The Bahamas Ministry of Works oversees all development plans to ensure the highest standards of land use and construction. Building codes follow South Florida construction standards.
Individuals can purchase a home under an LLC (Limited Liability Company).
With an investment in real estate in The Bahamas, there are:
– No Income Taxes on revenue generated from property
– No Estate Taxes
– No Inheritance Taxes
A Permanent Residency Certificate can be achieved with a real estate investment.
As with any investment, buyers should consult with legal counsel and financial advisors.
Contact Paul Barton