MORE ABOUT Bahamas

Bahamas's Economic Residency

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

Discover Economic Residency in The Bahamas

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.

Bahamas
Mobility Asset Index Score
68.10%
Mobility Asset Type
Economic Residency
Official Name
Permanent Residency by Investment Program
Launched in:
2021
Online Submission:
Yes
Residency Privileges
(in years)
Lifetime
Adjudication Time
(in months)
5
Minimum Stay Requirement
(in days)
90
In-Country Presence Requirement
(in months)
6

Overview

A Snapshot of Economic Residency in The Bahamas

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

How to Apply for Economic Residency in The Bahamas

Submit application to the Bahamas Immigration Department

Overview

Discover How GlobalPassport Simplifies the Application Process for Bahamas's Economic Residency

Step-by-Step Guidance

Our experienced team will guide you through each stage of the application process, offering personalized assistance tailored to your needs.

Document Preparation

We'll help you gather and organize the documents you need for applying.

Application Submission

Once your documents are ready, we'll let you know where and how to submit your application to the relevant authorities.

Questions?

FAQ's

Find answers to common questions about GlobalPassport™ and our services.

How long does it take to process an Economic Residency application?

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Can I include my family members in my Economic Residency application?

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What are the investment options under the Economic Residency Program?

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Do I need to live in The Bahamas full-time to maintain my Economic Residency?

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Can Economic Residents apply for Bahamian citizenship?

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DOCUMENTS

Documents Needed for Bahamas - Economic Residency

Important Notes
• All documents must be original or certified copies
• Non-English documents require certified translations
• Documents must be apostilled where applicable
Personal Identification Documents
Core identity documents required from the applicantis is some text inside of a div block.

Passport+Biometrics

Vital Records Documents
Birth, marriage, and death certificates from applicant and ancestors

Marriage certificate and birth certificates of dependents (if applicable)

Proof of Residence Documents
Evidence of current residence status

Proof of current address (utility bill, lease agreement, etc.) may be required

Criminal Clearance Documents
Background check documentation

Police clearance certificate from the country of origin or residence for the past 5 years.

Financial Documents
Proof of payment and financial requirements

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

Costs Associated with Bahamas - Economic Residency

Pre-Application Costs
Essential document preparation and verification costs

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

Government Application Fees
Official fees charged by government authorities

Initial application submission fee; Processing and handling charges; Administrative review fees

$10,000

Fingerprint collection fee; Digital photograph requirements; Biometric data processing

Required medical examinations; Vaccination verification; Health certificate processing

Post-Submission Costs
Costs after submitting your application

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

Professional Services
Optional external support services

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

Post-Acceptance Costs
Costs after approval

Residency card processing; Passport issuance fees; Registration certificates

Oath ceremony fees; Registration charges; Local authority fees

Renewal fees; Status maintenance costs; Annual reporting fees

Discover More About Bahamas

Learn about living costs, culture, healthcare, and other essential information about relocating to Ireland. Explore all available immigration pathways and find the best option for you.

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