Why do people move to Paradise Island?

"Expats are attracted to move to Paradise Island, due to its stunning natural beauty, with pristine white sand beaches and crystal-clear turquoise waters. The island offers a relaxed and laid-back lifestyle, allowing expats to escape the hustle and bustle of city life. The warm and sunny climate is another major draw, with year-round sunshine and mild temperatures. Additionally, the Bahamas has a favorable tax environment, with no income, capital gains, or inheritance taxes, making it an attractive destination for those looking to protect their wealth. The friendly and welcoming local community also makes it easy for expats to integrate and feel at home. Furthermore, Paradise Island boasts a range of luxury amenities, including world-class resorts, fine dining, and high-end shopping, ensuring a comfortable and enjoyable lifestyle for expats," explained one expat living in Paradise Island, Bahamas.

"I believe the majority of foreigners are here for retirement and tax shelters. Many foreigners are here in the banking sector while others are here working in tourism," said another in Paradise Island, Bahamas.

Allianz Care
Get Quote

Allianz Care's plans ensure that you have access to quality healthcare whenever you need it. Our flexible solutions allow you to tailor your cover to meet your needs and budget. You can submit your claims digitally and our helpline is available 24/7 to help you anytime.

Allianz Care

Allianz Care's plans ensure that you have access to quality healthcare whenever you need it. Our flexible solutions allow you to tailor your cover to meet your needs and budget. You can submit your claims digitally and our helpline is available 24/7 to help you anytime.
Get Quote