Why do people move to Bahamas?
When we asked people why foreigners move to Bahamas, they responded...
"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," explained one expat living in Paradise Island, Bahamas.
"The Bahamas offers expats a chance to enjoy a sunny, tropical lifestyle with a vibrant social scene and stunning natural beauty. The cost of living is relatively low compared to other parts of the world, and there are no income or capital gains taxes. Expats living in the Bahamas will also find a safe and friendly environment with a stable and modern infrastructure and world-class medical care. The country also offers excellent education opportunities and an abundance of outdoor activities and attractions," said another in Bahamas.
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SJB GlobalSJB-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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Click connect to have our partner contact you via e-mail and/or phone.
Other Questions:
- What do I need to know before retiring in Bahamas?
- How do I meet people in Bahamas?
- What is life like in Bahamas?
- 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?
- Is the cost of living in Bahamas high?
- What advice do you have for expats having a baby in Bahamas?
- What are healthcare services like in Bahamas?
- Is the cost of living in Bahamas high?
- What type of recreational facilities are in Bahamas?
- What is the weather like in Bahamas?
- Are there good restaurants in Bahamas?
- Where will I buy groceries and do other shopping in Bahamas?
- What are the visa & residency requirements in Bahamas?
- Are healthcare and health insurance expensive in Bahamas?
- What do I need to know when buying property in Bahamas?
- Are foreigners allowed to own property in Bahamas?
- What appliances are typically included in a rental?
Why do people move to 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.