Direct Answer: Why Choose Nassau / New Providence?
Nassau is the Bahamas’ strategic base for luxury living and relocation: fastest flights, top private communities (Albany, Lyford Cay, Old Fort Bay, Ocean Club Estates), international schools and healthcare, deep-water marinas, and strong property options. If you want convenience + privacy + a clear residency path, Nassau is the most practical place to start.
Residency criteria and timelines can evolve. I verify requirements directly with Immigration before submission so your plan is current and compliant.
FAQ — People Also Ask
Is Nassau a good place to live for families?
Yes. It offers private schools, healthcare, secure gated communities, and easy access to clubs, marinas, and flights. It’s the most convenient base in The Bahamas for day-to-day family life.
How does permanent residency work?
Several routes exist. Historically, substantial residential investment has been relevant for certain PR categories. Criteria and processing practices evolve, so I confirm the current requirements and timelines before any application.
Can new residents work in The Bahamas?
Some status types do not grant the right to work. Local employment typically requires a work permit or PR category that permits employment. We’ll match the correct route to your goals.
What about taxes?
The Bahamas does not levy personal income, capital gains, or inheritance tax. Other taxes/fees (e.g., VAT, duties, property-related) apply. Always consider your home-country obligations and get professional advice.
How quickly can I get set up?
Setup timelines depend on documentation quality, the route chosen, and volume. I provide a realistic schedule and handle sequencing so the process is smooth.
Can foreigners buy property in The Bahamas?
Yes. Foreigners can purchase property, and transactions are registered to secure your interest. I’ll guide you through title, due diligence, and closing so your position is protected.
What are closing costs and VAT on real estate?
Expect government VAT on conveyances plus legal and customary closing costs that vary by price band and property type. I’ll model your scenario so you know the full landed cost before offering.
Is hurricane insurance required and what does it cost?
Lenders typically require it; self-insured cash buyers often carry robust coverage. Premiums depend on construction type, elevation, and location. I’ll introduce trusted brokers for quotes.
What are the best international schools in Nassau?
Windsor School and Lyford Cay International School are leading options; placements work best with early applications. I coordinate intros and campus visits as part of your plan.
Do I need to invest $1M+ to be considered for Permanent Residency?
Thresholds and criteria are policy-driven and can change. I verify the prevailing guidance with Bahamas Immigration and advise the most suitable route for your profile and timing.
Is Nassau safe for families and retirees?
Gated communities provide controlled access and private security, with community protocols for residents and guests. I tailor community selection to your security expectations and lifestyle.
How long can I stay each year while my application is in process?
Length of stay depends on your status and documentation. I’ll structure visits and filings to keep you compliant while we move your application forward.
