Residency
Bahamas — Residency: Retirement Visa
The Bahamas offers a Qualified Person of Independent Means (QPIM) visa for retirees, with a non-refundable processing fee of BS$200.00 (equivalent to approximately $200 USD) and a minimum requirement of a net worth or income of $100,000 annually.
Key facts
- Retirees must demonstrate a minimum income or net worth of $100,000 annually to qualify for the QPIM visa.
- The non-refundable application fee for the QPIM visa is BS$200.00 (approximately $200 USD).
Steps
- Gather required documents — Applicants will need to provide proof of income or net worth, but the specific documents required are unknown.
- Apply for the QPIM visa — The application process and timeline are uncertain, and it is unclear how long it will take to receive a decision.
Costs
- QPIM visa application fee: BS$200.00 (approximately $200 USD)
Timelines
- Application processing time: unknown
Required documents
- Proof of income or net worth
- Passport
- Police certificate (if required)
Common mistakes
- Applying for the wrong type of visa or not meeting the minimum income or net worth requirements.