Our residency laws are open to anyone who can support themselves without working. We offer annual residency and permanent residency. For permanent residency, you will need to purchase and maintain a residence in The Bahamas at a value of $500,000 or higher.

What are the requirements to live in The Bahamas?

To qualify, applicants must fit in one of several categories, including “financially independent individuals or investors who are legitimate owners of a residence in The Bahamas.” Foreign nationals investing at least $750,000 in real estate in The Bahamas qualify to apply for Permanent Residency in The Bahamas.

How do I permanently move to The Bahamas?

There are a few options for you to apply for permanent residence, the most obvious one being marriage to a Bahamian citizen. Other ways of qualifying for permanent residence are: purchasing a residence in the Bahamas. legally working or living in the Bahamas for more than 20 consecutive years.

Can anyone move to The Bahamas?

The Bahamian government is very open to international visitors and people who are looking to settle down on some of the islands. … To become a permanent resident, you have to purchase a property on an island and apply for the home owner’s card, or legally work and live in the country for more than 20 consecutive years.

Can a US citizen live full time in The Bahamas?

The capital city is Nassau, on the New Providence Island, and most of some 400,000 Bahamians live there. … US citizens can freely enter the country via ports or one of 24 airports, but staying there is subject to the permission of Bahamian authorities.

Is it expensive to live in Bahamas?

RestaurantsEditBuy Apartment PriceEditPrice per Square Feet to Buy Apartment in City Centre153.06$

How much money do you need to move to Bahamas?

For permanent residency, you will need to purchase and maintain a residence in The Bahamas at a value of $500,000 or higher. Many international homeowners are not permanent residents and they come and go as a visitor would, but do not stay more than three months at a time.

What is the safest island in the Bahamas to live?

Security – Eleuthera is one of the safest islands in the Bahamas. There isn’t a lot of trouble here because most of the inhabitants are peaceful. People who live here also watch out for their neighbors. It is much like a very small town where everyone knows one another.

Is Bahamas safe to live?

Country Summary: The vast majority of crime occurs on New Providence (Nassau) and Grand Bahama (Freeport) islands. In Nassau, exercise caution in the “Over the Hill” area (south of Shirley Street). Violent crime, such as burglaries, armed robberies, and sexual assault occur, but generally not in tourist areas.

How safe is it to live in the Bahamas?

The Bahamas are friendly to newcomers, there’s no foreign language to cope with, crime is relatively low, and the islands are positioned just off the Florida coast. The two big cities are the capital, Nassau, which is located on New Providence Island, and Freeport, which is on Grand Bahama.

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How do I retire in the Bahamas?

Foreigners who want to retire in the Bahamas can apply for permanent residency if they purchase a property for $500,000 or more. In addition, any person who owns a home in the Bahamas can apply for an Annual Homeowner’s Residence Card.

What is the most affordable island to live on?

• Ambergris Caye, Belize. As the largest island in Belize, Ambergris Caye is known for housing the Belize Barrier Reef. …
• Roatan, Honduras. Roatan is just 50 square miles off Honduras’ northern coast. …
• Isla Mujeres, Mexico. …
• Las Terrenas, Dominican Republic. …
• Isla Colón, Panama.

What are the pros and cons of living in the Bahamas?

• Pro: Low Taxes.
• Pro: Beautiful Natural Environment.
• Pro: Good Weather.
• Pro: English is the National Language.
• Con: High Cost of Living.
• Con: Strict Citizenship Requirements.
• Con: The Bahamas is a Small Country.
• Con: Travel Off or Between Islands.

How long can a US citizen stay in The Bahamas?

An American national may stay for a maximum period of eight months without a visa in The Bahamas. Should they wish to extend their stay, application must be made to the Immigration Department for an extension of stay.

Can US citizens buy property in The Bahamas?

Yes, foreigners can buy property in The Bahamas and the Government of The Bahamas welcomes investment from overseas buyers. There are no restrictions on foreign buyers acquiring real estate in The Bahamas and foreign buyers enjoy the same rights as Bahamian citizens, including the right to purchase beachfront land.

Does The Bahamas have free healthcare?

