Living in The Bahamas as an Expat: Cost of Living, Safety, Pros & Cons

Living in The Bahamas as an Expat: Cost of Living, Safety, Pros & Cons

There are plenty of ways in which life in The Bahamas can seem appealing. Residents of the island chain enjoy generally favorable weather, scenic ocean views and exceptionally low tax rates.

But there’s more to the decision to relocate to a new country than just good weather and low taxes. You’ll need to consider all the factors that affect your day-to-day life.

Where are the best places to live? Is living in The Bahamas as an American (or citizen of another country) safe? What is the standard of living like?

In this article, I’ll examine what Bahamas expat life is like and the pros and cons you should consider when thinking about moving there.

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Moving to The Bahamas: Your Complete Guide

Moving to The Bahamas: Your Complete Guide

Relocating to a new country is a big step, and can feel overwhelming. There are many factors to consider, and often a new place can present challenges you hadn’t even thought of.

The Bahamas has lots of offer to visitors and residents alike. Its thriving expat community speaks to how popular a destination it is for relocation.

In this guide, I’ll take you through some of the key factors to consider and prepare for when moving to The Bahamas.

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Health Insurance in The Bahamas

Bahamas Health Insurance

The Bahamian lifestyle sounds pretty idyllic, doesn’t it? Right next to the US there is a tropical paradise with a financial center and very low taxes — what could go wrong?

Well, even in a beach paradise accidents happen, children need immunizations and we all occasionally get sick. Thanfully, The Bahamas has a good (and improving) healthcare system to take care of these eventualities.

Without an option to pay into the national health insurance system, expats should definitely consider buying a private health insurance plan in The Bahamas. This is not like parts of southern Europe or Asia where you could get by paying as you go.

Here you’ll find everything you need to consider and watch out for when deciding on Bahamian health insurance for your family — from costs to essential options and trusted providers.

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Your Guide to International & Private Schools in The Bahamas

International Schools in the Bahamas

Education for their children is, understandably, top of mind for expats who move their families to The Bahamas.

The school system on The Bahamas follows the British model and the calendar and curriculum will be familiar to those from North America or the UK.

Every child from 5 to 16 must attend school in The Bahamas and the options (roughly) fall into three categories: public, private — often faith-based options — and international schools. The three international schools in The Bahamas are seen as the top options for parents who can afford the tuition.

Living in gated communities or on various, relatively distant islands means that families often choose a school before they pick a community. If you only think you’ll be in The Bahamas temporarily, you may want to opt for one of the international schools that will prepare your children to move easily from one country to another.

Here, I’ll guide you through the best schools in The Bahamas, including top private schools and their curriculum and tuition.

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The Best Places to Live in The Bahamas

Best Place to Live in the Bahamas

It almost goes without saying that The Bahamas is a tropical paradise. It’s close to the US but has an entirely more favorable tax regime.

With thousands of hours of sunshine and temperatures that range from mild to hot it’s hard to imagine an unpleasant corner of the island country. And with over 700 islands to choose from, it’s easy to think that options must be unlimited.

The best places to live in The Bahamas for you will depend, at least partly, on your goals and life situation.

Is your relocation part of a dream retirement plan? Are you moving your digital nomad operation to The Bahamas? Will you be working for a company in the country’s financial center?

We’ll take all of these factors into account as we figure out where to live in The Bahamas. Read on for your guide to strategically approaching this essential question.

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