How are we sure this same national for sale notion doesnt bite us in the hip with the majority of these foreigners ending up in Nassau competing with Bahamians in business and jobs?

Try this: permanent residency DOES NOT CONFER the right to work. A permanent resident DOES NOT have the right to work. Therefore: the government could grant a million permanent residencies and not a single one could compete with your job. Always been the case. Nothing has changed. Where have you been all your life?

actually the people who buy homes get a 'ANNUAL RESIDENCY PERMIT'

it is not the same as permanent residency, they have to renew the thing , usually their lawyer deals with that.

the only difference between an annual and permanent residency permit is the cost and the qualifying sum. One costs $1k per year, the other $10k once off.

Isn’t what you guys are calling the “Annual Residency Permit” actually the
“ Annual Homeowners Permit” that basically offers no benefits beyond doing away with the 30-90 day immigration limit and must be renewed every year? Which is a diffrent kind of animal than the various “Permanent” Residency permits.....the Annual Permit doesn’t require the same large investment in a home among other things.

you can't compare us to those other caribbean islands that have more foreign as in NON AMERICAN foreign investors that take a day to get to from even MIAMI. Our product "theoretically" is better (until Nassau get's involved) and is worth more then way way down south tiny ass islands that are only microcosms of nasty Nassau.....

Comrades! A nation for sale { but only open to a certain kinds foreigners } and at a time when we as a country are incapable of settling the matter of the thousands who may rightfully be entitled to citizenship's, and the 145,000 illegals who should have long been deported.... many whom are working for the businesses owned and operated by red party's financial supporters.
Needs repeating that when other countries are tightening their borders and paths to immigration, the Bahamaland under the governing Minnis's, Brent's and KP's, are preparing for but a insulting token cash fee paid into the public treasury to turn the pride of your once so prized citizenship, into a 'commodity with a price tag' - valued at no more than a truckload of 150 lb sacks OK Flour.
The prime minister has with the stroke of his pen unconstitutionally changed the law which should be arresting illegals leading up to the PM's December 31, 2017 deadline.

persons can receive their citizen ship on one Island and move where ever they wish
in the Bahamas. This is a deal and a win, win for the elite the lawyers the real estate
people who are telling mr small things what to do.

They the elite also want a law put in place where Bahamians will be restricted as to how often
they may purchase a car. The average Bahamian should pay attention there is nothing
to benefit them. in the laws the FNM is putting in place.

Comrade, I would support a "two car limit per family, with replacement restriction once every 10 years". Tourists and visitors, should be totally restricted from renting cars. Only cars of the most current 5 models years, should be allowed to be imported. No more gas engine cars to be imported.

Birdie...Permanent Residency is not the same as full Bahamian Citizenship.

Furthermore there are diffrent types of Permanent Residency.......there is Restricted Permanent Residency( not allowed to work at all without a valid work permit) , there is Permanent Residency with the right to work in ones own business( that’s pretty self-explanatory) and there is Open Permanent Residency( allowed to work at any job, very very rarely given) And none of them allow voting in Bahamian elections, none of them allow the holder to serve in the RBDF or RBPF, none of them allow the holder to serve in a jury.

Symonette is a natural born arse who is obviously content to have our nation prostitute itself for piddly sums. If we sell ourselves cheap then we will naturally get cheap customers lining up at the door in no time to get permanent residency. But these cheap customers will not be in a financial position to do anything of good for our country and its people, in fact they would become a burden for us. The rest of the world will see our nation as a paltry whore willing to give away residency for a measly sum. Permanent residency anywhere in the Bahamas without the right to work should cost at least the equivalent of one million U.S. dollars ( US$1,000,000) and with the right to work should cost at least an additional US$500,000, and these amounts should be at least doubled in the case of a family.

You do not seem to understand how the system works. Permanent Residency "costs" $10,000. That is the fee you pay the government to grant your application.
The other amounts you licitate are the amounts that someone invests (usually in property). But that remains his property. It is therefore not a cost.
Are you suggesting that the application fee should go up from $10,000 to $1,000,000? And if not, why on earth would you care how much someone has paid for his house? Are you going to live in it? What difference is it going to make to YOU?
What the government should do is clearly distinguish between property and other investments (businesses, shares, government bonds). That has the potential to benefit the country & society. How much someone pays for his house to another foreigner has a very marginal benefit to anyone here.

