20.The Bahamas

The Bahamas – for permanent or extended residency in the Bahamas, invest
$250,000 in real estate. Having a Bahamas passport means that any income you will
make will not be taxed even if the money is earned from other places in the world.
The administration definitely needs money to operate but they choose to get all of it
from the tourist industry. People who wish to live temporarily in the Bahamas can
purchase residency at a cost of $1,000 per year.

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