Advanced Search   Global Luxury® Luxury   Rentals   Vacant Lands   Prime Locations     Call today: (242) 601-6500

Coldwell Banker Bahamas Real Estate Blog

First Time Buyers Tax Relief to Continue

2013-05-29 14:03:05 by: AD
The first time home buyer Stamp Tax exemption will be extended from June 30 to June 30, 2018.

Prime Minister Perry Christie made the announcement as he delivered his Budget presentation to the House of Assembly today.

He said that "within the $500,000 cap, flexibility will be permitted as to the proportions allocated to the conveyance and mortgage."

Presently, successful applicants don't have to pay stamp duty on homes valued under $500,000, subject to certain restrictions.

This has saved first time buyers up to tens of thousands of dollars in stamp duty.

* Your leading Bahamas Real Estate source.

Other blog entries
For Buyers
Buyers Guide
Property Search

For Sellers
List your Property
Sellers Guide
Marketing Plan

Island Life
All About The Bahamas
Banking And Investment
Weather In The Bahamas

Company and Services
Agents
Sales & Leasing
Appraisals
Previews
Bahamas Property Management
Coldwell Banker Commercial
Mike Lightbourn on Google+

Coldwell Bnaker Bahamas Lightbourn Realty Logo

 Advanced Search    Previews® Luxury Homes    Rentals    Vacant Lands    Prime Locations

Our websites:    Coldwellbankerbahamas.com    Realestateabaco.com    Realestateexuma.com

Lightbourn Realty assists Buyers/Sellers interested in investment for homes, properties, vacant lots in Bahamas Real Estate. As one of the most trusted partners With the Coldwell Banker Group for 17 years, Lightbourn Realty has a wide range of property Listing from beach front villas, new homes and resale properties for sale to vacant land, commercial property and vacation rentals available.

Coldwell Banker Lightbourn Realty is not responsible for any errors or omissions contained on this website.

All content © Coldwell Banker Lightbourn Realty 2024 unless otherwise stated.

Admin login         Resources         Google+

Where will your next Bahamas home be?

Abaco Island       Bimini Island       Berry Island       Cat Island       Eleuthera Island       Exuma Island       Harbour Island

Long Island       Nassau       Paradise Island       San Salvador Island       Andros Island

Sitemap