Bahrain Residency by Investment - Step by Step (2022)

  Рет қаралды 14,361

jcroad

jcroad

Күн бұрын

Пікірлер: 123
@ReducedEvasiveDetach
@ReducedEvasiveDetach Жыл бұрын
Guys this is gold!! I've been looking for a video like this for an hour now.. Thank you for the detailed info here!
@jcroad
@jcroad Жыл бұрын
Glad to hear it was helpful, best of luck in Bahrain!
@danstockalper5801
@danstockalper5801 2 жыл бұрын
I just got through living there for 10 years. Bahrain has a special program for holders of US, UK and Canadian passport holders that allows you to apply for a CPR card that allows for you to live in the country. With your CPR card, you can lease a flat, get a drivers license, open a bank account and do everything else that local people can do. The only catch is that it's available only for the three previously mentioned nationalities and you have to renew it every year (at a cost of BD11).
@jcroad
@jcroad 2 жыл бұрын
Interesting, how do we find out more about that program?
@Pakmdb
@Pakmdb Жыл бұрын
@@jcroad For US,UK, canadian and some other citizens if working in SAUDI may wish to stay in Bahrain and bring their families over. First step, you get a 5 years multiple visa from NPRA. ( www.npra.gov.bh ) Step 2, rent an apartment and ask the owner to get you a letter from the municipality. Step 3, you can get detailed information and make an appointment on th egiven number 80008001 Step 4, take all required original documents. Hardly takes half an hour for the process their. You get no card but a number with the temporary CPR valid for on year. My colleagues were able to open bank accounts with this temporary CPR. Apparently you can also get a local driving license or buy a car.
@ayoubmchaar
@ayoubmchaar Жыл бұрын
How we can find official information to apply for this programm ?
@cakesinthecity
@cakesinthecity Жыл бұрын
Wow amazing
@jonathanbartsch2938
@jonathanbartsch2938 Жыл бұрын
Yes, 🙏 please.
@user-wi9nn6dz8w
@user-wi9nn6dz8w 5 ай бұрын
You chose well! It’s paradise! I want to thank all the wonderful Bahrainis who made my three years in the country such a memorable experience!
@JanBanJoovi-ol1qv
@JanBanJoovi-ol1qv Жыл бұрын
I have resided in Bahrain for 11 years. It’s no wonder that I love the place. It’s the safest place I’ve ever resided. Generally, no violent crimes (criminals won’t have anywhere to hide as it’s a small island, you’ll be cought in no time unless you quietly ride a boat to Iran). If I’m a millionaire I’ll acquire golden visa in bahrain in a heartbeat.
@ywueeee
@ywueeee 5 ай бұрын
how is dubai or uae different?
@JanBanJoovi-ol1qv
@JanBanJoovi-ol1qv 5 ай бұрын
@@ywueeee locals are generally friendlier, the place is cheaper overall, less noisy, just the right size of everything. depends what’s your priorities though. If your priority is not running out of exciting places to visit, then UAE will be a better option if money isn’t a problem.
@robertokra
@robertokra 6 ай бұрын
Great video! Very helpful! Thank you for taking the team to do this video, the explanations are also very helpful and clear.
@vyacheslavlitvinov8481
@vyacheslavlitvinov8481 7 ай бұрын
U r awesome guys, appreciate your detailed explanation, definitely going to print it out and use!
@dickburns9200
@dickburns9200 Жыл бұрын
That was an excellent and very thorough video. Thanks!
@jcroad
@jcroad Жыл бұрын
Glad it was helpful!
@4985muhammadali
@4985muhammadali 2 жыл бұрын
Thank you so much sir and madam, I am planning to invest in real estate in bahrain but as you have said in the video that in the residency permit you are only allowed to do business and one cannot work there in any company or employment offer. It would really help me if I can connect with you regarding further more details. 😊 thank you so much for clearing the every details in the entire video.
@4985muhammadali
@4985muhammadali 2 жыл бұрын
@@jcroad thank you so much ma'am.
@carolinek_ck
@carolinek_ck 2 жыл бұрын
Very good video thank you. Would be nice if you could do some vlogging about how it’s going for you. What are you working with? Which area did you buy property in and why? How is school for your child? Etc. I actually lived in Bahrain some years back and really miss it
@jcroad
@jcroad 2 жыл бұрын
Thanks, at some point we will put together a more serious schedule for videos. We noticed a pattern, people who leave BH end up missing it!
