Permanent Residence in The Bahamas

In recent days the life and death of Anna Nicole Smith and her connection to The Bahamas has brought into the international spot light the question of how can you obtain legal residence in our Country? The laws of The Bahamas allow a foreign investor to become an annual or permanent resident through the purchase of real estate with a minimum price of USD500,000.00. While this is true it is important to consider the process, the cost etc., to achieve this. Please read on the full details.