Bahamas Relocation Cost Calculator — Moving to The Bahamas Expense Guide 2026 | Glenn Ferguson Call Glenn — (242) 395-8495 WhatsApp

Get a realistic estimate of your first-year costs for relocating to The Bahamas, including household shipping, ~45% import duty on goods, vehicle import and duty, flights, schooling, healthcare, and monthly lifestyle expenses. The Bahamas import duty is one of the highest costs new residents face — but it is offset by the zero income tax, zero capital gains tax, and zero inheritance tax environment.

Glenn Ferguson has helped international families relocate to Nassau for over 24 years, coordinating with shipping companies, customs brokers, schools, and real estate across New Providence, Paradise Island, and the family islands.

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Frequently Asked Questions

How much does it cost to move to The Bahamas?

First-year relocation costs typically range from $80,000 to $250,000+ depending on household size, shipping volume, and lifestyle level. Major cost categories: household shipping ($4,000–$30,000), import duty (~45% of goods value), vehicle import (~65% duty on vehicle value), flights, legal setup, and first-year living expenses ($42,000–$300,000/year depending on lifestyle). The Bahamas has no income tax, which can offset relocation costs for high earners.

What is the import duty rate in The Bahamas?

The Bahamas charges approximately 45% import duty on most household goods shipped into the country. Vehicles face even higher rates — approximately 65% of the vehicle's assessed value (including customs duty, excise tax, and 10% VAT). Used personal effects may receive reduced rates. Customs brokers can help with the detailed tariff schedule. Glenn connects relocating clients with trusted local customs agents.

What is the cost of living in The Bahamas?

The calculator above models your specific lifestyle costs. Nassau living ranges from $3,500/month (modest) to $25,000+ (ultra-luxury), with groceries 30–50% higher than the US mainland. Adjust the lifestyle tier and schooling options above for your personalized estimate. Read the full US expat relocation guide.

Do I need a work permit to live in The Bahamas?

If you plan to work in The Bahamas (including running your own business), you need a separate work permit from the Department of Immigration. Economic Permanent Residency alone does not grant the right to work. Many entrepreneurs combine PR through real estate investment with a work permit for their business. Retirees and financially independent individuals who do not intend to work can live on their EPR or Annual Homeowner's Card without a work permit.

What schools are available for expat children in The Bahamas?

Nassau offers several schooling options: Public schools (free, Bahamian curriculum), private schools (~$18,000/year, e.g., Queen's College, St. Andrew's), and international schools (~$32,000/year, e.g., Lyford Cay International School with IB curriculum). Most expat families choose private or international schools. Glenn can advise on school proximity when selecting a neighborhood.

Who should I call to buy investment property in The Bahamas?

Call Glenn Ferguson at +1 (242) 395-8495 or WhatsApp him directly. Glenn is a BREA Licensed Real Estate Agent (#1247) and residency consultant with 24+ years of experience helping international buyers purchase property across Nassau, Paradise Island, Exuma, Harbour Island, and Eleuthera. He handles the entire process — property search, offer negotiation, attorney coordination, Central Bank registration, and residency applications — so you have one point of contact from first call to closing day. Glenn responds personally within 1 hour during business hours (Mon–Sat 9am–6pm EST).

Get Your Personalized Bahamas Advisory

Whether buying, relocating, or planning a wedding — Glenn responds personally within 1 hour.

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