--- title: "The Bahamas Economic PR · $1M bonds 2026: BSD 1M+ needed" url: https://settleanywhere.com/countries/the-bahamas/economic-pr-zero-coupon-bonds/ lang: en updated: 2026-10-10 --- The Bahamas · Investing # The Bahamas Economic PR · $1M bonds **Investment needed:** BSD 1M+ ≈ $1M Economic Permanent Residence — Zero Coupon Bonds of $1.0 million First checked against official sources on 10 Oct 2026 [Change log](https://settleanywhere.com/changes/) - **Investment needed:** BSD 1M+ ≈ $1M (An investment of at least BSD 1,000,000 (≈ $1,000,000) · Minimum purchase of Zero Coupon Bonds from the Central Bank of The Bahamas; held at least 10 years. A fee of BSD 25,000 (≈ $25,000) · Economic Permanent Residence certificate under section 17A with the right to engage in gainful occupation in own business. A fee of BSD 20,000 (≈ $20,000) · Economic Permanent Residence certificate under section 17A without the right to engage in gainful occupation. A fee of BSD 200 (≈ $200) · Non-refundable application processing fee.) - **Who can apply:** Any passport - **Work:** Yes (Gives the right to reside and/or work; the certificate type decides whether gainful occupation in own business is allowed.) ## Key facts Economic PR · $1M bonds is an investing route for The Bahamas. Applicants need an investment of BSD 1M+ ≈ $1M. You can work locally. Checked 2026-10-10 against the official source. - **Money needed:** BSD 1M+ ≈ $1M - **Government fees:** BSD 25k ≈ $25k · +2 more ## Cost, time and long term To apply: government fees BSD 45k ≈ $45k in total (3 fees); investment BSD 1M+ ≈ $1M. No lawyer or agent fee is included. **Government fees: BSD 25k ≈ $25k · +2 more** - BSD 25,000 (≈ $25,000) Economic Permanent Residence certificate under section 17A with the right to engage in gainful occupation in own business. - BSD 20,000 (≈ $20,000) Economic Permanent Residence certificate under section 17A without the right to engage in gainful occupation. - BSD 200 (≈ $200) Non-refundable application processing fee. **Invested and held: BSD 1M+ ≈ $1M** - BSD 1,000,000 (≈ $1,000,000) Minimum purchase of Zero Coupon Bonds from the Central Bank of The Bahamas; held at least 10 years. **Renewal: Not renewable** The Certificate of Permanent Residence is issued for life unless revoked, so it does not need renewing; the bonds must be held for at least 10 years. [Department of Immigration, The Bahamas](https://www.immigration.gov.bs/permits-and-residencies/permanent-residence/) **Citizenship: After 10 years as a permanent resident** Citizenship by naturalisation is open to a permanent resident who has held that status for 10 years, including the 12 months before applying, and has lived in The Bahamas for at least 6 years before those last 12 months. [Bahamas Department of Immigration](https://www.immigration.gov.bs/applying-to-stay/applying-for-citizenship/) ## Why this route may not fit Check this before you apply. - Can't be renewed ### What you'll need #### What you must show and pay - **An investment of at least BSD 1,000,000 (≈ $1,000,000)** · Minimum purchase of Zero Coupon Bonds from the Central Bank of The Bahamas; held at least 10 years. - **A fee of BSD 25,000 (≈ $25,000)** · Economic Permanent Residence certificate under section 17A with the right to engage in gainful occupation in own business. - **A fee of BSD 20,000 (≈ $20,000)** · Economic Permanent Residence certificate under section 17A without the right to engage in gainful occupation. - **A fee of BSD 200 (≈ $200)** · Non-refundable application processing fee. #### Documents - Applicants use the Permanent Residence (Economic) Form IV. - Medical and police certificates are required. - Passport copies are required. - Character references are required. - Proof of the investment is required. #### After you arrive - The asset must be held for a minimum of 10 years. ## When you become tax resident How The Bahamas decides tax residence and treats foreign-source income, from its tax records. - **Tax residence:** No income tax residence test applies because no personal income tax is levied; National Insurance applies to employees, employers and the self-employed. - **Foreign-source income:** **No personal income tax** [All tax rules for The Bahamas](https://settleanywhere.com/countries/the-bahamas/tax/) Tax records checked 10 Oct 2026 **Full official text** Permanent residence certificate for an investor buying at least $1.0 million of Central Bank Zero Coupon Bonds and holding them 10 years. (sources 1, 2) #### What you must show and pay - An investment of at least BSD 1,000,000 (≈ $1,000,000) · Minimum purchase of Zero Coupon Bonds from the Central Bank of The Bahamas; held at least 10 years. (source 1) - A fee of BSD 25,000 (≈ $25,000) · Economic Permanent Residence certificate under section 17A with the right to engage in gainful occupation in own business. (source 2) - A fee of BSD 20,000 (≈ $20,000) · Economic Permanent Residence certificate under section 17A without the right to engage in gainful occupation. (source 2) - A fee of BSD 200 (≈ $200) · Non-refundable application processing fee. (source 1) #### Requirements - Applicants use the Permanent Residence (Economic) Form IV. (source 1) - Medical and police certificates are required. (source 1) - Passport copies are required. (source 1) - Character references are required. (source 