The Bahamas is an independent Caribbean Island nation with its own government.
It was a British crown colony until the 1970s when it gained independence.
The Bahamas is one of the wealthiest countries in the Caribbean, and it is home to a large number of Western HNWI even because government allows foreign investors to apply for residency in exchange for investment in The Bahamas.
The Bahamas Residency by Investment (Bahamas Golden Visa) Program grants permanent residency to approved applicants and their families. Foreigners may apply for citizenship after ten years of residence, but dual citizenship is not recognized in The Bahamas, so applicants must forego their previous citizenship.
The Bahamas has one of the most friendly tax systems in the world.
Personal income and most types of corporate income are not taxed in the country.
The Bahamas passport is the best in the Caribbean, allowing visa-free travel to the Schengen region of Europe and visa-free travel to the United States.
The Bahamas Investor Visa Applicants are offered the following investment options:
• buy a real estate property of at least 500,000 USD, properties above 1,500,000 USD will get speedy consideration;
• invest at least 500,000 USD in a business, not in an area reserved for 100% Bahamian participation. Specific forms of businesses are eligible for benefits. You’ll need to include NIB sales, infrastructure, and possible entrepreneurial spin-offs as potential benefits to the national economy. You must also state the number of Bahamians working in the first year of the project’s construction and operation.
Approved applicants will need to hold the investment for the rest of their stay in the Bahamas.
