Moving to Paradise Island, Bahamas
Last updated on Jul 10, 2023
Summary: Expatriates are drawn to Paradise Island, Bahamas for its stunning beaches, crystal-clear waters, and vibrant culture. The island is also known for its luxurious resorts, world-class golf courses, and vibrant nightlife. Additionally, Paradise Island is home to a variety of outdoor activities, such as snorkeling, fishing, and sailing. Before moving to Paradise Island, it is important to be aware of the cost of living, which is higher than in many other Caribbean islands. Additionally, the island is subject to hurricanes and tropical storms, so it is important to be prepared for these events. It is also important to be aware of the local laws and customs, as well as the availability of medical care and other services. Finally, it is important to research the job market and the availability of housing before making the move.
What do I need to know before moving to Paradise Island?
When we asked people what advice they would give someone preparing to move to Paradise Island, they said:
"Before moving to Paradise Island, it is important to research the cost of living and the availability of accommodation, services and transportation. You should also familiarize yourself with local laws and customs, and obtain necessary permits or visas if required. Additionally, it is essential to plan for any medical needs and consider what healthcare insurance might be required. With Paradise Island being a tropical destination, you may also need to prepare for strong sun and to be aware of risks such as hurricanes, potential flooding and the risk of mosquito-borne illnesses such as Zika, dengue fever and malaria. Being aware of the local culture and language are also recommended. Finally, researching the local job market can help you be better prepared for life on Paradise Island," replied a member in Paradise Island.
"Use these types of forums to ask questions. Use the internet to explore. Google maps was very helpful. Our process was 10 months from first interview, so we had plenty of time to research, neighborhoods, schools and shopping areas. That said, nothing can prepare you for being on the ground. If you can get the chance to do some recon, do it," commented one expat who made the move to Paradise Island.
How do I find a place to live in Paradise Island?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"We used a couple online real estate agents: Dupuch and Paradise Island living. Looking for anything on Paradise Island close to Atlantis," remarked one expat who made the move to Paradise Island.
"There are many rental and housing options available in Paradise Island. You can head to a rental agency or visit local real estate websites to start your search. It is also possible to find furnished short-term lodging through Airbnb or other short-term rental websites. You can also check notices posted at public locations in the area such as churches, bus stops, convenience stores, and post offices. Networking with friends and family living in Paradise Island may help as well as asking locals for referrals on accommodations," explained one expat living in Paradise Island, Bahamas.
What is a typical expat home or apartment like in Paradise Island?
"It is like an old beach house transformed into everyday living. They are all sharing walls but not duplexes or town homes. Similar to a one story condo. Several expats live in the area," remarked one expat who made the move to Paradise Island.
"A typical expat home or apartment on Paradise Island would typically be a luxury residence featuring spacious, modern interiors and expansive outdoor living areas. Amenities can include swimming pools, outdoor barbeque areas, gymnasiums, tennis courts and other facilities. Located close to the beaches on the tropical island, many homes also boast spectacular views of the ocean and lush greenery. With easy access to excellent bars and restaurants, shopping centers, spas and other recreational activities, Paradise Island is the ideal place for luxury expat living," explained one expat living in Paradise Island, Bahamas.
What is the average cost of housing in Paradise Island?
If you are thinking about moving to Paradise Island, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Paradise Island varies depending on the type of housing desired, but generally ranges from moderate to expensive," said one expat who made the move to Paradise Island.
"Rent is about the same but utilities far surpass what we were paying in UAE. That says a lot. I'd say average power bill is $500 month with summer months peaking at $750 and water bills average $150. We do have a private small pool which adds to the cost of both," explained one expat living in Paradise Island, Bahamas.
Should I buy or rent a home in Paradise Island?
If you have not spent a lot of time in Paradise Island, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"When deciding whether to buy or rent a home in Paradise Island, there are many factors to consider. Renting gives you the flexibility to move quickly and easily when needed as well as not having to worry about maintenance and repairs. On the other hand, buying a home in Paradise Island provides you with an asset that can appreciate in value, as well as possible tax benefits, and a sense of permanency. Ultimately the best decision for you will depend on your financial situation, budget, and long-term goals," said one expat in Paradise Island.
What should I pack when moving to Paradise Island?
