Can I just move to the Bahamas?

There are a few options for you to apply for permanent residence, the most obvious one being marriage to a Bahamian citizen. Other ways of qualifying for permanent residence are: purchasing a residence in the Bahamas. legally working or living in the Bahamas for more than 20 consecutive years.



People Also Ask

Non-Bahamians who own second homes in The Bahamas may apply for an annual homeowner's residence card. This card is renewable annually and intended to facilitate entry into The Bahamas with minimal formalities. The holder is entitled to visit The Bahamas for a stay of up to one year. Government fee: USD 250.00 p.a.

MORE DETAILS

Freedom to Live Your Way Unlike the fast-paced lives of the west, Bahamas is a pretty much peaceful country, so even those who like lying back for a while can have a great life here. Note that crime in Nassau is quite high, so keep this in mind when visiting or living in the city center.

MORE DETAILS

The Bahamas does have a high cost of living , which is a result of the country's imposition of high value-added taxes on groceries, furniture, appliances, and clothing. This isn't too much of an issue if you're planning to buy a vacation home but for those who want to buy a permanent home, it could be a factor.

MORE DETAILS

The Bahamas' favorable tax environment is another significant draw for property buyers, offering numerous advantages such as no income tax, capital gains tax, or inheritance tax. This tax-friendly atmosphere makes it an appealing destination for investors and those seeking to optimize their financial portfolios.

MORE DETAILS

The government of the Bahamas supervises and administers the healthcare system in the country. Pregnant women, children, civil servants, and senior citizens over 60 years old have access to free healthcare. Regardless of one's ability to pay, access to public health care services is often free of charge.

MORE DETAILS

Bahamas crime rate & statistics for 2021 was 29.17, a 62.44% increase from 2020. Bahamas crime rate & statistics for 2020 was 17.96, a 23.52% decline from 2019. Bahamas crime rate & statistics for 2019 was 23.48, a 3.71% increase from 2018. Bahamas crime rate & statistics for 2018 was 22.64, a 25.95% decline from 2017.

MORE DETAILS

Small supply and a large demand for Nassau real estate keeps prices higher than the Family Islands. Islands like Abaco, Eleuthera, Cat Island, Exuma and Long Island offer wonderful deals that are extremely affordable.

MORE DETAILS

Where to live if you want to minimise tax
  • The Bahamas. The jewel of the lavishly decorated Caribbean crown, The Bahamas are a nil-tax haven which means you won't have to pay any of the tax that you would have back home. ...
  • Jersey. ...
  • United Arab Emirates. ...
  • Monaco. ...
  • British Virgin Islands. ...
  • Bermuda. ...
  • Switzerland.


MORE DETAILS