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.
MOBILITY ASSSET SNAPSHOT
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.
Overview
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
Submit application to the Bahamas Immigration Department
Overview
Our experienced team will guide you through each stage of the application process, offering personalized assistance tailored to your needs.
We'll help you gather and organize the documents you need for applying.
Once your documents are ready, we'll let you know where and how to submit your application to the relevant authorities.
Questions?
Find answers to common questions about GlobalPassport™ and our services.
How long does it take to process an Economic Residency application?
The processing time is typically around 3 months, but can be as quick as 3 weeks with the expedited process.
Can I include my family members in my Economic Residency application?
Yes, your spouse and dependent children under 18 can be endorsed on your permanent residence certificate.
What are the investment options under the Economic Residency Program?
You can invest in residential property, make an economic investment in the Bahamas' economy, or a combination of both.
Do I need to live in The Bahamas full-time to maintain my Economic Residency?
No, but you must reside in The Bahamas for a minimum of 90 days per year to maintain your residency status.
Can Economic Residents apply for Bahamian citizenship?
Yes, Economic Residents can apply for Bahamian citizenship through naturalization after maintaining permanent residency for 10 years.
DOCUMENTS
Passport+Biometrics
Marriage certificate and birth certificates of dependents (if applicable)
Proof of current address (utility bill, lease agreement, etc.) may be required
Police clearance certificate from the country of origin or residence for the past 5 years.
Proof of Investment: Bank statements or other documents verifying the investment+Property purchase agreement or business investment documents+Proof of Funds: Documentation demonstrating the source of the investment funds (e.g., tax returns, bank statements).
DOCUMENTS
Birth certificates from government archives; Marriage certificates for family dependencies; Police clearance records from current and past residences
Certified translations into official language(s); Apostille certification; Government-issued document legalization
Diploma and transcript verification; Professional certification authentication; Credential evaluation services
Initial application submission fee; Processing and handling charges; Administrative review fees
Fingerprint collection fee; Digital photograph requirements; Biometric data processing
Required medical examinations; Vaccination verification; Health certificate processing
Document verification fees; Background check processing; Application status updates
Consulate visit expenses; Interview travel costs; Temporary accommodation (if required)
Language proficiency testing; Skills assessment fees; Additional document requests
Immigration lawyer consultation; Document review services; Legal representation fees
Tax planning consultation; Asset transfer advisory; Investment planning services
Relocation services; Property search assistance; Settlement support services
Residency card processing; Passport issuance fees; Registration certificates
Oath ceremony fees; Registration charges; Local authority fees
Renewal fees; Status maintenance costs; Annual reporting fees
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