Living in Abaco Islands
Cost of Living
The cost of living in the Abaco Islands is high due to its popularity as a tourist destination, the importation of goods, and the quality of life it offers to residents and visitors.
The Abaco Islands are a group of islands and cays forming part of the northern Bahamas, known for their stunning beaches, clear turquoise waters, and vibrant marine life. This tropical paradise is a haven for boating, sailing, and fishing, attracting enthusiasts from around the world. The Abacos are characterized by their laid-back atmosphere, friendly locals, and a strong sense of community. The largest island, Great Abaco, is home to Marsh Harbour, which serves as a central hub for transportation and commerce. The surrounding smaller islands, like Elbow Cay and Green Turtle Cay, offer a more secluded and intimate experience with charming colonial-style architecture and quaint settlements. The Abaco Islands are also a prime destination for eco-tourism, with the Abaco National Park providing a sanctuary for the endangered Bahama Parrot and other wildlife. The islands were severely impacted by Hurricane Dorian in 2019, but recovery and rebuilding efforts have been underway, showcasing the resilience of the local communities. Visitors can enjoy a variety of activities such as snorkeling, diving among coral reefs, and exploring the chain's numerous cays.
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SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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The cost of living in the Abaco Islands is high due to its popularity as a tourist destination, the importation of goods, and the quality of life it offers to residents and visitors.
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