Are foreigners allowed to own property in Bahamas?
When we asked expats in Bahamas if foreigners are allowed to own property, they answered...
"Yes, foreigners are allowed to own property in the Bahamas. The process of purchasing property in the Bahamas is relatively straightforward and open to foreign buyers. The government has put in place a number of measures to ensure that foreign buyers are able to purchase property in the Bahamas without any difficulty. Foreigners are required to obtain a permit from the government before they can purchase property in the Bahamas. The permit is issued by the Ministry of Immigration and is valid for a period of one year. Once the permit is obtained, the foreign buyer can proceed with the purchase of the property," explained one expat living in Bahamas.
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Are foreigners allowed to own property in Bahamas?
If you live in Bahamas, newcomers to Bahamas would love to hear your answer to this question:
About the Author
Betsy Burlingame is one of the founders of InternationalTravel.ai and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and InternationalTravel.ai, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.