Living in Bahamas

"Expats considering retiring in the Bahamas should consider the cost of living as well as the local culture. Before deciding to retire in the Bahamas, expats should familiarize themselves with the different visa requirements and ensure they comply with them. Additionally, expats should be aware that property ownership is restricted in certain areas and that different taxes may apply. Lastly, expats should research the local infrastructure, such as hospital and medical care availability, as well as transportation and accessibility options," remarked one expat who made the move to Bahamas.

"Really take a close look at the cost of living before deciding. Everything is much more expensive here then it would be in most parts of the world. As an example a car here will cost about double the value in the USA. If you import it they add 75-80% duty on the value they determine (along with all the freight costs it quickly gets to 100% on top of the value) and if you purchase here the prices are already about double the price in the USA to begin with. Rent, Water and electricity are also very expensive here. This is not a location you would come to in order to lower your cost of living and "stretch" your salary but if you can afford the high cost of living the weather, beaches and people are quite inviting," explained one expat living in New Providence, Bahamas.