Bahamas Guides | Page 2 | Your guide to living and doing business in the Bahamas

July 30, 2019April 5, 2023

The Bahamas Offshore (Private) Banking System

The financial sector accounts for a significant portion of the Bahamian economy, making up a little more than a third of the country’s business. And because of the country’s reputation as an international financial hub, the banking sector attracts a significant amount of attention from foreign clients.

This isn’t a bad thing. Financial institutions in The Bahamas are well-equipped to address your needs as a foreign citizen.

Whether you want to live, work or invest in The Bahamas or want to move your money outside of your home country, it’s important to have a solid understanding of the ins and outs of The Bahamas’ offshore banking system.

In this post, I’ll provide you with a general overview of the country’s banking system, what you need to get started using Bahamas offshore banking and some of the benefits that it may offer you.

July 30, 2019April 26, 2023

Bahamas Company Registration & Formation

While The Bahamas is known the world over for its sunny beaches, beautiful weather and laid-back lifestyle, there are many other factors that make the island chain an attractive destination.

The Bahamas offers a wealth of opportunities for investors and business-minded individuals — from its established reputation as an international financial center to its thriving real estate market.

But what if your ambitions are a bit larger in scope and you want to operate a company in The Bahamas? Navigating legal requirements and restrictions to create a business can be challenging enough at home, let alone when dealing with a foreign government.

In this post, I’ll examine some of the ins and outs of Bahamas company registration, rules and requirements, how to set up a company in The Bahamas and some of the benefits of doing so.

July 30, 2019May 11, 2023

Is The Bahamas a Tax Haven?

The Bahamas is known the world over as a popular destination not just for sun-seeking beach lovers, but also for investors. The Bahamian government has taken a number of steps to make the country attractive to foreign investors, and its low tax rates and high incentives for investors are at the top of the list.

But is The Bahamas a tax haven? And if so, what does that mean for you if you invest in Bahamian funds, real estate or other opportunities?

In this post, I’ll examine what constitutes a tax haven, if The Bahamas qualifies as one, and what the ramifications are for potential (or current) investors.

July 30, 2019January 5, 2023

Bahamas Real Estate Market Report: Prices & Trends in 2023

The Bahamas is well-known around the world as an attractive location for foreign investors. Its stable economy, relative wealth and favorable tax laws make it a safe and relatively easy-to-enter market for those with money to invest.

But is the Bahamas real estate market as good as it sounds?

While investment funds in The Bahamas attract attention around the globe, the country’s real estate market is sometimes overlooked. There is, however, definitely opportunity here — especially if you’re interested in establishing a presence in the country.

Today I’ll give you a brief overview of some of the current Bahamas real estate prices and trends, as well as looking at where some of the best opportunities in the country’s real estate market lie.

July 26, 2019December 22, 2022

Trusted Property Management in The Bahamas

Buying a rental property — or multiple rental properties — is a great way to establish a presence in The Bahamas and generate some passive income at the same time.

Of course, if you don’t intend to live in the country, you’ll have to outsource the task of managing your properties and liaising with your tenants to another person or company.

Today, I’m going to take a look at the role of property managers for Bahamian rentals. We’ll examine how to find a Bahamas property management team you can trust, and what to expect in your role as landlord.

July 26, 2019May 11, 2023

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.

July 25, 2019April 13, 2023

Finding Property for Sale in The Bahamas

Buying real estate in The Bahamas can be appealing for a variety of reasons. The weather is typically pleasant, the people are friendly, and the country’s tax laws are very appealing to many foreign nationals.

Although The Bahamas is a relatively small country, geographically it includes over 700 islands and keys. So before you can find property for sale in The Bahamas, you have to pin down what you’re looking for.

In this post, I’ll examine the advantages and disadvantages to real estate for sale in different areas of The Bahamas, as well as the various types of property you can buy and the processes and legal requirements associated with each.

July 16, 2019December 22, 2022

Commercial Real Estate in The Bahamas

The Bahamas is the third-wealthiest country in North America, behind only Canada and the United States. The country’s wealth, stability and favorable taxation system makes it a popular choice for investors around the world — including those seeking to purchase real estate.

The Bahamas commercial real estate market offers many opportunities for the savvy investor, but as with any major purchase, it’s essential to do your homework first.

In this post, I’ll examine both the benefits of and requirements for purchasing commercial real estate in The Bahamas and offer you some tips on what to look for when you start shopping.

July 12, 2019January 5, 2023

Your Guide to Buying a House in The Bahamas

There are plenty of great reasons to consider buying a house in The Bahamas.

The islands enjoy better weather than most of the world. The people are friendly — just ask the thousands of expats who call The Bahamas home — and the lifestyle is relaxed. There are numerous tax advantages to Bahamian residency and buying property in The Bahamas can be the first step toward citizenship — and help you fast-track the application process.

Of course, buying real estate in The Bahamas is a major commitment. Although the Bahamian real estate market is considered relatively stable, prospective buyers should always exercise due diligence before any significant purchase (especially if that purchase is in a foreign country).

In this guide to buying Bahamas real estate, I’ll take you through some of the most important considerations and provide some useful advice and resources to make your purchase straightforward and free of unexpected surprises.

July 8, 2019January 5, 2023

Where to Find Bahamas Houses to Rent

The property market in The Bahamas has been slowly inching upwards in recent years as the demand for luxury homes in particular increases. Whether you’re looking for an extended holiday, a second home for regular getaways, or somewhere to live while taking advantage of a business opportunity, it’s essential to do your research before you commit.

Securing a rental property in The Bahamas doesn’t have to be challenging. The Bahamian government is relatively welcoming to foreign visitors and investors. And although renting a property does preclude you applying for a Home Owners card, it does offer the freedom to get acquainted with this tropical archipelago before committing to a specific area.

In this post, I’ll review a few things you need to know about rentals in The Bahamas’ real estate market, including the best locations, the types of properties available and what to expect when renting a home.