Bahamas
What is the average cost of housing in Bahamas?
If you are thinking about moving to Bahamas, cost of living in probably a key consideration. Expats commented about the cost of housing...
"Much much much higher. It varies. USD 3,000 per month will get you a decent apartment. USD 7,000 per month will get you a big house," said another expat in Nassau, Bahamas.
"Most of the answers on this forum are from people living on New Providence. Look at other islands. You don't need to live in a gated community on Grand Bahama Island. Rent is reasonable compared to large urban areas in the US. The biggest difference is the taxes. No Income tax, no real estate tax (to a point), no inheritance tax. The VAT (10%) is about what most people pay for sales tax in the US. Duty on imported goods can be high, but that is the only downside that I have encountered," wrote a member who made the move to Bahamas.
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Other Questions:
- What do I need to know before retiring in Bahamas?
- How do I meet people in Bahamas?
- What is life like in Bahamas?
- Is there a lot of crime in Bahamas?
- Is there a lot of diversity? Are people in Bahamas accepting of differences?
- What are the schools in Bahamas like?
- Is the cost of living in Bahamas high?
- What advice do you have for expats having a baby in Bahamas?
- What are healthcare services like in Bahamas?
- Is the cost of living in Bahamas high?
- What type of recreational facilities are in Bahamas?
- What is the weather like in Bahamas?
- Are there good restaurants in Bahamas?
- Where will I buy groceries and do other shopping in Bahamas?
- What are the visa & residency requirements in Bahamas?
- Are healthcare and health insurance expensive in Bahamas?
- What do I need to know when buying property in Bahamas?
- Are foreigners allowed to own property in Bahamas?
- What appliances are typically included in a rental?
What is the average cost of housing 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 Digital Nomad Exchange 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 Digital Nomad Exchange, 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.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