1) - Proof of the investment is required. (source 1) - The asset must be held for a minimum of 10 years. (source 1) #### Stay - Certificate of Permanent Residence is issued for life unless revoked. #### Work Gives the right to reside and/or work; the certificate type decides whether gainful occupation in own business is allowed. #### Family Spouse and children can be endorsed on the certificate (endorsement fee $300 each). Checked 2026-10-10 ## Official sources 1. [Permanent Residence](https://www.immigration.gov.bs/permits-and-residencies/permanent-residence/) · Department of Immigration, The Bahamas · checked 2026-10-10 2. [Immigration Fee Scale](https://www.immigration.gov.bs/applying-to-stay/immigration-fee-scale/) · Department of Immigration, The Bahamas · checked 2026-10-12 3. [Citizenship](https://www.immigration.gov.bs/applying-to-stay/applying-for-citizenship/) · Bahamas Department of Immigration · checked 2026-10-11 ## Economic PR · $1M bonds and its alternatives | Route | Money needed | Stay | Work | | --- | --- | --- | --- | | Economic PR · $1M bonds | Needs an investment of BSD 1M+ ≈ $1M | – | Yes | | [Economic PR · $1M property](https://settleanywhere.com/countries/the-bahamas/economic-pr-real-estate/) | Needs an investment of BSD 1M+ ≈ $1M | – | Yes | | [Home Owner permit](https://settleanywhere.com/countries/the-bahamas/home-owner-resident-permit/) | – | – | – | | [Investor residence](https://settleanywhere.com/countries/mexico/temporary-resident-investor/) Mexico | Needs an investment of MXN 5.4M+ ≈ $294k | 4 yr | With a permit | | [Investor M · Property](https://settleanywhere.com/countries/colombia/m-investor-real-estate/) Colombia | Needs an investment of COP 612.8M+ ≈ $192k | 3 yr | Limited | ## Questions people ask ### How much money do I need for the Economic PR · $1M bonds? An investment of at least BSD 1,000,000 (≈ $1,000,000). Minimum purchase of Zero Coupon Bonds from the Central Bank of The Bahamas; held at least 10 years. A fee of BSD 25,000 (≈ $25,000). Economic Permanent Residence certificate under section 17A with the right to engage in gainful occupation in own business. A fee of BSD 20,000 (≈ $20,000). Economic Permanent Residence certificate under section 17A without the right to engage in gainful occupation. A fee of BSD 200 (≈ $200). Non-refundable application processing fee. ### How long can I stay on the Economic PR · $1M bonds? Certificate of Permanent Residence is issued for life unless revoked. ### Can I work on the Economic PR · $1M bonds? Yes. Gives the right to reside and/or work; the certificate type decides whether gainful occupation in own business is allowed. ### Can I bring my family on the Economic PR · $1M bonds? Spouse and children can be endorsed on the certificate (endorsement fee $300 each). ### How are Economic PR · $1M bonds holders taxed in The Bahamas? No special regime in our records is tied to the Economic PR · $1M bonds. The standard rules apply: The Bahamas Government investment guidance lists personal income, capital gains, inheritance, withholding, dividend and payroll taxes as absent; residents pay VAT and National Insurance contributions instead. ## More in The Bahamas [Work permit](https://settleanywhere.com/countries/the-bahamas/annual-work-permit/) [Student permit](https://settleanywhere.com/countries/the-bahamas/permit-to-reside-student/) ## Investment visas elsewhere [🇨🇷 Investor residence · $200k](https://settleanywhere.com/countries/costa-rica/temporary-investor/) [🇧🇷 Investor · R$500k in a company](https://settleanywhere.com/countries/brazil/investor-company/) [🇺🇸 E-2 Treaty Investor](https://settleanywhere.com/countries/united-states/e2-treaty-investor/) [🇵🇦 Qualified Investor · Deposit](https://settleanywhere.com/countries/panama/qualified-investor-fixed-deposit/) [🇨🇱 Investor · US$500k](https://settleanywhere.com/countries/chile/investor/) [🇪🇨 Investor · $48k shares](https://settleanywhere.com/countries/ecuador/temporary-investor-shares/) ≈ USD figures are approximate: daily reference rates from ExchangeRate-API, dated 12 Oct 2026, refreshed when the site is updated. ## How this was checked **Checked on 2026-10-10 against 3 official sources.** Status: verified against the official sources. Every figure on this page comes from the official source it links to. The record was researched against these sources, then reviewed separately, with special attention to effective dates and amendments. Where a source does not state something, the page leaves it out. 1. [Permanent Residence](https://www.immigration.gov.bs/permits-and-residencies/permanent-residence/) · Department of Immigration, The Bahamas · checked 2026-10-10 2. [Immigration Fee Scale](https://www.immigration.gov.bs/applying-to-stay/immigration-fee-scale/) · Department of Immigration, The Bahamas · checked 2026-10-12 3. [Citizenship](https://www.immigration.gov.bs/applying-to-stay/applying-for-citizenship/) · Bahamas Department of Immigration · checked 2026-10-11 Tracked since 2026-10-10. Rule changes and corrections are listed on the [changes page](https://settleanywhere.com/changes/), and the [methodology page](https://settleanywhere.com/methodology/) explains how facts are checked. Found something out of date? Email [contact@stayglobe.app](mailto:contact@stayglobe.app?subject=Correction) with a link to the official source.