🇧🇸 Bahamas · Permanent Settlement
Permanent Residence — Discretionary Grant after Refused §7 Citizenship Application (Nationality Act §7A, 2026 Amendment) — requirements, costs & how to apply
Who is eligible
| Minimum monthly income | €3,633 |
| Minimum annual salary | €43,590 |
| Proof of savings | €8,718 |
| Minimum investment | €4,359 |
| Work experience | 3+ years |
| Criminal record | Clean record / police clearance |
| Age range | 18–65 |
Costs
| Application / consular fee | €465 |
Duration & renewal
Initial stay: 24 months.
How to apply
- Confirm you meet the eligibility above.
- Gather documents and apply via the official portal: https://laws.bahamas.gov.bs/cms/images/LEGISLATION/BILLS/2026/2026-0014/2026-0014.pdf.
- Typical processing: ~30 days.
Frequently asked
How much income do I need?
You must show €3,633.
Sources & verification
Every figure on this page is taken from an official government source and dated. Nothing is inferred.
Minimum monthly income
https://laws.bahamas.gov.bs/cms/images/LEGISLATION/BILLS/2026/2026-0014/2026-0014.pdf · verified 2026-06-08
Minimum annual salary
https://laws.bahamas.gov.bs/cms/images/LEGISLATION/BILLS/2026/2026-0014/2026-0014.pdf · verified 2026-06-08
Proof of savings
https://laws.bahamas.gov.bs/cms/images/LEGISLATION/BILLS/2026/2026-0014/2026-0014.pdf · verified 2026-06-08
Minimum investment
https://laws.bahamas.gov.bs/cms/images/LEGISLATION/BILLS/2026/2026-0014/2026-0014.pdf · verified 2026-06-08
Work experience
https://laws.bahamas.gov.bs/cms/images/LEGISLATION/BILLS/2026/2026-0014/2026-0014.pdf · verified 2026-06-08
Criminal record
https://laws.bahamas.gov.bs/cms/images/LEGISLATION/BILLS/2026/2026-0014/2026-0014.pdf · verified 2026-06-08
Age range
https://laws.bahamas.gov.bs/cms/images/LEGISLATION/BILLS/2026/2026-0014/2026-0014.pdf · verified 2026-06-08
Application fee
https://laws.bahamas.gov.bs/cms/images/LEGISLATION/BILLS/2026/2026-0014/2026-0014.pdf · verified 2026-06-08
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Informational only, not legal or immigration advice. Requirements change — always confirm on the official government source linked above before applying. Last verified 2026-06-08.