Bahamas Real Estate Blog

The Bahamas is well known as a tax haven and prime location for foreign investors. Today, we'd like to provide an in-depth guide on how US citizens can gain a significant tax benefit by setting up shop along the sunny shores of the Bahamas.

In some instances, US individuals or companies can save up to 35% by setting up international operations using a relatively small investment and expanding using tax-free earnings.

Where do these tax advantages come from?

These special tax advantages are available courtesy of the taxation provisions of the Internal Revenue Code (IRC). These provisions provide the guidelines that allow certain people and businesses tax exemptions or deferments of foreign income by the US government.

To become eligible,

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bahamian tax benefits for canadians

Despite Canada's wide reaching financial laws on income and restrictions on tax havens, the Bahamas can still serve as an ideal place to invest in, for non-residents.

In contrast to tax law in the United States, income taxation is based on residence, rather than citizenship. This means that while Canadian residents are taxed on any of their worldwide income, non-residents are only taxed through a withholding tax regime on certain specific kinds of investments.

These investments include things like:

  • Income from employment in Canada
  • Business carried out in Canada
  • Gains realized on the disposition of taxable Canadian property

Corporations that are non-residents of Canada follow much the same guidelines. However, all Canadian

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Early November always marks the time we 'fall backward' and 'loose' an hour of daylight. What does that mean to us? As boaters, it means we have to plan ahead and leave early as darkness comes sooner than usual and we don't want to be caught out coming home from boating in the dusk! It usually works out though as the children in the household show no regard for the change of time and are up at the crack dawn! 

Bahamas Beaches rose island beach

This past time change, Sunday November 5th, was a perfect boating day, the water calm and warm, and still a nice temperature for a quick dip!rose island property

Spectacular up and down Rose Island offers one of the best beaches in the Bahamas. Twelve miles long, sandy and incredibly pretty, with reefs, shoals, and every color blue you can imagine. The

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bahamas real estate market shift

"Beauty is that which attracts your soul…you feel that the hands deep within your inner self are stretched forth to bring her into the domain of your heart."

Kahlil Gibran

Just as in our personal relationships, I think it is fair to say that we also feel an attraction when we have found the house of our dreams - it is soul deep. It just clicks and there is a love that some will never understand and others see immediately.

Do you as the buyer or seller know what that beauty is in today’s market?

In real estate when we see trends towards a particular neigbourhood, district or style of home, could we say that most of us now have the same heart? We share the same desires? The inexplicable, we want what we want, when we want it, the

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Delaporte 

Nestled by the ocean off West Bay Street is the gated development of Delaporte Point. This great community has the perks of being within close proximity of Baha Mar and the Cable Beach strip, where there are plenty of great shops, restaurants and bars, all within walking distance.

Delaporte is one of the few gated communities that allow short-term vacation rentals, which means it provides a great opportunity for investors looking to get into the booming short-term rental business.

On offer are ocean front condos, with both east and west orientation, some with direct access to the gorgeous sandy beach; carefree apartments, that are so easy to lock and leave if you are a part time resident; and the ever popular garden units - there

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The Reef at Atlantis

Few places anywhere in the world can rival the natural beauty and luxury found on Paradise Island in the Bahamas. Perched within these magnificent surroundings is the Atlantis Resort and Casino, a stunning full-service resort unlike anything else in the Caribbean. The unreal vacation destination attracts thousands of visitors each and every year to its distinctive pink-hued walls. Who wouldn’t want to keep coming back here, again and again?

Let me introduce you to the Reef. The wonderfully majestic hotel-condo development that towers over the sugary-white sandy beaches at 22 stories. The iconic condo development offers investment or vacation home buyers a great chance to make their stay in the Bahamas a little more permanent.

What makes the Reef

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ONE Marina @ Palm Cay is the latest product to be launched in the marina based development of Palm Cay. 

 

With a contemporary design, these apartments are spacious and well laid out, with luxurious finishes, Signature European Kitchens, spa showers and baths, hurricane windows and doors and of course the exquisite decor that one would expect from this world class resort destination.

 

Ground floor units, spilling right on to the number one marina in The Bahamas, start at $800,000 and have between 1430 and 1540 sq ft of space, depending on whether you choose an interior or exterior unit. Both have a terrace from which you can chill and enjoy the view. 

 

The second/third floor units are much larger, with three bedrooms, three and a half

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The appeal of living and working in the Bahamas are pretty obvious. The wonderful sunny weather, pristine sandy beaches and crystal clear waters are a huge draw to thousands of visitors each year – why wouldn’t you want to take advantage of that traffic.

The Commonwealth of the Bahamas has tax laws and regulations that help to make it that much more appealing to investors. Here's all you need to know you’re considering investing in Bahamas real estate as a money-making enterprise!

Tenancy Laws are Very Pro-landlord

Rentals in the Bahamas are separated into two broad categories: short term (holiday or vacation rentals) vs common rentals. For both types of rentals, the rental amount can be freely negotiated between landlord and tenant, with no

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Critical Mass.There is a point in the life of every new development or subdivision that we realtors always look for. It is the point of Critical Mass. That is the point when there have been sufficient sales, commitments, and construction such that continued growth and success is assured. Palm Cay has reached that point of Critical Mass. After years of steady growth and evolution, Palm Cay is now one of the premier marina based developments in the region. Perfectly situated on the south eastern coast of New Providence, making the most of the prevailing balmy breezes, Palm Cay is a boaters dream. Exit the mouth of the marina and keep going and you are heading directly to the Exuma Cays. With a full service Marina, and dockage for boats small and large, Palm

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Who wouldn’t you want to live in the Bahamas? 340 plus days of sublime sunny weather on average each year. Beautiful sandy beaches. Laid-back island lifestyle. No income tax. The benefits are numerous.

But there are a few things you should know before starting to move toward relocating to this sunny tropical paradise. Here are a few things to consider.

Why move here anyway?

Let’s start off with an easy one. One has to simply take a look at the beautiful environment with its sunny climate, and friendly residents to understand why anyone would want to spend more time here.

It’s also close – relatively speaking. The sunny islands can be easily reached from numerous international locations via a direct flight, closest of all is Miami, only a

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