What is the fanciest part of the Bahamas?

What is the fanciest part of the Bahamas? The world-renowned Bahamas gated community of Lyford Cay, is an exclusive luxurious residential community located on the Western tip of New Providence, Bahamas. Originally developed in the 1950's, Lyford Cay remains pristine, sophisticated, safe, and extremely private.

Is Nassau Bahamas wealthy?

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.

Which Caribbean island has the most expensive real estate?

The Terraces was just listed for $200 million, making it the most expensive home in the Caribbean. The sprawling estate spans 17 acres and nine structures, and it features three swimming pools. It's located on the small private island of Mustique, where Mick Jagger and Tommy Hilfiger have homes.

Can a foreigner buy a house in the Bahamas?

There are no restrictions on foreigners buying property in the Bahamas. Property purchasers are eligible for an annual Home Owners Resident Card, and those buying a property valued at $500,000 and above are given priority in permanent residence applications.

Why do billionaires move to Bahamas?

These extremely wealthy individuals have the means to travel all over the globe, but many choose to drop anchor in The Bahamas because it affords so much luxury, amenities, and fun in the sun.

Why do celebrities live in the Bahamas?

The Bahamas is a popular destination for celebrities looking to invest in real estate, with its stunning beaches, crystal clear waters, and luxurious properties. From private islands to sprawling estates, the Bahamas offers a wide variety of options for those looking to own a piece of paradise.

What islands do rich people vacation at?

What is the crime in Nassau for tourists?

In Nassau, practice increased vigilance in the “Over the Hill” area (south of Shirley Street) where gang-on-gang violence has resulted in a high homicide rate primarily affecting the local population. Violent crime, such as burglaries, armed robberies, and sexual assaults, occur in both tourist and non-tourist areas.

Why is Nassau so popular?

Nassau's Paradise Island, as seen from above, is a popular tourist destination in The Bahamas. Photo by Tokar. Renowned for its pristine beaches, blue waters, and glowing hospitality, The Bahamas is a sought after destination for millions of tourists each year, particularly American citizens.

Does the Bahamas have luxury stores?

Running through Downtown Nassau, the street is a lively mix of shops, restaurants, and tourist attractions. On a stroll, you'll find an excellent array of luxury and designer boutiques, duty-free outlets, and shops selling authentically Bahamian souvenirs.

Why is Nassau Bahamas so expensive?

The higher cost of living in the Bahamas are due to the fact that most goods need to be imported, and all of these items are taxed, when they arrive and clear customs. Unlike the US, there is no income tax in the Bahamas.