Frequently Asked Questions
Select one of the frequently asked questions below to learn more about buying, selling, and renting real estate. Also, begin to think about important things to consider when diving into your real estate search.
Is The Bahamas an independent country?
Yes, The Bahamas has been an independent nation since 1973, although it maintains close ties with the United Kingdom and with the United States which staffs a large Embassy in downtown Nassau.
Can a foreigner purchase a home or property in The Bahamas?
The Bahamas enjoys an active second home market facilitated by official policy that welcomes foreign nationals who wish to buy property of five acres or less for personal residential use in which case Government approval is not required. However, the acquisition must be registered in accordance with the International Persons Landholding Act. For those wishing to buy additional or larger properties or to invest commercially, a separate stream of requirements must be met.
What does it take for me to obtain residency in The Bahamas?
Second Home Owners are eligible for a Home Owners Residence Card, renewable annually. This card will facilitate entry into The Bahamas and entitle the owner, their spouse and minor children to enter and remain in The Bahamas for the duration of the validity of the card. Applications may be made to the Director of Immigration. Accelerated consideration of applications for annual or permanent residence will be given to major international investors and fit and proper owners of residences valued at $500,000 or more.