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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…

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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…

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