As the phrase goes “It is Better in The Bahamas”, there are many with the desire to immigrate to our shores. Obtaining Bahamian residency, work permit or visa is a fluid process; however, the individual must meet the minimum legal and regulatory requirements. The amalgamation of Financial Services and Immigration is seen as an inevitable marriage as they work in tandem to propel and cement the Government’s initiatives to increase and encourage foreign investments to our shores.
The Bahamas encourages entrepreneurship and has the provisions for foreigners to make economic investments into the country. Our work permit program is also built to attract investments and the updated policy will come into effect soon.
For Additional Information, Consider Visiting: http://www.bahamas.gov.bs/immigration
Trusted Traveller Programme (TTP)
The new Trusted Traveller Programme (TTP) allows persons to visit The Bahamas for a period under fourteen (14) days without requiring a Work Permit, provided they are not engaging in any gainful employment.
The Trusted Traveller Programme covers persons visiting for the purposes of attending business meetings, conducting research and other studies, etc, and hold a position in senior management in companies or organizations operating in The Bahamas or its affiliates (including, but not limited to: Chairman, Director, Chief Executive Officer (CEO), Chief Financial Officer (CFO), Chief Executive Officer (COO), consultants, legal counsel, compliance officers, accountant, auditor, controller, actuary, medical professionals, managerial titles, analysts, etc).
The Trusted Traveller Programme also includes persons visiting for the purposes of showcasing at events, trade shows, conferences, seminars, summits, etc. This does not include persons visiting as the organizers of such events for profit. Those persons will require a Work Permit.
All persons not covered in the above categories are required to pay a Work Permit fee unless otherwise determined by the Minister responsible for Immigration.
Effective implementation date: 27 February, 2018