We asked people living in Paradise Island to list three things they wish they had brought and three they wish they had left behind. They responded:
"Clothing appropriate for hot, humid weather, swimwear, sunscreen, hats, sunglasses, sandals and comfortable shoes, insect repellent, rain gear, personal toiletries, important documents, a first-aid kit, any medications, an international adapter, beach towels, books, entertainment, and a camera," said one expat in Paradise Island.
"I wish I had brought climate friendly work clothes, tech friendly items like chromecast/ firestick/ routers and tools. I wish I had left kitchen utensils and luggage items," said one expat who made the move to Paradise Island.
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William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
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What cultural faux pas should I try to avoid making in Paradise Island?
We asked people in Paradise Island if they could share any humorous cultural blunders they commited. For new expats, keep in mind that these incidents are an inevitable part of expat life. Learning to laugh about them is the key!:
"Some key cultural faux pas to avoid on Paradise Island would be refraining from taking photos without permission, dressing inappropriately or disrespectfully according to local customs, not respecting public spaces, or using inappropriate language or gestures. It is also important to research and respect local taboos, accepting offers of food or drink without questioning it, engaging in activities that may offend the local culture, and touching religious artifacts without permission from the relevant authorities," said one expat who made the move to Paradise Island.
Why do people move to Paradise Island?
When we asked people why foreigners move to Paradise Island, they responded:
"Expats are attracted to move to Paradise Island, due to its stunning natural beauty, with pristine white sand beaches and crystal-clear turquoise waters. The island offers a relaxed and laid-back lifestyle, allowing expats to escape the hustle and bustle of city life. The warm and sunny climate is another major draw, with year-round sunshine and mild temperatures. Additionally, the Bahamas has a favorable tax environment, with no income, capital gains, or inheritance taxes, making it an attractive destination for those looking to protect their wealth. The friendly and welcoming local community also makes it easy for expats to integrate and feel at home. Furthermore, Paradise Island boasts a range of luxury amenities, including world-class resorts, fine dining, and high-end shopping, ensuring a comfortable and enjoyable lifestyle for expats," remarked one expat in Paradise Island.
"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," wrote one expat living in Paradise Island.
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SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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How are healthcare services Paradise Island?
When we asked expats and global nomads about the quality of medical care in Paradise Island, they replied:
"Regardless of coverage, ensure you have the ability to travel to US for any major care needs. There are many private practitioners but only two hospitals. One is for people without insurance (Princess Margaret) and the other is for people with insurance (Doctors Hospital). Ask around in your community for reliable local providers, especially for kids. We found some incredible providers this way for our children," stated one expat who made the move to Paradise Island.
"Healthcare services in Paradise Island, are limited but accessible to residents and tourists. The island has a few private clinics and medical centers that offer primary care, emergency services, and minor surgical procedures. For more specialized treatments and advanced medical facilities, patients need to travel to the nearby city of Nassau, which has several well-equipped hospitals and medical centers. These facilities provide a wide range of services, including diagnostics, surgery, and specialist consultations. Additionally, there are pharmacies on Paradise Island where visitors can access prescription medications and over-the-counter drugs. It is essential for tourists to have comprehensive travel insurance that covers medical emergencies and repatriation, as medical costs can be high in the Bahamas," remarked one expat in Paradise Island.
What are medical services in Paradise Island like?
When we asked expats and global nomads about the quality of medical care in Paradise Island, they replied:
"Medical services in Paradise Island are generally of good quality, with access to well-equipped clinics and hospitals. The island has a number of private medical facilities, staffed by qualified doctors and nurses who can provide routine medical care, emergency services, and dental care. However, for more specialized treatments or serious medical emergencies, patients may need to be transported to Nassau or even to the United States. It is important for visitors to have comprehensive travel insurance to cover any potential medical expenses, as healthcare costs can be high. Pharmacies are also available on the island, but it is recommended to bring any necessary prescription medications from home," replied one expat when asked about moving to Paradise Island.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat 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.
Additional Information:
- Expat Guide to Paradise Island
- Healthcare & Health Insurance in Paradise Island
- Health Care in Paradise Island
- The Insider's Guide to Paradise Island
- Healthcare & Health Insurance in Bahamas
- Best Places to Live in Bahamas
- How to Rent a Home in Bahamas
- Pros and Cons of Living in Bahamas 2024
- 2024 Guide to Moving to Bahamas