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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