{"id":1584,"date":"2017-11-19T13:38:52","date_gmt":"2017-11-19T13:38:52","guid":{"rendered":"https:\/\/www.weetas.com\/insights\/?p=1584"},"modified":"2018-12-30T13:35:36","modified_gmt":"2018-12-30T13:35:36","slug":"conditions-obtaining-bahrain-residence-real-estate-investors","status":"publish","type":"post","link":"https:\/\/www.weetas.com\/insights\/en\/conditions-obtaining-bahrain-residence-real-estate-investors.html","title":{"rendered":"Conditions for obtaining Bahrain residence for real estate investors"},"content":{"rendered":"<p>Expats in Bahrain form 52% of its population, which is why in the past years; the government has issued laws regarding property and consumer rights that allowed foreigners to not only own a property in Bahrain but also obtain Bahrain residence permit.<\/p>\n<p>Whether you are buying-to-let or buying with the intention to immediately move in, you will become entitled to apply for Bahrain residence permit.<\/p>\n<p>In 2003, the government of Bahrain issued a law that foreign nationals can own real estate on a freehold basis in Bahrain in designated areas where under this law expats will have access to a residence permit.<\/p>\n<p>Bahrain residence for real estate investors will allow them to sponsor their spouse, children, and vote in elections in addition to cross-border mobility, access to education, employment, and social services such as healthcare.<\/p>\n<p><strong><u>The required terms to obtain the Self Sponsorship<\/u><\/strong><\/p>\n<p>1. Applicant must attend in person or through his legal representative to implement the service.<\/p>\n<p>2. Applicant must not be working in governmental or private sectors of the Kingdom.<\/p>\n<p>3. Applications must be separated in case of having more than one application and each request must have its own documents.<\/p>\n<p>4. In case of residence cancellation, a grace period is to be given not to exceed three months from the date of issuing.<\/p>\n<p><strong>Terms and Documents Required for Property Owners<\/strong><\/p>\n<p>1. The applicant may be a foreigner who has purchased property in his name, worth not less than 50,000 BHD.<\/p>\n<p>2. The applicant must have a Bank Deposit Certificate for not less than 15,000 BHD in the name of the applicant in one of the banks or financial institutions with a working license in the kingdom.<\/p>\n<p>3. The applicant must have a regular income of not less than 500 BHD per month, to cover his living expenses.<\/p>\n<p>4. The applicant must not work for the public or private sector in Bahrain.<\/p>\n<p>5. Service request form.<\/p>\n<p>6. A valid certificate of health insurance issued from the Kingdom of Bahrain<\/p>\n<p>7. A copy of the applicant&#8217;s card or his legal representative<\/p>\n<p>8. A clear copy of passport.<\/p>\n<p>9. A clear copy of ID.<\/p>\n<p>10. Certificate of good conduct deed.<\/p>\n<p>11. The owned residential property must be located in the touristic zone. For example Al Juffair, Amwaj, Riffa Views, <strong><a href=\"https:\/\/www.weetas.com\/insights\/en\/busaiteen-town-guide.html\">Busaiteen town<\/a><\/strong>, Abraj Allulu, AlAreen, etc\u2026<\/p>\n<p><strong>Procedures<\/strong><\/p>\n<p>1. Submit the request for Self Sponsorship Residence Permit renewal before 6 months of its expiry.<\/p>\n<p>2. Go to Nationality, Passport &amp; Residence Affairs, make sure to provide the required documents and follow the submission procedures.<\/p>\n<p>3. Fill out the application form and wait to be summoned.<\/p>\n<p>4. Go to the concerned employee to submit the required documents.<\/p>\n<p>5. Pay the fees and receive the receipt.<\/p>\n<p><strong>Renewal and cancellation<\/strong><\/p>\n<p>The residence permit or self-sponsorship visa is valid for only two years where it can be renewed within six months of its expiry date.<\/p>\n<p>However, the permit will be considered cancelled if not renewed within the given timeframe.<\/p>\n<p>It is also worth noting that the residence permit will be considered cancelled in case the applicant sells the property.<\/p>\n<p><a href=\"https:\/\/www.weetas.com\/article\/freehold-areas-in-bahrain-information\/\"><strong>Freehold areas in Bahrain<\/strong><\/a><\/p>\n<p><em><u>Residential and commercial buildings zones 10 or more floors in Manama: <\/u><\/em><\/p>\n<p>A. <a href=\"https:\/\/www.weetas.com\/en\/properties-for-sale\/apartments-for-sale-in-juffair.html\">Ahmed Al Fateh suburb (previously known as Juffair)<\/a><\/p>\n<p>B. Hoora suburb<\/p>\n<p>C. Bu Ghazal Area<\/p>\n<p>D. Seef and North Sanabis (10, 5 and 3-storey buildings)<\/p>\n<p>E. Northern suburb of Manama, including the diplomatic area<\/p>\n<p><em><u>Tourist areas<\/u><\/em><\/p>\n<p>A. <strong><a href=\"https:\/\/www.weetas.com\/insights\/en\/durrat-al-bahrain-guide.html\">Durrat Al Bahrain Bay Area<\/a><\/strong><\/p>\n<p>B. Danat Howar Area<\/p>\n<p>C. Amwaj Islands area<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Expats in Bahrain form 52% of its population, which is why in the past years; the government has issued laws regarding property and consumer rights that allowed foreigners to not only own a property in Bahrain but also obtain Bahrain residence permit. Whether you are buying-to-let or buying with the intention to immediately move in, &hellip; <a href=\"https:\/\/www.weetas.com\/insights\/en\/conditions-obtaining-bahrain-residence-real-estate-investors.html\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Conditions for obtaining Bahrain residence for real estate investors<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":1595,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"_links":{"self":[{"href":"https:\/\/www.weetas.com\/insights\/wp-json\/wp\/v2\/posts\/1584"}],"collection":[{"href":"https:\/\/www.weetas.com\/insights\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.weetas.com\/insights\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.weetas.com\/insights\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.weetas.com\/insights\/wp-json\/wp\/v2\/comments?post=1584"}],"version-history":[{"count":6,"href":"https:\/\/www.weetas.com\/insights\/wp-json\/wp\/v2\/posts\/1584\/revisions"}],"predecessor-version":[{"id":3186,"href":"https:\/\/www.weetas.com\/insights\/wp-json\/wp\/v2\/posts\/1584\/revisions\/3186"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.weetas.com\/insights\/wp-json\/wp\/v2\/media\/1595"}],"wp:attachment":[{"href":"https:\/\/www.weetas.com\/insights\/wp-json\/wp\/v2\/media?parent=1584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.weetas.com\/insights\/wp-json\/wp\/v2\/categories?post=1584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.weetas.com\/insights\/wp-json\/wp\/v2\/tags?post=1584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}