The Bahamas is a former British colony that consists of 32 districts distributed across 700 islands. New Providence, Grand Bahamas, and the Abaco Islands are the most prominent districts. The country is located northeast of Cuba and southeast of Florida in the North Atlantic Ocean. It has a tropical marine climate that is mitigated by the Gulf Stream. There are 385,367 inhabitants in the city. Nassau, the country's capital and most populated city, with a population of 228,000 people. Lucaya and Freeport are two other large cities. Lynden Pindling International Airport (NAS) is the country's busiest airport, with 3.2 million passengers per year. This places it as the Caribbean's fifth busiest airport. Lynden Pindling, the Bahamas' first prime minister, is honored with the airport's name. It connects passengers to Caribbean, European, and American destinations.
The creole culture is dominant in Bahamian culture. Protesters make up the bulk of the population. English is the official language. Haitian immigrants speak Creole as their first language. The legal system in the Bahamas is based on English common law. The government is a constitutional monarchy with a parliamentary democracy. Queen Elizabeth the II is the state chef. Hubert Minnis, the elected Prime Minister, is in charge of the government.
The Eastern Bahamian Dollar (BSD) is the national currency, and it is permanently tied to the US dollar at par. In the Caribbean and Latin America, the Bahamas has the 20th largest economy. The country has an open economy, with a gross domestic product of $12.6 billion. The per capita income of its residents is $33,494. The services sector accounts for the majority of GDP. Tourism and offshore banking account for more than half of the country's GDP and employ more than half of the population.
The Bahamas has a diverse range of urban and natural tourism attractions, making it one of the most popular tourist destinations. It is well-known for its beautiful beaches and natural surroundings. The Atlantis Paradise Island, the capital Nassau, the Exuma Cays, Harbour Island, and Andros Island are just a few of the important locations. Fishing and watersports are the most popular visitor activities. Every year, roughly 7.25 million tourists visit the island nation, the bulk of whom come from North America and Europe, with a robust cruise ship industry for day visitors.
Since October 2020, the Bahamas has offered a digital nomad visa known as the Bahamas Extended Access Travel Stay (BEATS), or the Bahamas Digital Nomad
“Zero income tax country” may sound enticing to a wealthy individual looking to reduce their tax burden. However, there are several factors to consider when
Bahamas
There are a number of ways to obtain residency and citizenship in the Bahamas, each with its own set of requirements. The most common methods are through business investment or real estate purchase.A person who has been a legal permanent resident in The Bahamas for 10 years, including the 12 months immediately preceding the date of application, is eligible to apply for citizenship.
Business investment involves making a minimum investment of $750,000 in a Bahamian business.
The business must be registered and operated in the Bahamas, and must employ at least five Bahamian citizens. The Business Investment not be in an area reserved for 100% Bahamian participation.
For this option, the Bahamian property must be owned outright, and cannot be leased or rented. It must also be used as the primary residence of the applicant. There is no minimum stay requirement for this option.
Real estate purchase requires a minimum investment of $500,000 in a qualifying property. However, properties above 1,500,000USD will get speedy consideration.
According to the SovSpot Passport Ranking Index, the Bahamian passport is now ranked 26th. It allows entrance to 157 countries without requiring a visa. As a result, it has a good overall mobility score and is a desirable passport. Visa-free travel and visas on arrival are available to Bahamians in countries such as Singapore, the United Kingdom, China, and the entire European Union. This enables for almost instantaneous travel opportunities all around the world. Bahamian passport holders, on the other hand, need a visa to visit around 72 countries around the world. Taiwan, the United States, and Australia are among the countries that require a visa.
26
157
The number of countries Bahamas passport holders can enter without a visa (i.e. visa-free countries) and those that allow Bahamas passport holders can enter by obtaining a visa on arrival (i.e. visa-on-arrival countries) or an electronic travel authorization is added up to determine the Bahamas passport ranking relative to other global passports (eTA). There are now 124 visa-free countries for Bahamas passport holders, 30 visa-on-arrival countries for Bahamas passport holders, and three eTA destinations. In total, Bahamas passport holders can visit 157 countries, either without a visa, with a visa on arrival, or with an eTA. As a result, the Bahamas passport is ranked as the world's number 26 passport. Aside from the Bahamas visa-free and visa-on-arrival countries, there are 72 other countries where Bahamas passport holders will need a physical visa or an eVisa to visit (i.e. visa required countries).
The National Defense Authorization Act (NDAA), which includes the AMIGOS Act, which modifies E2 visa requirements, was introduced in the United States House of Representatives.
A new interpretation from the Spanish Ministry of Justice confirms that all people born outside of Spain, children or grandchildren of people who originally had
“Zero income tax country” may sound enticing to a wealthy individual looking to reduce their tax burden. However, there are several factors to consider when
We are currently working on updating all countries with digital nomad visas, check back soon. If you register we will send out a notification email as soon as these are added.
The Croatia Digital Nomad Visa allows digital nomads to work and live legally under a temporary residence in Croatia for up to a year. Beginning
Argentina issued its first digital nomad visa on May 21, 2022. The digital nomad visa is a type of authorization that allows foreigners to work
There is no official Taiwan Digital Nomad Visa. However, the Taiwan Employment Gold Card is applicable to digital nomads. The Taiwan Gold Card allows digital