@carolinek_ck
@carolinek_ck 2 жыл бұрын
@@jcroad 👍🙂
@rajabconstructionco.9973
@rajabconstructionco.9973 2 жыл бұрын
Very good information helpful and great advice valuable video thanks you God bless you sir and madam thank jai hind 🇮🇳 India
@esmat32
@esmat32 2 жыл бұрын
Cool video. Even with all the information I liked the view driving thru the streets.
@Amin-mt5lf
@Amin-mt5lf Жыл бұрын
Beautiful step-by-step explanation, haven't found anything nearly as good online. Would love to watch a video of the list of the international law firms you would recommend in Bahrain which would handle foreign property ownership cases, as well as the different residential pockets you recommend (+ 2022/2023 price estimates)
@jcroad
@jcroad Жыл бұрын
Thanks, we looked a little into some freehold properties which are in areas for local buyers (eg. Saar) and found there are not many and it is generally pretty expensive. I'm surprised because I hear often from Bahraini people that the price for a flat that expats buy in Amwaj/Seef/Reef Island etc. that you can get a detached house for the same price as a Bahraini. But it's true the price goes up once it's zoned as freehold. We still might make a video about this. Real estate prices appear to be rising modestly so far this year in Bahrain.
@naveedm.a.9111
@naveedm.a.9111 2 жыл бұрын
Thank you for sharing ur experience... It was very explanatory n detailed oriented...
@NOCTKINETICS
@NOCTKINETICS Жыл бұрын
Thanks for the video! I'd be very interested if you could make a video on different neighborhoods and regions in Bahrain. Cheers!
@jodijaanify
@jodijaanify 2 жыл бұрын
Thank you for the info...subscribed.
@kspuri9694
@kspuri9694 Жыл бұрын
Positive information ... thx
@Mark_Antony22
@Mark_Antony22 2 жыл бұрын
Great video for people who have similar plans to move to Bahrain. I am interested to know more about the medical facilities and the coverage of medical insurance in Bahrain. What would be the medical coverage limits per year? Any support from the government ? Does government support for treatments, especially if medical insurance coverage is exceeded? Would be great if this topic can be covered and tell us how this aspect has to be managed. Thank you.
@jcroad
@jcroad 2 жыл бұрын
Thanks for the feedback, this topic could probably be a video on its own. Based on my understanding it is only Bahrain citizens get government support. Otherwise it is whatever limit you have with your policy from a private insurer. There are government facilities and also private ones which anyone can choose whichever to use. I'm sure there is a cost difference, I'll see if I can check with someone who knows more about this.
@Mark_Antony22
@Mark_Antony22 2 жыл бұрын
@@jcroad Thank you. Look forward to hearing from you.
@The1sista
@The1sista 2 жыл бұрын
This was a great video. Looking forward to more content. Do you know if one can apply and get the visa if buying a property but paying in instalments? Could I potentially apply after paying the first instalment or I have to wait until I pay off the property in full? Thank you 🙏🏻
@jcroad
@jcroad 2 жыл бұрын
Thanks for the nice words, we saw some developers in Bahrain will let you pay installments but they don't transfer the property title till later. Doing this will not let you get residence permit until you pay in full. In our experience the only thing the government wants is the property title in your name, they did not ask us if we financed it or not.
@The1sista
@The1sista 2 жыл бұрын
@@jcroad thank you so much. That’s very helpful 😊
@johanndeleon6161
@johanndeleon6161 11 ай бұрын
Hi, do you recommend any Lawyer to contact in order to start buying a property. And help us arrange the Pre-Sale Contract, Notary the Final Sale Contract and Property Registration ? Thanks again 👍🏻😉
@oganbalibasa9855
@oganbalibasa9855 5 ай бұрын
Hey, In the same boat here. Would love the contact of a lawyer as well 😊
@angelgonzalez7317
@angelgonzalez7317 4 ай бұрын
Thanks again for such a useful video. Do you know if you can even apply to the residence buying a land?
