International Persons Landholding Act, 1993 (Cap. 140).

An Act to repeal the Immovable Property (Acquisition by Foreign Persons) Act, Chapter 125 and to facilitate the holding of land by non-bahamians and by companies under their control.

https://www.fao.org/faolex/results/details/en/c/LEX-FAOC078071

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English

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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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