Bahamas - Obtain a Certificate of Registration
A Certificate of Registration is an official document stating that a person or company has provided all the necessary information for an official or government record.
A non-Bahamian or a Permanent Resident, who acquires an interest in a condominium or property to be used by him/her as owner-occupied, or for construction of such a dwelling, must apply to the Secretary to the Investments Board to register the purchase.
The purpose of Certificates of Registration is to enable certain categories of non-Bahamians to merely register their acquisition of an interest in land or a condominium in The Bahamas without having to obtain the prior approval of that acquisition from the Government of The Bahamas.
This process is needed for any of the following scenarios:
- Non-Bahamians acquiring an interest in land or a condominium to be used as an owner-occupied property, provided that such land is undeveloped and it is less than two adjoining acres.
- Permanent Residents of The Bahamas.
- Non-Bahamians acquiring an interest in land under a devise or by inheritance.
- Non-Bahamians acquiring an interest in land by virtue of any court order or as a mortgagee.
- Non-Bahamians acquiring leasehold interest for trade or business for a period greater than 21 years.
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- Please ensure that you print the form on legal size paper (8/1/2 X 14).
- Please ensure that the form is completed in its entirety
- Please sign the bottom
- Full name of Applicant
- Registered/Residential Address of the Applicant
- Date of Birth
- Place of Birth
- Nationality of the Applicant
- Bahamas Immigration Status
- Description and Location of Property
- Condition of Property
- Name, Address and Nationality of vendor
- Purchase price and state how funded by local or foreign source
- Purpose for which the property is being or to be used
- Complete the entire Application Form 1.
- The applicant must pay the requisite fee at the Public Treasury.
- A copy of the receipt must accompany the completed Form 1 application for Certificate of Registration.
- Submit Form 1 to the Secretary to the Investments Board, along with the list of documents identified below.
- The BIA would then process the application, issues the Certificate and informs the applicant that the Certificate is ready for collection in writing.
Application form for Certificate of Registration:
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- Copy of National Photo Identification (Passport, Driver's licence etc.)
- Written confirmation that die diligence has been completed to meet "Know Your Customer"
- Police Record/ Certificate from Country of residence or Sworn Affidavit where applicable.
- Character Reference
- Copy of site plan of land being acquired / purchsed (please include size)
- Bahamas immigration Status
- Social Security Number / National Identification Number
- Real Property Tax Assessment Number
- Evidence of Payment of Real Property Tax (must be current)
- If applicant is a Bahamian Registered Company a copy of incorporation / Registration in The Bahamas is required.
- Financial Reference (current)
- Source of Wealth (if self employed state which field and provide proof thereof)
- Copy of relevant conveyance evidencing payment of stamp duty thereon as well as backing sheet.
The Applicant must pay an application fee of BS$250.00, this can be paid at the Public Treasury. If accessing this service from a Family Island, the requisite fee may be paid at the Public Treasury offices on Grand Bahama or Abaco.
Explain the time until which the certificate/document is valid. e.g. Birth Certificate Valid Forever
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The Certificate of Registration is prepared within 30 days from submission of all documents.
Bahamas Investment Authority as Administrative Arm of the Investments Board
4th Floor Cecil Wallace-Whitfield Centre
P. O. Box CB-10980
Tel. (242) 327-5826-9
Fax. (242) 327-5806
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Videos explaining the procedure or to fill the applications. Attach videos using the following tag <&video type="website">video ID|width|height<&/video&> from external websites. Please remove the "&" inside the tags during implementation. Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver, sevenload, viddler, vimeo, youku, youtube width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed. e.g In the following url "http://www.youtube.com/watch?v=Y0US7oR_t3M" Video ID is "Y0US7oR_t3M".
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Please explain what are other uses of obtaining this document/certificate. e.g. Birth Certificate can be used as proof of identity.
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