@jcroad
@jcroad 4 ай бұрын
You're welcome, not totally sure about vacant land. But my guess is if you can get to the stage where you have a property title then yes. This might have some challenges if you are currently a non-resident. From what I have seen, land prices can vary greatly depending on some factors. I think it's best to know a trusted Bahraini to help with this.
@CodingExpress
@CodingExpress Жыл бұрын
Thanks
@Pakmdb
@Pakmdb Жыл бұрын
Thank you for a nice step by step video. It is very useful. I have already purchased a property in Bahrain and transferred into our names. The Redbook is now replaced with a digitized document of one page. Front side has all the info and backside has location map and building details. I wanted to know more on this step: 13. Apply for residence permit (2, 5 or 10 year) How and where to apply? May be you need to give more details for that. I haven't applied yet and trying to find more info. A list of documents required (Ownership document, Health Insurance, attested marriage certificate, prescribed fee. Is there anything else required? Forms and where to get them etc. Do I need an agent to apply for the residence Thank you.
@jcroad
@jcroad Жыл бұрын
Hi thanks, good to hear you got a purchase completed. We did not use an agent for the residence permit, this can be done on evisa.gov.bh website under self sponsor application. The site will list off all the required documents which we found many of the private company "agents" are not up to date on what is needed but of course hoping to take lots of money off people. After we applied, a government agent emailed us directly where we could ask any questions to him. It is paid online through a link given by ministry and you are issued an electronic permit with QR code. They were pretty strict with us about the marriage certificate stamp. You might also need some proof of income or salary document.
@fahadahmed1963
@fahadahmed1963 2 жыл бұрын
U guys covered even a tiny bit if it.. Very informative.. Stay blessed!! I have a query that, at a Later stage is it switchable to employment residency if someone gets a job or vice versa i.e employment to self sponsorship??
@jcroad
@jcroad 2 жыл бұрын
Hi, yes someone told me it is ok to do that, but it was not a government agent. Of course no refund will be given for any unused time of old visa :)
@urgg1
@urgg1 2 жыл бұрын
awesome video - thank you so much for making this. Could you please share the international law firm you think is good - would be extremely helpful
@jcroad
@jcroad 2 жыл бұрын
We spoke to a few, you want them to give a quote which includes title search and help from a local firm to do your red book. A few to consider are Charles Russell Speechly, Amin Law firm, Trowers & Hamlin, and Salman Legal
@urgg1
@urgg1 2 жыл бұрын
@@jcroad awesome! Thank you, that’s very helpful, do you think there is a good local one that could work based on your experience there, or you really feel an international one is better for an outsider for extra set of eyes? What’s your fav pick from the ones you mentioned
@jcroad
@jcroad 2 жыл бұрын
It's not about outside vs inside, pretty much everyone we dealt with at international firms are also Bahraini people. The difference is that in Bahrain some property sellers use a very short and incomplete purchase and sales agreement. The international firm we think is more helpful to draft a better one but this might delay closing your deal a bit. With these big companies you should talk to all of them because it depends who you get assigned to you that will give you the answer about which one is best.
@hwu3740
@hwu3740 Жыл бұрын
Thank you for this very informative video. Does this residence permit have "minimal stay" requirement?
@jcroad
@jcroad Жыл бұрын
Hi, after you get permit from property purchase there is no min stay requirement in Bahrain
@nareshbambhroliya6985
@nareshbambhroliya6985 Жыл бұрын
Can we … become a permanent citizen by Investment program ??? Bahrain 🇧🇭 ? Plz reply as early as possible.
@jcroad
@jcroad Жыл бұрын
I have not seen any citizenship by investment program in Bahrain like some countries have (Turkey for example)
@nareshbambhroliya6985
@nareshbambhroliya6985 Жыл бұрын
So, are you a resident of Bahrain ? If yes, then now-on being a resident do you have right to stay in Bahrain till death ? Or do you have any tenure of staying like 5 or 10 yrs ?
@nareshbambhroliya6985
@nareshbambhroliya6985 Жыл бұрын
After being a resident could you apply for citizenship ???
@nareshbambhroliya6985
@nareshbambhroliya6985 Жыл бұрын
I am an Indian 🇮🇳🇮🇳🇮🇳
@jcroad
@jcroad Жыл бұрын
The residence visa has a cost and can go for up to 10 years. It can be renewed as long as a property is still owned by the applicant, there is a newer program called the golden residence visa. Getting citizenship is similar in all GCC countries, it is not really given out based on time spent in the country, it must be earned and this is not easy. How exactly to earn it, I don't know.
