The Bahamas government says it has agreed in principle to increase the threshold of the Bahamas Investor Residence Visa from BS$500,000 to BS$750,000.

There are also plans to reintroduce a fast-track option, where candidates making real estate investments of BS$1.5 million or more would get their residency processed in 21 days.

No indication has been given of when the changes might happen. The government has been talking about raising the threshold for some time, with an increase to BS$1 million mooted in May 2017.

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