MORE ABOUT Bahamas

Bahamas's Independent Means Visas

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

Discover the Independent Means Visa in the Bahamas

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.

Bahamas
Mobility Asset Index Score
66.10%
Mobility Asset Type
Independent Means Visas
Official Name
Annual Residence Permit
Launched in:
2020
Online Submission:
No
Residency Privileges
(in years)
12
Adjudication Time
(in months)
3
Minimum Stay Requirement
(in days)
90
In-Country Presence Requirement
(in months)
None

Overview

A Snapshot of Independent Means Visa in the Bahamas

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

How to Apply for the Independent Means Visa in the Bahamas

Submit application to the Department of Immigration in the Bahamas, typically through a local attorney.

Overview

Discover How GlobalPassport Simplifies the Application Process for Bahamas's Independent Means Visas

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 Independent Means Visa application?

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Can I include my family members in my Independent Means Visa application?

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What types of financial means qualify for the Independent Means Visa?

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How often do I need to renew my residency permit?

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Can Independent Means Visa holders apply for Bahamian citizenship?

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DOCUMENTS

Documents Needed for Bahamas - Independent Means Visas

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

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 property ownership in the Bahamas

Criminal Clearance Documents
Background check documentation

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

Financial Documents
Proof of payment and financial requirements

Applicants must provide documentation proving they have sufficient financial means to support themselves in the Bahamas

DOCUMENTS

Costs Associated with Bahamas - Independent Means Visas

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

$1,000

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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