@oivanov6301
@oivanov6301 6 ай бұрын
Hi. What is this security check? How do i apply for it before buying a property? A usual property owners aware for it? How long does it lasts?
@jcroad
@jcroad 6 ай бұрын
It is a background check done by the ministry that all foreign buyers need to complete. I don't know the exact details, I'm guessing it's anti-money laundering. The property developer should do it for you after the MOU is signed. I think ours took about 10 days to complete but that was during covid
@mohdislam5327
@mohdislam5327 11 ай бұрын
loved the video very informative! is there a difference between investor visa vs golden visa so far from my research I've come across that golden visa holders must have property worth 200,000 BD but investor visa only requires a minimum of 50,000 ... Are they the same ? And do they both offer 10 year visas ?
@jcroad
@jcroad 11 ай бұрын
Hello thank you, I believe the golden visa gives employment rights which the investors visa does not. Investor visa can be 10 yrs, but you must pay fees based on how many years (about 100 BHD per year). Golden visa might be permanent residence, you'll have to check with ministry about that
@poornaseshadri2371
@poornaseshadri2371 2 жыл бұрын
pls make a video on the areas where foreigners can buy
@royalromancy9563
@royalromancy9563 Жыл бұрын
Greetings, Thanks for your informative video guide. Can you please let me know after purchase property in Bahrain there is any hidden charges like monthly or yearly ?
@jcroad
@jcroad Жыл бұрын
So far no unpleasant surprises! But expect to chase certain people to make sure they do what they said. Also be sure the important things are in a proper paper contract and whatsapp doesn't count.
@claricendami6092
@claricendami6092 4 ай бұрын
Hello, I want to thank you to share this video, very interested and good explanations. Do you recommend a good international lawyer, a réal estate , and notary to contact in order to buy property as foreign. ? Thanks.
@jcroad
@jcroad 4 ай бұрын
You're welcome, all of these are optional in Bahrain except the notary. I recommend hiring a real estate agent only if you know nothing about neighborhoods of Bahrain. Every building has a sales team that will do the same job. The developer should refer you a notary to close the deal. For lawyers, I suggest get quotes from at least 3 international firms which have an office in Bahrain. Take any one which includes re-drafting the sale and purchase agreement. Local firms will get it done too but they quoted us the highest.
@angelgonzalez7317
@angelgonzalez7317 8 ай бұрын
Hi, thanks for this helpful video. Part of the requirements for the residence is live there for how many days per year?
@jcroad
@jcroad 8 ай бұрын
Hello, I heard for golden residence visa it is 90 days. But this is the property investors visa, I was never told any minimum amount. I will be working on our renewal soon and i'll let you know if I hear otherwise.
@angelgonzalez7317
@angelgonzalez7317 8 ай бұрын
@@jcroad thanks. I will wait for your confirmation. Please don't forget the video about your recommendations per area.
@jcroad
@jcroad 5 ай бұрын
Hello, sorry for the delay. For the property investors permit we have there is no minimum days per year requirement.
@JamesJohnson-kk4gp
@JamesJohnson-kk4gp Ай бұрын
Hello, Excellent video and very informative! I am currently living and working here in Bahrain. I am currently looking at condos. Can you provide me with the international lawyer that you used? Thank You!!
@jcroad
@jcroad Ай бұрын
Hello Jamie I just saw this, glad you were able to find my email
@emmanouilkardamylas2704
@emmanouilkardamylas2704 8 ай бұрын
Helpful video but you didn't talk about the "letter of good conduct". You didn't have to obtain that?
@jcroad
@jcroad 8 ай бұрын
Hi, sorry about that. After you obtain the property title, the next step is go to the eGovernment office in Isa Town. There is where the letter of conduct is printed. Before coming I was a bit confused by this as well because as a new comer of course the letter will show no offenses. We also brought police reports from our home country just in case. Also, there is a process called a security clearance which is done before you purchase property. This is done internally by the ministry.
