Bahamas Property Investment Guide 2025: Complete Pros and Cons Analysis

Yes, foreigners can own real estate with freehold title in the Bahamas. Properties over 2 acres require Foreign Investment Board approval, but condos and most homes under 2 acres can be purchased directly.

The process typically takes 60-90 days with proper documentation. Glenn specializes in guiding foreign buyers through the entire process, ensuring all requirements are met efficiently.

Budget 4-6% of property value annually for all ownership costs: property tax (0-1%), insurance (1-2%), maintenance (2-3%), plus utilities and management fees if renting.

For example, a $500K property typically costs $20K-30K yearly to own and maintain properly. This includes hurricane insurance, salt-air maintenance, property management, and all utilities.

Properties worth $1.5M+ qualify for expedited residency consideration through the Economic Permanent Residence program. This provides the right to live in the Bahamas indefinitely.

Glenn specializes in this process with proven success. The timeline is typically 3-4 months with expert guidance versus 6-9 months if handled independently.

Local Bahamas banks require 30-40% down payment with higher interest rates. Better options often include developer financing, HELOC on existing properties, or international banking relationships.

Glenn connects buyers with optimal financing solutions for their situation, including developer programs with competitive rates and alternative lending sources.

Property tax rates are very low: 0.75% for Bahamians and 1% for non-residents on properties over $250K. Properties under $250K are exempt from property tax entirely.

For a $500K property, a foreign investor would pay approximately $2,500 annually in property taxes - significantly lower than most countries.

Professional property management companies handle everything from maintenance to rental marketing. Expect to pay 15-25% of rental income for full-service management.

Glenn works with vetted management companies that provide regular reports, handle guest services, coordinate maintenance, and ensure your property generates optimal rental income while you're away.