MONTRÉAL, July 17, 2020 – Black Tulip Port St. George Bahamas I (“Port St. George” or the “Fund”)1 is for potential investors who may be interested in utilizing The Bahamas’ Economic Permanent Residency Permit Program (the “Residency Program”). Visit the Bahamas section for more details.
Website: Port St George Bahamas
About Bahamas’ Permanent Residence Permit
The Permanent Residence Permit allows non-Bahamians to reside permanently in The Bahamas. Applicants must be at least 18 years of age and of good character and must state in the application that he or she intends to reside permanently in The Bahamas.
Permanent Residence has become popular and accelerated (fast track) consideration of application is given to major international investors and owners of residences valued at one million, five hundred thousand dollars ($1.5 million) or more. To qualify for economic permanent residence a person must invest a minimum of five hundred thousand dollars ($500,000) in The Bahamas. A person holding a certificate of permanent residence who wishes to include his wife, or dependent child under the age of eighteen (18) and ordinarily resident in his household, may have them endorsed on the certificate at the time of his original application or at a subsequent date, subject to such conditions as might be laid down by the immigration board. Separate application forms must be submitted on behalf of the applicant’s spouse and child (children, if more than one).