Why do people move to Bahamas?
When we asked people why foreigners move to Bahamas, they responded...
"I believe the majority of foreigners are here for retirement and tax shelters. Many foreigners are here in the banking sector while others are here working in tourism," said another expat in Paradise Island, Bahamas.
"The Bahamas offers expats a chance to enjoy a sunny, tropical lifestyle with a vibrant social scene and stunning natural beauty. The cost of living is relatively low compared to other parts of the world, and there are no income or capital gains taxes. Expats living in the Bahamas will also find a safe and friendly environment with a stable and modern infrastructure and world-class medical care. The country also offers excellent education opportunities and an abundance of outdoor activities and attractions," 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?
Why do people move to 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.