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Retire in New Providence, Bahamas

Universal Tax Professionals
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Universal Tax Professionals
Universal Tax Professionals

By Betsy Burlingame

Last updated on Apr 16, 2023

Summary: New Providence, Bahamas is a popular destination for retirees due to its beautiful beaches, warm climate, and vibrant culture. The average temperature in New Providence is around 80°F (26.7°C) in the summer and 72°F (22.2°C) in the winter. There are several retirement communities in New Providence, offering a variety of amenities such as swimming pools, fitness centers, and social activities. The cost of a nice 2 bedroom home in New Providence is around $200,000 USD, while a nice 3 bedroom home can cost up to $400,000 USD.

What is it like to retire in New Providence?

"Retiring in New Providence can be a great experience for those looking for a peaceful and tranquil atmosphere. The town is known for its low crime rates and friendly locals, making it a safe and welcoming place to live. There are plenty of recreational activities for retirees to enjoy, from boating to biking on the many trails around the area. The town also offers an array of restaurants, cafes, and entertainment options. With its vibrant culture and community, retirees living in New Providence are sure to never get bored. The cost of living is also relatively low, making it a great place for those looking to enjoy retirement while staying on a budget," said one retiree in living in New Providence, Bahamas.

"New Providence has a large expat community and it is easy to find other expats to hangout with. There are people of all nationalities and all financial situations ranging from Billionaires to retired school bus drivers so you can always find people that share interests with you. We have also found it amazing to speak with those who are nothing like us but give us a window into their world before living here. There are some forts and monuments to visit but cultural attractions are not really that great here as you would find in Europe or South America. We do have lots of water recreation and sports available for those who enjoy the beach and waves. The nightlife scene is very vibrant but you must be careful of which areas you go to. The more expensive areas are also the safer ones so be careful in the cheaper "bars"," explained a retiree in New Providence.

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About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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Traveling Mailbox lets you view your postal mail online anywhere and it's is affordable, simple, and flexible.
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