We will process your data to answer your query. If you accept, you will receive commercial communications about our services. You can exercise your rights of access, rectification, suppression and opposition, among others, according to our Privacy policy.
The enchanting islands of the Bahamas, renowned for their legendary sun-soaked beaches and vibrant sea life, are not just a tourist’s paradise but also a premier destination for investors seeking residency. Through significant investment in the nation’s economic sectors or its thriving real estate market, eligible investors can swiftly secure Bahamian permanent residency followed by citizenship after a 10-year residency. The immigration economical programs in Bahamas are distinguished by its efficient processing and simplified residency prerequisites. At Inimex, we excel in delivering tailored support for your immigration and investment needs, helping both individuals and families to seamlessly integrate into Bahamian society. A Bahamian passport provides substantial benefits, including visa-free access to over 140 countries, inclusive of all Schengen Area nations and the UK, thus enhancing personal and business freedom globally. It also simplifies the processes of opening bank accounts and establishing businesses internationally. Explore the advantages of the Bahamas Residency and Citizenship by investing in the country and leverage our expertise to pave the way for a prosperous future for yourself and your loved ones.
Our services
Services offered in Bahamas
Advantages
Advantages of living in Bahamas
Tax Advantages
The Bahamas does not have income tax, capital gains tax, or inheritance tax. This tax-friendly environment is highly beneficial for wealth preservation and attracts many high-net-worth individuals and retirees.
Strategic Location
Located close to the United States, the Bahamas offers easy access to major American cities, making it convenient for business, travel, and family visits.
Stable Political Climate
The Bahamas is a stable democracy, which provides a secure environment for investment and residency.
Nature
The Bahamas offers a warm tropical climate year-round and is renowned for its stunning beaches, clear blue waters, and vibrant marine life. The natural beauty of the islands makes it a desirable location for those looking to enjoy a relaxed, vacation-like lifestyle.
Real Estate
The real estate market in the Bahamas offers a range of investment opportunities, from luxury beachfront homes to commercial properties. Owning property can also facilitate the process of obtaining residency.
Lifestyle
The social life in the Bahamas can be vibrant, with a mix of local culture and a significant expatriate community. There are numerous festivals, events, and social gatherings, especially centered around Bahamian music, dance, and cuisine.
Permits
Residence permits
01 | Detailed Overview of Residence Permits for Financially Independent Individuals in the Bahamas
The Bahamas offers a Permanent Residency program targeted specifically at financially independent individuals. This initiative is perfect for those who seek to enjoy the lifestyle and financial benefits of living in the Bahamas without participating in the local job market. It appeals primarily to retirees and affluent investors who can sustain themselves without local employment.
Obtaining a residence permit in the Bahamas as a homeowner involves several specific requirements. The process is relatively straightforward, especially designed to encourage foreign investment in real estate. Here’s an overview of the key requirements:
- Real Estate Investment: Purchase a residential property in the Bahamas for a minimum amount of $750,000.
Financial Means: Provide evidence of financial support, attesting that you have sufficient means to sustain yourself while living in the Bahamas. This can typically be in the form of bank statements and income verification. - Health Insurance: Possess comprehensive health insurance that covers all major medical expenses in the Bahamas. This insurance should be valid for the duration of the stay and must include coverage for any dependents included in the residency application.
Below is a list of the documents needed for immigration purposes in the Bahamas:
- A valid passport.
- Birth certificate.
- Marriage certificate, if applicable.
- Evidence of property ownership in the Bahamas (such as a title deed or a signed purchase agreement).
- Police certificate from your country of citizenship and of current country of residence.
- Medical certificate stating that you are in good health.
- Bank certificate and statements demonstrating economic self-sufficiency.
- Documents confirming the occupation and income. Here are some accepted documents: Employment letter, tax returns, business license, financial statements, professional license, certified accountant letter stating annual income, registration of business, etc.
- Additional Documents: Depending on circumstances, additional documentation may include divorce certificate, or legal documents concerning changes in name or civil status.
Navigating the complexities of immigration documentation is no small task. At Inimex, we are dedicated to simplifying this process for you. Our experienced team provides thorough assistance in preparing, translating, and legalizing your required documents, ensuring your immigration journey is smooth and efficient. Rely on Inimex to expertly manage every detail of your documentation needs
In the Bahamas, individuals who invest in real estate are eligible to apply directly for permanent residency, bypassing the need for a long-stay visa, provided they do not require a travel visa. This simplified process facilitates a smoother transition for property investors, allowing them to establish residency in a short period of time. Here’s a quick overview:
Submission of Application: All documents and completed application forms must be submitted to the Bahamian Department of Immigration along with the required processing fees. It’s important to ensure all forms are filled out thoroughly and accompanied by the correct legal verifications and translations.
Review and Assessment: The application undergoes a review process where immigration officials may request additional documents or clarification. An interview and a medical appointment can be scheduled.
Issuance of Residency: Once the application is approved, the applicant receives a certificate of Permanent Residency valid for a period of 5 years. This certificate allows the individual to live indefinitely in the Bahamas, subject to renewal conditions as stipulated by Bahamian immigration laws.
Rights and Privileges: Permanent residents enjoy most of the rights afforded to Bahamian citizens, with the exception of voting rights and political participation. They can travel freely in and out of the Bahamas and benefit from the country’s lack of personal income, capital gains, and inheritance taxes.
Tax Advantages: The tax regime in the Bahamas is one of its most attractive features, offering significant advantages for residents.
Path to Citizenship: Permanent residency is a critical step towards citizenship but does not automatically grant this status. Those seeking citizenship must fulfill additional criteria, including 10 years of legal residency in the country and evidence of integration into the Bahamian community.
Documents