Israel Innovation Visa vs Economic Permanent Residence
Residency program comparison: Israel and Bahamas. Income, fees, tax, duration, work rights and pathways.
Overview
 IL
Israel Innovation Visa
|
 BS
Economic Permanent Residence
|
|
|---|---|---|
| Country | Israel | Bahamas |
| Program type | Startup | Investor visa |
| Status | Active | Active |
At a glance
|
IL
Israel Innovation Visa
|
BS
Economic Permanent Residence
|
|
|---|---|---|
| Initial duration | 12 mo | — |
| Monthly income | — | — |
| Application fee | — | $200 |
| Tax regime | Worldwide | Exempt |
| Renewable | Yes | No |
Financial requirements
|
IL
Israel Innovation Visa
|
BS
Economic Permanent Residence
|
|
|---|---|---|
| Application fee | — | $200 |
| Government contribution | — | $20,000 |
| Dependent fee | — | $300 |
Duration and renewal
|
IL
Israel Innovation Visa
|
BS
Economic Permanent Residence
|
|
|---|---|---|
| Initial duration | 12 months | — |
| Renewal duration | 12 months | — |
| Maximum total duration | 24 months | — |
| Renewable | Yes | No |
| Minimum stay | — | 90 days |
Tax regime
|
IL
Israel Innovation Visa
|
BS
Economic Permanent Residence
|
|
|---|---|---|
| Tax regime | Worldwide | Exempt |
| Tax rate | — | 0% |
| Tax regime name | Israel progressive tax (10-50%) | Zero Income Tax |
| Foreign income taxed | Yes | No |
| Capital gains taxed | Yes | No |
Work rights
|
IL
Israel Innovation Visa
|
BS
Economic Permanent Residence
|
|
|---|---|---|
| Employed work | No | No |
| Self-employed work | Yes | Yes |
| Own business | Yes | Yes |
| Work permit included | No | No |
Requirements
|
IL
Israel Innovation Visa
|
BS
Economic Permanent Residence
|
|
|---|---|---|
| Criminal record check | Required | Required |
| Health check | Required | Required |
| Degree | Not required | Not required |
| Professional experience | Not required | Not required |
| Language (for citizenship) | Not required | Required |
| Endorsement | Required | Not required |
Family and dependents
|
IL
Israel Innovation Visa
|
BS
Economic Permanent Residence
|
|
|---|---|---|
| Dependents allowed | Yes | Yes |
| Spouse included | Yes | Yes |
| Maximum child age | 18 | 18 |
| Dependent parents | No | No |
Pathways
|
IL
Israel Innovation Visa
|
BS
Economic Permanent Residence
|
|
|---|---|---|
| Path to permanent residency | No | Yes |
| Path to citizenship | No | Yes(10 yrs) |
| Grants direct citizenship | No | No |
| Dual citizenship allowed | Yes | No |
Benefits
|
IL
Israel Innovation Visa
|
BS
Economic Permanent Residence
|
|
|---|---|---|
| Schengen access | No | No |
| Open a bank account | Yes | Yes |
| Buy property | Yes | Yes |
| Public healthcare access | No | No |
| Health insurance | Required | Not required |
Application
|
IL
Israel Innovation Visa
|
BS
Economic Permanent Residence
|
|
|---|---|---|
| Method | Embassy, in country | In person |
| Processing time | ?–14 days | ?–90 days |
| Apply from abroad | Yes | Yes |
| Local representative | Not required | Not required |