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RED CARPET TREATMENT

There has never been a better and more accommodating time than in the present buyers market to purchase properties and villas offshore. The Government of The Bahamas, has gone on record, stating that they “prefer red carpet to red tape.”

TAX FREE ENVIRONMENT

In The Bahamas, there are no local taxes on capital gains, inheritance, corporate and personal income, dividends and interest. The Bahamas places no exchange controls on non-residents, has no restrictions on the repatriation of funds, and has asset protection legislation. In The Bahamas there is: No Personal Income Tax, No Corporate Income Tax, No Business Tax, No Capital Gains Tax, No Withholding Tax, No Estate Tax, No Gift Tax, No Inheritance Tax, No Death Duties, No Employment Tax, and No Sales Tax

STABILITY OF GOVERNMENT

An independent nation since 1973, The Bahamas is one of the oldest and most stable democracies on the planet. It has been a peaceful democracy since 1729, and is recognized for its unequalled observance of human rights and political freedom. The Banker, a well respected Financial Times Group publication, named The Bahamas as “The Best International Centre in the Americas.”

RESIDENCY and EMPLOYMENT

The government gives consideration to citizenship, permanent residency and work permits for non-Bahamians, provided there is compliance with the immigration laws of The Bahamas and policies of the government. Accelerated consideration is given to applicants for annual or permanent residence by major international investors and to “fit and proper” owners of properties/residences valued in excess of $500,000 USD Funds.

SUPPLY and DEMAND

Leading publications have gone on record, that resort and waterfront properties in The Bahamas have held their value well over the years, thanks mainly due to supply and demand. Fueled by a limited supply of choice resort properties, along with a vast demand by a discerning market tends in many cases to perform well in both up and down scenarios.

 

 

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