tylamb

1 Vote

observer2 7 years, 10 months ago on Developer urges: Don’t ‘destabilise’ residency market via $1m mark

The Bahamas should not be selling permanent residency in exchange for the purchase of a home period.

Think about it. Once the foreigner buys the property, we, the government support the property and the permanent resident as the government runs a constant current account deficit to run the country. No government department makes money. So we are supporting the foreigners.