MOVING TO THE BAHAMAS   Welcome to The Bahamas. Our islands are comprised of 700 islands and over 2,000 rocks and cays spread over 100,000 square miles of ocean. Starting just 50 miles off the coast of Florida, our archipelago is an ecological oasis, boasting powder soft pink and white sand, and crystal clear water.    Of our 700 islands, only around 30 are inhabited. Most expats relocating to The Bahamas full time for work and International Schooling find themselves settling on the island of New Providence, home to our country’s capital, Nassau. For those looking for that quiet island lifestyle and a spot to vacation or retire, our more secluded and slow paced Out Islands, home to approximately 15% of our overall population, are generally a perfect fit. Many of these islands offer everything you need including schools, healthcare facilities and International airports.    TAXES One of the Bahamas’ key attractions is its tax friendly environment. The Bahamas does not levy taxes on capital gains, corporate earnings, personal income, sales, dividends or inheritance taxes.    WORK PERMITS Working in the Bahamas for non-Bahamians requires a long-term work permit should you wish to reside longer than 90 days. Work permits are generally granted for highly specialized skills which can’t be fulfilled by a Bahamian.    PERMANENT RESIDENCY Permanent and Annual Residency status is available for foreign homeowners. Major international investors and owners of residences valued at $750,000 may apply for permanent residency and at $1.5 million or more, owners will receive expedited consideration for permanent residency permits.   Applicants must be of good character, show evidence of financial support and commit in writing they wish to live permanently in the Bahamas. Wives and dependent children (under 18 years) usually resident in a household may be endorsed on the certificate when the original application is made.      Annual residency cards are available to homeowners owning Bahamian Real Estate at any price point and can be renewed annually. The annual residency card allows the permit holder and their family to reside in The Bahamas for the duration of the permit.   MORTGAGES There are numerous local banks which offer B$ as well as US$ loans to finance the purchase of your Bahamian Real Estate purchase.   LET US GUIDE YOU HOME Foreign homeowners are welcomed by Bahamian locals with open arms. Let our Coldwell Banker Bahamas Real Estate experts guide you home to your very own Bahamian oasis.