AUTHORITIES are attempting to spread awareness of a scheme that allows expatriates who reach their pensionable age to retire in Bahrain.
Under the scheme, they are granted a five-year self-sponsorship residence permit as long as they meet certain conditions.
It was launched last year and is open to foreigners who have lived in Bahrain for a minimum period of 15 years.
“They must have a minimum bank deposit of BD5,000 and a regular monthly income of BD500 from their personal assets in Bahrain or abroad,” said Under-Secretary for Nationality, Passports and Residence Shaikh Rashid bin Khalifa Al Khalifa.
“They should also produce a medical insurance certificate and certificates for good health and good conduct. “A certificate from the General Organisation for Social Insurance (Gosi), showing that they have reached pension age, should also be presented.”
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Residence plan for expatriates
How can a wealthy person who doesn’t need to work gain a Permanent Residence Permit for Bahrain if they are in their 20’s and would let to live in Bahrain?
Email address: spacetrekker81@yahoo.com
Re: Residence plan for expatriates
buy a villa in one of the new developments or a flat and you’re in!
Residence plan for expatriates
Cool Thanks!
Any developments you know about that arent to High in price? I already have a place I wabt to rent an plan on living in. So most likely I will never live in the place I buy I may just rent it out.
Re: Residence plan for expatriates
I thought you were wealthy! Wealthy people don’t ask for “not to (sic) expensive” properties! 🙂
The rule is: if you ask how much does it cost, then you can’t afford it.
Residence plan for expatriates
I like to think that the wealthy people aren’t stupid. Maybe thats a Bahrain saying. But where im from the Wealthy Prefer to make it not blow it on something dumb. I prefer to Spend my money wisely not just throw it away when I could have used it for something better. Only fools Go by
“The rule is: if you ask how much does it cost, then you can’t afford it.” Who in that right mind would pay for something withour know or they being cheated. You of all people should know this.
“The rule is: The rich didn’t get wealthy by blowing their money on anything that was place in there face.”
“The rule is: Only fools go rushing in.”
Due Diligence ever heard those 2 words PIG!!!!
Residence plan for expatriates
I don’t think Bahrain needs this type of expat… Please take your attitude to France where it will be accepted and appreciated.
Residence plan for expatriates
or dubai ..
Re: Residence plan for expatriates
Ah, pressed a button now did I? Glad I found the right one!
Now off you go on your wealthy (hah!) and merry way.