A plan to increase the threshold of the Bahamas residency-by-investment immigration program has been rejected by the real estate industry.
The Bahamas government wants to double the real estate investment threshold from BS $500,000 to BS $1 million.
But a survey conducted by the Bahamas Real Estate Association indicated industry stakeholders are strongly against the idea.
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The content of this article reflects the personal insight of Attorney Colin Singer and needs no disclaimer.