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economic residency: Bahamas Real Estate | Top Realtor Backs $500k Investment Bar Rise ‘For Sure’
- 08/26/13 12:09 AM
By NEIL HARTNELL
Tribune Business Editor
nhartnell@tribunemedia.net
A top realtor yesterday said the permanent residency investment threshold should be increased to $750,000 “for sure”, while calling on the Government to spark land development through incentives, not penalties.
Mario Carey, head of Mario Carey Realty, told Tribune Business that raising the minimum permanent economic residency threshold from the current $500,000 to $750,000 would “correlate” well with current real estate market conditions.
He added, though, that an increase in this threshold had to be accompanied by improvements in the process, and time taken, at the Investments Board (Cabinet) level to approve foreign … (0 comments)
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By NEIL HARTNELL 
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