Under the Immigration Act of The Bahamas, a foreign investor may be eligible for a permanent residence permit on the basis of a residential property purchase of at least B$500,000 (US$500,000). The spouse and children of the investor may be included in the application at no additional cost.
The permanent residence permit grants the investor and their dependents the right to live and work in the Bahamas indefinitely.
Applicants must show a proof of assets and sufficient means to support themselves and their families without the need to work in Bahamas.
After 10 years of permanent residency, 7 if married with a Bahamian citizen, you will be eligible to become a citizen, provided that the permanent resident has resided in The Bahamas for a minimum of 6 years.
Investors must have a high net worth and sufficient means to support themselves and his or her direct dependents without the necessity of working in the country.