The Independent Means Visa (Permit to Reside) in the Bahamas offers residency to qualified individuals who can demonstrate sufficient financial resources to support themselves without the need for employment in the country.
MOBILITY ASSSET SNAPSHOT
The Independent Means Visa (Permit to Reside) program in the Bahamas provides a pathway to residency for financially self-sufficient individuals. This program is designed to attract retirees, investors, and other individuals looking to establish residency in a Caribbean paradise known for its stunning beaches, tax-friendly environment, and high standard of living.
Overview
A pathway to residency for qualified individuals with substantial financial means in the Bahamas
Eligibility Requirements
Sufficient financial resources to support yourself without employment in the Bahamas
Anchor Ancestor restrictions
Months to citizenship
Length of Visa
Typically 1-3 years, renewable for up to 5 years
Months to Visa
3-4 months
Physical Presence Requirement
No specific requirement, but regular visits are expected
Availability
Easy
Family Allowance
Spouse and children
Overview
Submit application to the Department of Immigration in the Bahamas, typically through a local attorney.
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 Independent Means Visa application?
The processing time is typically 3-4 months from the point of submission
Can I include my family members in my Independent Means Visa application?
Yes, you can include your spouse and dependent children in your application
What types of financial means qualify for the Independent Means Visa?
Financial statements showing sufficient funds, investment portfolios, and proof of regular income from sources outside the Bahamas are typically accepted
How often do I need to renew my residency permit?
The initial permit is typically issued for 1-3 years and can be renewed for up to 5 years
Can Independent Means Visa holders apply for Bahamian citizenship?
Yes, visa holders can apply for Bahamian citizenship after 10 years of legal residency, subject to meeting other requirements
DOCUMENTS
Passport
Marriage certificate and birth certificates of dependents (if applicable)
Proof of property ownership in the Bahamas
A clean criminal record is required, confirmed through police clearance certificates from the applicant's country of origin and any country of residence in the past 5 years
Applicants must provide documentation proving they have sufficient financial means to support themselves in the Bahamas
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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