What do rich people do in the Bahamas?

With its world-class golf courses and casinos, the islands know how to cater to wealthy retirees. Of course, their enchanting beauty, sea-swept beaches, and tropical weather are also attractive to people who simply want to live in an extraordinarily lovely place.



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There are a number of exclusive areas in The Bahamas. Communities like Lyford Cay have been described as one of the world's wealthiest and most exclusive residential areas.

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Nicolas Cage - owns estate residence on Paradise Island and a private island in the Exuma chains. Mariah Carey - owns a house on Windermere, a private island connected to Eleuthera, where she married Nick Cannon in 2008. Mike Oldfield - guitarist/composer (Tubular Bells etc.)

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The Bahamas is one of the wealthiest Caribbean countries with an economy heavily dependent on tourism and offshore banking.

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The Bahamas is the richest nation in the Caribbean and has a reputation for being a playground for the uber-rich. With its world-class golf courses and casinos, the islands know how to cater to wealthy retirees.

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The Gross Domestic Product (GDP) of The Bahamas is approximately $5.7 billion with tourism accounting for 50%, financial services nearly 20% and the balance spread among retail and wholesale trade, fishing, light manufacturing and agriculture.

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Famous faces are constantly on the paradise shores of The Bahamas, with the likes of Lenny Kravitz, Nick Cage and Mariah Carey all owning property there. It has also seen the likes of visitors such as Johnny Depp, Jennifer Aniston, Angela Bassett, Oprah Winfrey, Martha Stewart and Jennifer Hudson.

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The Bahamas is a high-income developed country with a GDP per capita of over USD 30,762 (2017) that conducts more than 85 percent of its international trade with the United States.

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Largely wild and undeveloped, Strangers Cay was picked up by Beyoncé and Jay-Z for $3 million. The 360-acre island is carpeted with lush greenery and has a natural harbor in crystal clear waters that are perfect for snorkeling and scuba diving.

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Some of the most popular destinations for celebrities in The Bahamas include: Nassau: The capital city of Nassau is home to many high-end resorts and private islands, such as A Four Seasons Resort, The Ocean Club, Bahamas and The Cove at Atlantis Paradise Island.

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The Bahamas is considered to be a third world country by other first world countries like USA or Canada. However, as a nation, we enjoy easy access to advanced healthcare, infrastructure, technology and a stable political environment.

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12 Fun Facts About the Bahamas (Kid-Friendly!)
  • The Bahamas is next-door to Florida. ...
  • The Bahamas is home to the planet's third largest great barrier reef. ...
  • There's a scientific reason for the Bahamas' clear, turquoise water. ...
  • There are more than 700 islands in the Bahamas. ...
  • It is a popular Hollywood film site.


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