@emmanouilkardamylas2704
@emmanouilkardamylas2704 8 ай бұрын
​@@jcroadThank you. So they accepted your application with the letter from Isa Town? The letters from your home countries were not required, at the end of the day?
@jcroad
@jcroad 8 ай бұрын
I think the big thing for foreigners buying property is passing the security clearance which is done before the purchase. I'm not sure what they are checking but if it's rejected then your chance of residence in Bahrain is zero. So no, they did not ever look at the police reports. I believe the letter of conduct is meant for people looking for work permits who have a history in Bahrain. Residence by investment is a program which much fewer people have compared to work permits. So for us I think they just print it and give, but it is required to add that paper in the final residence permit application.
@emmanouilkardamylas2704
@emmanouilkardamylas2704 2 ай бұрын
Hello again, would you be able to share the contact details of the agent who arranged your residence permit?​@@jcroad
@swissItalianPinay
@swissItalianPinay 10 ай бұрын
Hi, me and my husband is very interested in purchasing an apartment. How much did you pay for the lwayer? And which law firm you used?
@emadkhan8189
@emadkhan8189 2 жыл бұрын
Great video But which business should I start in Bahrain???
@jcroad
@jcroad 2 жыл бұрын
There is one channel called Hustle Kitchen about doing business in Bahrain
@Sara-te5oh
@Sara-te5oh Жыл бұрын
Thanks for the nice explanation I have a question. When buying an apartment, should I put a minimum amount of 15,000 Bahraini Dinars to obtain permanent residency?
@jcroad
@jcroad Жыл бұрын
Hello, I believe the 15k bank deposit requirement was replaced with proof of income of 500 BHD per month and showing 6 months of bank statements. Check www.evisa.gov.bh to see the current requirement.
@Sara-te5oh
@Sara-te5oh Жыл бұрын
@@jcroad thanks
@dudikushal7883
@dudikushal7883 9 ай бұрын
Hi do we have to show our country 's tax payments? Do they ask that while applying for resident permit?
@jcroad
@jcroad 9 ай бұрын
Hello, if you are asking if Bahrain requires you to show that you are paying taxes in your home country the answer is no, or at least I think not. There is one step in Bahrain called a security clearance which I'm not sure what exactly is being checked or who is contacted.
@CockatielLovers12
@CockatielLovers12 2 жыл бұрын
Let us clear is there government fixed a minimum value of money to buy property in order to get residence permit??
@jcroad
@jcroad 2 жыл бұрын
50,000 BHD
@Mako-co5pr
@Mako-co5pr Жыл бұрын
hello please tell me ia it safe to sign and buy contract feom developer Bahrain in Amwaj for payment dueing 5 years?
@alozi5457
@alozi5457 Жыл бұрын
No, only buy ready to live in, not on paper.
@abusulayman_
@abusulayman_ Жыл бұрын
If you live in Europe and want to move to Bahrain by buying a property apartment for 50000 dirham, are there any requirements for that? Do they have any specific limit of how much money you have to earn or is it only to buy for 50000 ans then move here?
@jcroad
@jcroad Жыл бұрын
Hi, there are a few other requirements such as showing an income of at least 500 BHD and showing 6 months of bank statements. You also have to do a government security clearance, this was done by the property developer. www.evisa.gov.bh/ has more detail, see self sponsor visa for property investor
@user-bs5rw5qe5u
@user-bs5rw5qe5u 2 ай бұрын
Can you recommend any agency who can assist in Residency by investment
@jcroad
@jcroad 2 ай бұрын
Hello, no I have never dealt with an agency. I heard many of them like to overpromise and underdeliver
@d-linkstravels3894
@d-linkstravels3894 2 жыл бұрын
Yes sir,can I apply for investor visa with my bahrain visit visa??
@jcroad
@jcroad 2 жыл бұрын
Hello, yes we started with a visit visa and applied for property investor visa. If you are doing investors visa with CR I think you can do the same. Ministry charged us 60 BHD fee to switch from visit to investors visa plus the visa fee
@d-linkstravels3894
@d-linkstravels3894 2 жыл бұрын
@@jcroad Amazing! I will love to do that too but I needed to extend my visit visa or can you do extension??
@jcroad
@jcroad 2 жыл бұрын
You can go on ministry visa website and do extension but they only give you one or two weeks, don't use agents, it is waste of money. If you have the six month or one year visit visa you can leave Bahrain and re-enter to get more time. You can go to Saudi or UAE (Wizz airlines) and come back but both have costs.
