International Persons Landholding Act, 1993 (Cap. 140). | Land Portal

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LEX-FAOC078071
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This Act provides rules relative to the holding of title and other rights in land by persons other than a permanent resident or other than persons acquiring land or an interest in land under a devise or by inheritance (“Non-Bahamian”) and makes provision for control by the State on the holding of title in land in the Bahamas by foreigners. Acquisition of land, other than by non-Bahamians, shall be registered with the Secretary of the Investments Board, which is established under this Act. Acquisition and land or freehold or leasehold title by non-Bahamians requires a permit of the Secretary of the Board and shall also be registered in accordance with this Act. Other matters regulated by this Act include the registration of certain business leases and functions and powers of the Board.

Amended by: International Persons Landholding (Amendment) Act, 1995 (No. 12 of 1995). (1995-05-09)
Amended by: International Persons Landholding (Amendment) Act, 1995 (No. 32 of 1995). (1995-11-16)
Amended by: International Persons Landholding (Amendment to Schedule) Order, 2007 (S.I. No. 61 of 2007). (2007-09-27)

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Bahamas Legislation

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Lucayan Indians inhabited the islands when Christopher COLUMBUS first set foot in the New World on San Salvador in 1492. British settlement of the islands began in 1647; the islands became a colony in 1783. Since attaining independence from the UK in 1973, The Bahamas has prospered through tourism, international banking, and investment management. Because of its location, the country is a major transshipment point for illegal drugs, particularly shipments to the US and Europe, and its territory is used for smuggling illegal migrants into the US.

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