Individuals who purchase real estate in The Bahamas are entitled to a Home Owner Resident Card, which allows unlimited entry into the country and allows the owner, spouse, and children to remain in the country for the duration of the validity of the card.

There is no income tax, capital gains tax, VAT, sales or wealth tax in The Bahamas. Purchasing a property in The Bahamas also entitles you to apply for a “homeowner’s card”, allowing you to reside in your property for as much of the year as you like.

The tax haven status of The Bahamas has made the islands an attractive place for buyers to seek both first and second homes.