Bahamas
What is the average cost of housing in Bahamas?
If you are thinking about moving to Bahamas, cost of living in probably a key consideration. Expats commented about the cost of housing...
"The average cost of housing in the Bahamas is generally high compared to other countries in the Caribbean. Property prices in Nassau, the largest city in the Bahamas, tend to be above the average cost of housing in the rest of the country. Prices vary widely based on location, property type, and amenities," said another expat in Bahamas.
"Most of the answers on this forum are from people living on New Providence. Look at other islands. You don't need to live in a gated community on Grand Bahama Island. Rent is reasonable compared to large urban areas in the US. The biggest difference is the taxes. No Income tax, no real estate tax (to a point), no inheritance tax. The VAT (10%) is about what most people pay for sales tax in the US. Duty on imported goods can be high, but that is the only downside that I have encountered," wrote a member who made the move to Bahamas.
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Other Questions:
- What should I pack when moving to Bahamas?
- Where should I setup a bank account in Bahamas?
- Will I be able to find a job in Bahamas?
- What is life like in Bahamas?
- What do expats in Bahamas appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Bahamas?
- Is there a lot of diversity? Are people in Bahamas accepting of differences?
- What are the schools in Bahamas like?
- What are healthcare services like in Bahamas?
- What are medical services in Bahamas like?
- Are healthcare and health insurance expensive in Bahamas?
- What are emergency services like in Bahamas?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Bahamas?
- How are local medical facilities in Bahamas?
- As a foreigner living in Bahamas, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
What is the average cost of housing in Bahamas?
If you live in Bahamas, newcomers to Bahamas would love to hear your answer to this question.
About the Author
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.