@d-linkstravels3894
@d-linkstravels3894 2 жыл бұрын
@@jcroad I really appreciate
@johanndeleon6161
@johanndeleon6161 Жыл бұрын
When you bought the property it was under both names ? Husband and wife ? or only husband ?
@johanndeleon6161
@johanndeleon6161 Жыл бұрын
I think you have said both of you are in the property title. If so, you need to have an investment of 100,000 for both instead of the 50,000 BHD required for the two years of residency permit by investment ?
@jcroad
@jcroad Жыл бұрын
It's 50,000 BHD per family including dependent children, stamped marriage certificate is needed. Primary applicant is listed as the sponsor of the other family members.
@Mo-nw8td
@Mo-nw8td Жыл бұрын
how it took to approve the residency visa?
@jcroad
@jcroad Жыл бұрын
Approval is within a few days but it took time to gather all supporting documents. For example the ministry will ask for health insurance, bank letters, salary certificate, property title. Also the ministry has to do a security background clearance on the applicant which took a while.
@emagdnim47
@emagdnim47 2 жыл бұрын
On the marriage certificates being stamped, if we have the Apostille Seal stamped on it this should be enough for the Bahrain gov’t to recognize it legally?
@jcroad
@jcroad 2 жыл бұрын
The gov agent working on ours told us that only stamps from inside Bahrain are accepted, check with Bahrain MOFA document legalization to be sure
@emagdnim47
@emagdnim47 2 жыл бұрын
@@jcroad Ahhh I see. We would seek the countries embassy where we got married at? I don't believe we saw an Mexico embassy in Bahrain...maybe they require us to go into Dubai, I believe we saw one there?
@jcroad
@jcroad 2 жыл бұрын
If you get in contact with Mexico embassy in UAE they will tell you if UAE is responsible for Bahrain, if not it's probably Saudi. The key is after you get the stamp then go get another stamp from Bahrain MOFA..... it's a bit of a runaround
@emagdnim47
@emagdnim47 2 жыл бұрын
@@jcroad Thank you for that info. Is this stamp unrelated to a Apostille stamp rather some other stamp version? Definitely bit of a runaround indeed.
@jcroad
@jcroad 2 жыл бұрын
Yeah this is different, Bahrain gov has certain embassy people's signature on file and want to see that signature on marriage cert with embassy stamp
@johnmichaelelman7889
@johnmichaelelman7889 2 жыл бұрын
Hi mam and sir...pls help me to work in bahrain. .I'm michael from Philippines
@CollosalTrollge
@CollosalTrollge Жыл бұрын
Real Estate bubble of corruption - Philippines -: way over priced and impossible for the younger to buy and move out.
@R.S.S.P03
@R.S.S.P03 Жыл бұрын
Can you give me work visa
@muhammadrehman1379
@muhammadrehman1379 2 жыл бұрын
Hello madam if you want to invest in me then will it be useful for me i am in bahrain
@oraclefusions
@oraclefusions Жыл бұрын
is there a way i can connect with you? whatsapp email? cheers
@jcroad
@jcroad Жыл бұрын
Hi you can add on snapchat neilw888
@oraclefusions
@oraclefusions Жыл бұрын
@@jcroad I don't have snapchat or fb except whatsapp.
@jcroad
@jcroad Жыл бұрын
You can try neilcc888@yahoo.com
@Sara-te5oh
@Sara-te5oh 9 ай бұрын
Can you please Give me the contact email or number for the nwe india insurance company.
@jcroad
@jcroad 9 ай бұрын
I just use the phone/email on www.newindiabahrain.com/ sometimes it takes a day or two for reply
@Sara-te5oh
@Sara-te5oh 9 ай бұрын
@@jcroad Thank you very much I contacted with them . Do you know another company accepted by the government for health insurance.
@elomboaime9504
@elomboaime9504 Жыл бұрын
Good morning and I thanks very much for this video and more courage to you. Can I have your email for more information please. Thanks regard William
@jcroad
@jcroad Жыл бұрын
Hello, is it something I can help you with on here? the only problem with posting my email address on here is that it attracts a lot of spam robots
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