Free Health Care: Basic Bahamian health care is free for expectant mothers, children, civil servants and all people age 60 and over. Full Health Care Benefits: All legal residents of The Bahamas are eligible to receive full health care benefits.

What is the best island to live on in The Bahamas?

1. Paradise Island. Paradise Island is located just off the northern coast of New Providence, the most populous island in The Bahamas. Facing the archipelago’s capital Nassau and connected to it by two bridges, Paradise Island is one of the most popular, easily accessible and family-friendly destinations in the country …

How much money do you need to retire in the Bahamas?

To qualify for a Permanent Residency Permit, individuals must invest a minimum of $750,000 in real estate in the country or at least $1,500,000 for Accelerated Consideration for Permanent Residency which fast tracks the application process.

Are groceries expensive in Bahamas?

They say that food prices are higher in the Bahamas, and it’s true. … While the prices are cheaper than other places, the prices are still higher than stateside prices. Take a look at these two receipts from different grocery stores.

Why is everything so expensive in the Bahamas?

The higher cost of living in the Bahamas are due to the fact that most goods need to be imported, and all of these items are taxed, when they arrive and clear customs. Unlike the US, there is no income tax in the Bahamas.

What should I avoid in the Bahamas?

Wandering Alone at Night in the Bahamas Avoid walking alone after sunset, especially around poorly-lit and deserted locations, such as streets and beaches. Nightclubs and music venues provide a chance to experience local culture, though tourists should stick to heavily populated areas and walk in a group.

What is the safest part of the Bahamas?

• The Berry Islands.
• Cat Island.
• Crooked Island.
• Eleuthera.
• The Exumas.
• Harbour Island.
• Long Island.
• San Salvador.

Can a US citizen move to the Caribbean?

U.S. citizens may invest, work and live in the Dutch Caribbean […] … US citizens do not require to obtain a separate work and residence permit (as it applies to all foreign nationals). Legally spoken, the ‘permit’ may more likely be called a ‘declaration’.

What's the cheapest Caribbean island to buy a house?

• Tulum, Mexico.
• Rodney Bay (St. Lucia)
• Dominical (Costa Rica)
• Playa Bonita (Dominican Republic)
• Caye Caulker (Belize)
• Maracas Bay Village (Trinidad and Tobago)
• Crane Bay (Barbados)

Are mosquitoes bad in Bahamas?

During the rainy season (May-October) stagnant water builds up and is the perfect breeding ground for mosquitos. We experienced the worst mosquitoes in Great Inagua but if anchored next to the shore on any island expect them to visit every night as the sun is setting.

Is the Bahamas or Mexico cheaper?

The Bahamas is considerably more expensive than Mexico, and there are fewer all-inclusive resorts. With more options in Mexico, you will get the most for money there.

Can I get a job in the Bahamas?

Non-Bahamian nationals who are desirous of working and living in The Bahamas for a period greater than 90 days, must first be authorized to do so by way of a valid work permit / visa issued by the Department of Immigration. Persons wishing to work for up to 90 days must apply for a short term work permit / visa.

Which is the safest Caribbean island to live?

What is this? Montserrat is the safest Caribbean island to live and retire. The British territory, also located within the Leeward Islands, is nicknamed the Emerald Isle for its resemblance to coastal Ireland. The northern region of Montserrat is safe, offering black sand beaches, coral reefs, and seaside caves.

What is crime rate in Bahamas?

STATThe BahamasRape rate22.7 Ranked 14th.Violent crime > Gun crime > Guns per 100 residents5.3 Ranked 93th.Intentional homicide rate37 Ranked 8th. 8 times more than United StatesMurder rate94 Ranked 60th.

Is crime bad in the Bahamas?

Is the Bahamas Dangerous? While safety has improved in the Bahamas, there is still some violent crime, mainly in Nassau and the island of Grand Bahama, which includes the city of Freeport. As in many cities, armed robberies, burglaries, sexual assault, and other violent crimes take place, along with purse snatchings.

Where can I move to live a simple life?

• Tucson, Arizona. Read.
• Greenville, South Carolina. Read.
• Montpelier, Vermont. Read.
• Logan, Utah. Read.
• Ames, Iowa. Read.