
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
|Net worth tax||No|
|Tax residency days||-|
|Personal income tax rate||0%|
|Capital Gains tax rate||0%|
|Investment income tax rate||0%|
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