If you can work remotely, spend the same amount of time and get paid the same, why endure cold northern winters? Why not make your lifestyle better and more in tune with where and what you want it to be? Take a break from the computer and enjoy a game of golf or tennis, swimming and boating or just soaking up some natural Vitamin D on the pristine white and pink sand beaches of The Bahama Island Archipelago.
Not only can you buy or rent a home, but you can obtain benefits like Residency, Property Tax Exemption and Rental Income. Foreign nationals investing $750,000 in Real Estate in The Bahamas qualify to apply for Permanent Residency, with an investment of $1.5 million or more investors are “fast-tracked”. This status allows the property owner to enjoy Bahamas tax benefits such as no inheritance tax, no income tax, and no capital gains tax, with an opportunity to bask in this tropical lifestyle permanently without restriction.
The process for Residency is straightforward, individuals seeking to become legal residents will make application to the Department of Immigration for either Permanent Residence or an Annual Permit to reside. The application is comprised of a government form submitted with supporting documents of identity and limited financial information. The turnaround time for the issuance of Annual Residency permit is much less than for Permanent Residency, so it is recommended that an interim application for Annual Residency be made.
The Bahamas offers a very high standard of living and the most beautiful waters in the world for snorkeling, sailing, diving and fishing, all just minutes away from North America with convenient air travel to the UK, Europe and South America. One of the most well established and diverse real estate markets in the Caribbean, there is an array of Beachfront cottages, Luxurious Oceanfront Residences in secure gated communities, Private Islands and Cays, Exquisite Apartments and new Condo/Hotel Developments allowing homeowners the further benefit of generating guaranteed tax-free rental income if desired.
I can help you with all of these Properties as well as short and long term Rentals throughout our beautiful country.
Call me Today to Move to what Moves you!
Rosalyn Brown/ HG Christie Real Estate/ c: (242) 376 1249 / o: (242) 322 1041 [email protected]