Why do people move to the Bahamas?

Why do people move to the Bahamas? There are many reasons to relocate to The Bahamas, economically, we offer a tax-friendly environment, with no income tax or capital gains tax. The climate is near perfect. With around 340 days of sunshine a year, summers that are perfect for beaching, and slightly cooler winters.

What are the downsides of living in the Bahamas?

The Bahamas does have a high cost of living , which is a result of the country's imposition of high value-added taxes on groceries, furniture, appliances, and clothing. This isn't too much of an issue if you're planning to buy a vacation home but for those who want to buy a permanent home, it could be a factor.

What is crime like in Bahamas?

Bahamas crime rate & statistics for 2021 was 29.17, a 62.44% increase from 2020. Bahamas crime rate & statistics for 2020 was 17.96, a 23.52% decline from 2019. Bahamas crime rate & statistics for 2019 was 23.48, a 3.71% increase from 2018. Bahamas crime rate & statistics for 2018 was 22.64, a 25.95% decline from 2017.

Are Bahamians friendly?

Bahamas are known for being friendly, outgoing and informal. Hospitality is an extension of this and they like to get to know people, say hello to strangers and invite people into their homes.

Why do Americans live in the Bahamas?

Retirees from the United States and all around the world especially find the pleasant terrain, weather, and peaceful beaches suited best to their preferences. If you are planning to live in Bahamas for pleasure, work or retirement, you are going to be in for a treat.

What problems face the Bahamas?

The Bahamas is a stable democracy where political rights and civil liberties are generally respected. However, the islands have a relatively high homicide rate. Harsh immigration policies, which mainly affect Haitian-Bahamians and Haitian migrants, are often executed in the absence of due process.

What food is Bahamas known for?

Right up there with the stunning physical attributes of The Bahamas is the cuisine of the islands, which is diverse, delicious, and in some cases, daring. Some of the common items you'll find on your plate are shellfish, lobster, conch, crab, fish, fruits, potatoes, pigeon peas, rice, and pork.

What are 5 interesting facts about The Bahamas?

Is the Bahamas a good place to move to?

Whether you're looking for safety, a waterfront property, or a city-based Bahamas condo, The Bahamas has is all. There are endless reasons to move to The Bahamas: from great tax incentives (like its tax-neutral status) to the near-perfect tropical weather, you'll fall in love with everything The Bahamas offers.