My amounts are what I believe should be the minimum investment requirement; the ongoing annual fees are another thing and the higher the better. We stopped growing real estate millions of years ago and there's not much of it left at affordable prices for future generations of Bahamians.

Comrades! Why would someone in good and lawful standing holding citizenship in another country want to pay the Bahamaland government $150 thousand to $1 million to obtain Permanent Residency Certificate (PRC)? What rights will your PRC give you the right to do? Can you apply and be granted a Bahamalander Passport? Can you work? Can you buy, or start a business and manage it? Can you enroll children in public schools? Can your spouse/common-law spouse and children work? Would you and family members qualify for national insurance and pension benefits? What, if any, proof minimum annual income must be maintained to provide the government? How long can you or a family member be absent from the country to void yours, or their PRC status? { I am presuming that you would have first hold current citizenship in another country to apply for Bahamalands's PRC? What happens to an applicant holding one or more citizenship's, or even Permanent Residency's? }

Answers to your questions, so you can become more enlightened on this topic.
Can you apply and be granted a Bahamalander Passport? No.
Can you work? No.
Can you buy, or start a business and manage it? No. Unless you apply for PR with right to work, which is a separate category.
Can you enroll children in public schools? Theoretically, yes. But you would need to certifiably insane or really hate your children to do that.
Can your spouse/common-law spouse and children work? No.
Would you and family members qualify for national insurance and pension benefits? No.
What, if any, proof minimum annual income must be maintained to provide the government? None.
How long can you or a family member be absent from the country to void yours, or their PRC status? If you look up the word "permanent" you will find that it means "f'eva". Therefore: As long as you like.
What happens to an applicant holding one or more citizenship's, or even Permanent Residency's? Nothing. PR grants you the RIGHT to live here, not the obligation. You can spend as little or as much time here as you like.

First, if you want this all make sense to you, you gotta catch upon how the red shirts cabinet has become restricted to but three of the crown's main red shirts power players
Comrade OldFort2012, best you get a better grip on exactly where Minnis, KP and Brent is going with what variety permanent residency some foreigners buck$ will get them to do legally in the Bahamaland?

What else can the foreigners buy on some of these islands????????? ......... They have already bought up all of the choice land ....... or colluded with unscrupulous lawyers to quiet choice land ........... We need to incentivize for the island descendants to come back home and invest.

I say open it up completely to anyone who has a profession, a tertiary education and comes from a first world country. Open it up for free. Totally populate the Family Islands from first world country people. That will rejuvenate them.

Comrade Banker's opinion for reconstruction of days passed granting of residency and citizenship's, is that we should only welcome those immigrants being of superior intelligence because that's the way a good colony of the empire should behave. It wasn't that long time ago in our country's history - when only white Europeans were permitted to jump the immigration cue.

Yep. The Bahamians who support PLP are of definitely inferior intelligence and the country needs a cull of them. Ship them to Inagua to work in the salt flats and keep their poisonous personalities where they can't be seem and won't infect the rest of the population. The average IQ of PLP Bahamians is about around their shoe size.

Banker where do the Bahamian children yet unborn fit into your idea . Those who own the land
controls the land. Bahamian will be forced to buy land from foreigners who paid very little for it
at a very high price

It is not a good idea to sell ones birthright for porridge.

Mr. small things does not care he has the reputation for quieting poor people property,

Better be thinking about the Non-discriminatory clauses in WTO, EU-EPA and the CARIB-CAN trade agreements.
Along with the Discriminatory real property tax exemptions for Bahamians( un-developed and out islands)
Along with exorbitant Work permit fees for nationals from signatory countries.
And, wait for it......discrimination against Bahamians borrowing and investing elsewhere.

OldFort2012, good comments but you are wasting your time trying to educate the ignorant and xenophobic posters, they are not capable of recognizing a truthful statement having been raised on Oscar pindling's alternate truth.

The PLP is a cult. They trade their brains for coconut bread and will say anything whether it is truthful or not. They have had the 666 anti-truth chip installed in their brains.