Tue. Dec 6th, 2022

The Bahamas Property Group is your one-stop shop for real estate in The Bahamas. With years of experience in the market, they are able to provide you with the most accurate information on properties in The Bahamas. Their knowledgeable agents will guide you through the buying and selling process step by step. They can also provide valuable insight into the current market trends.

The Bahamas Property Fund is a real estate investment trust that invests in commercial property in The Bahamas. harbour island real estate It currently owns three properties in the country: Bahamas Financial Centre in New Providence, One Marina Drive in Paradise Island, and Providence House in Nassau. The funds’ properties are leased to businesses across a range of industries. Their shares are listed on the Bahamas International Securities Exchange under the symbol “BPF”. Royal Fidelity Bank & Trust, which serves as the investment manager, maintains the properties owned by the fund. Its assets under management and administration total over $700 million.

In the Exumas, there are 700 islands and cays that are worth buying. Johnny Depp and David Copperfield both purchased properties in the Exumas for about $50 million. Faith Hill bought a 17-acre Goat Cay in 2006 and Tyler Perry bought a 20-acre White Bay Cay in 2009 for US$6.4 million. Prince Aga Khan IV, another wealthy investor, spent up to US$100 million on the 349-acre Bell Island in 2009. Shakira bought Bonds Cay in 2011 for US$16 million.

Foreign investors who purchase property in The Bahamas can enjoy a high rental income and medium-term growth. There are many benefits to buying real estate in The Bahamas, such as its stable economy, low crime rate, international accessibility, flexible immigration policy, and pristine natural beauty. Buying a Bahamas property means that you’ll have complete control over its rental value.

The Bahamas has no inheritance tax, income tax, and capital gains tax. The capital is Nassau, and its other major cities are Freeport and Nassau. The ‘Out Islands’ include Eleuthera, Abaco, and Bimins islands. A house in Elbow Cay can cost as little as US$300,000, and beachfront properties can run up to US$8 million.

Eleuthera has ocean-side homes, town houses, and beach villas, and South Eleuthera has several settlements, including Bannerman Town and Rock Sound. Another unique area is Spanish Wells. It is known as the fishing capital of the Bahamas, and offers many vacant lots and properties for sale.

The Bahamas offer great attractions and activities for tourists. Visitors can enjoy the Atlantis Casino and the Graycliff Hotel, a posh hotel with a cigar shop, chocolatier, and world-renowned wine cellar. The Bahamas is also home to several other tourist attractions, including the underwater cave system Lucayan. You can also take a vacation in the Bahamas by renting an ocean front condo in Freeport.

The Bahamas government has laid out certain guidelines for non-Bahamians looking to settle in The Bahamas. These guidelines include the right to work and the right to own property. There are also two types of permanent residency: Permanent residency and annual residency. The former involves investment in a minimum of $500,000, while the latter requires the buyer to purchase a home in the Bahamas for a minimum of three years.

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