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bs_imv

Annual Residence Permit

Bahamas · Caribbean

Source: Mobility Asset DatabaseLifecycle: UnknownResidency-to-PassportIndependent Means Visas

Program facts from the CitizensOS Mobility Asset Database. Unknown facts are shown as Unknown, never as zero.

Publication state
Mobility Asset Database
Lifecycle status
Unknown
Facts checked through
Sep 21, 2026
Source snapshots
Database edition

Identity and current status

The route identity and current status.

Present
Year establishedPublished
2020
Governing lawPublished
Immigration Act
Responsible authorityPublished
Department of Immigration

What the program provides

What the program gives the holder.

Present
What the program providesPublished
Finance your island paradise with independent means in the Bahamas' crystal-clear waters

Best suited for

Who the program tends to suit. Research only, never a personal recommendation.

Absent

No governed customer claim is present for this section.

Eligibility

Personal qualifications an applicant must establish.

Present
Minimum agePublished
18 years
Clean criminal record requiredPublished
Yes
Local health insurance requiredPublished
Yes
Nationality restrictionsPublished
No
Basic eligibilityPublished
Proof of regular passive income ($30,000+/year)
Generational limitPublished
Not applicable

Household inclusion

How spouses and children are treated.

Present
Family sponsorshipPublished
Yes
Spouse includedPublished
Yes
Children includedPublished
Yes
Child age limitPublished
18 years

Documents

Evidence categories and filing documents.

Absent

No governed customer claim is present for this section.

Process and timeline

How you apply and how long it takes.

Present
Processing timePublished
17.4 weeks
Can apply without travelingPublished
Yes
How you applyPublished
Paper application: notarized form and letter to the Director of Immigration; US$200 processing fee, US$1,000 annual fee
What the processing time measuresPublished
Founder figure (22 Sep 2026): 4 months
Official application routePublished
https://www.immigration.gov.bs/wp-content/uploads/2022/09/permit-to-reside-complete-set.pdf

Costs and investment

Fees, income and savings thresholds, and investment amounts.

Present
Minimum investmentPublished
None required
Minimum passive investment (July 2026)Published
None required
Minimum active investment (July 2026)Published
None required
Processing feePublished
$1,000
Application feePublished
$1,000
Total cost to applyPublished
$2,000
Monthly income requiredPublished
None required
Monthly pension income requiredPublished
$2,500/month
Monthly rental income requiredPublished
None required
Savings requiredUnknown
Unknown
Proof of sufficient fundsPublished
Yes
Local bank deposit requiredPublished
Yes
Minimum local bank depositPublished
None required
Fees paidPublished
Before approval

Presence and maintenance

Stay, renewal, and how long the status lasts.

Present
Stay required to keep statusPublished
None
Minimum days per year in country (July 2026 figure)Published
90 days/year
Physical presence requiredPublished
Yes
In-country visit requiredPublished
Yes
Move-in windowPublished
0 months
Length of residencyPublished
12 months
Residency is lifetimePublished
No
RenewablePublished
Yes
Maximum durationUnknown
Unknown
Maximum duration is lifetimePublished
Yes
Stay rule (Sept 2026)Published
No mandatory minimum stay (reported by an advisory firm)
Tax residency rulePublished
Foreign individuals become tax residents if they spend at least 90 days per year in the Bahamas and less than 184 days in any other country
Personal income taxPublished
The Bahamas does not impose personal income tax.

Rights and onward pathways

Work, healthcare and other rights, and the path to permanent residence and citizenship.

Present
Time to permanent residencyPublished
Immediate
Time to citizenshipPublished
10 years
Work for a local employerPublished
No
Start a businessPublished
Yes
Remote or freelance workPublished
Yes
Local healthcare accessPublished
Yes
University accessPublished
No
Can buy landPublished
Yes
Local bankingPublished
Yes
Permanent residence timeline basisPublished
Years stated
Citizenship timeline basisPublished
Years stated

Risks, limitations, and uncertainty

Notes on changes, conflicts, and limits.

Present
Plan B note (Sept 2026)Published
1-year permit, renewed annually; no work allowed

Sources, freshness, and conflict disclosure

Where the CitizensOS Mobility Asset Database took these facts from.

Present
Official program websitePublished
https://www.immigration.gov.bs/applying-to-stay/permit-to-reside/
Plan B sources (Sept 2026)Published
https://www.immigration.gov.bs/?p=3787 | https://armenian-lawyer.com/business-immigration/the-bahamas-annual-residence-permit-a-flexible-option-for-part-time-paradise-living/ | https://practiceguides.chambers.com/practice-guides/corporate-immigration-2025/bahamas

Every fact on this page comes from the CitizensOS Mobility Asset Database (Sep 21, 2026 edition). A blank is shown as Unknown.

This anonymous dossier is read-only research. It does not establish personal fit, eligibility, legal or tax advice, filing, approval, residence, citizenship, or a held Right.