Grand Bahama, Bahamas
Last updated on Nov 13, 2024
Summary: Expats, digital nomads and retirees talk about what it is really like living in Grand Bahama, Bahamas. They offer advice about meeting people, cost of living, finding a home and more.
What do I need to know before moving to Grand Bahama?
When we asked people what advice they would give someone preparing to move to Grand Bahama, they said:
"Before moving to Grand Bahama, expats should know that the official language is English, making it easier for English-speaking expats to communicate. The cost of living can be high, especially in areas popular with tourists. The local currency is the Bahamian dollar, which is pegged to the US dollar, and US dollars are widely accepted. Expats should be aware that the Bahamas has a tropical monsoon climate, with a wet season from May to November and a dry season from December to April. The country is also prone to hurricanes, which usually occur between June and November. Healthcare facilities in the Bahamas are generally of a good standard, but the cost of healthcare can be high and health insurance is recommended. Expats should also be aware that some specific types of medication may not be readily available. The Bahamas has a relatively high crime rate, particularly in areas frequented by tourists. Expats should take precautions to protect their personal safety and belongings. When it comes to transportation, while there is a public bus system, it is not very reliable. Many expats choose to buy or rent a car for convenience. The Bahamas has a relaxed, laid-back lifestyle which can be a big adjustment for expats used to a fast-paced life. The local culture is friendly and welcoming, with a strong emphasis on family and community. Expats should also be aware that the Bahamas has strict immigration laws. Work permits can be difficult to obtain, and are usually granted only if the employer can prove that the job cannot be done by a Bahamian. Finally, expats moving to the Bahamas should know that while the country is beautiful and the lifestyle can be idyllic, it can also be isolating. It's important to make an effort to integrate into the local community and make local friends," said one expat in Grand Bahama.
How do I find a place to live in Grand Bahama?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Finding a place to live in Grand Bahama involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a small apartment to a large beachfront villa. Next, you should research the different areas of Grand Bahama to decide where you'd like to live. Some popular areas include Freeport, Lucaya, and West End. Each area has its own unique characteristics and amenities, so it's important to choose a location that suits your lifestyle and needs. Once you've decided on a location, you can start searching for available properties. There are several online real estate websites that list properties for rent or sale in Grand Bahama, such as Coldwell Banker James Sarles Realty, Engel & Völkers Bahamas, and Bahamas Realty. These websites allow you to filter your search by location, property type, price range, and other criteria. In addition to online searches, you may also want to consider hiring a local real estate agent. An agent can provide valuable insight into the local market, help you negotiate prices, and guide you through the legal process of renting or buying property in the Bahamas. Before making a decision, it's recommended to visit the property in person. This will give you a better idea of the property's condition, its proximity to amenities, and the neighborhood in general. Finally, once you've found a property you're interested in, you'll need to secure it. This usually involves signing a lease or purchase agreement and paying a deposit or down payment. Be sure to read any contracts carefully and consult with a legal professional if necessary. Remember, moving to a new country can be a complex process, so it's important to do your research and seek professional advice when necessary," explained one expat living in Grand Bahama, Bahamas.
What is a typical expat home or apartment like in Grand Bahama?
"A typical expat home or apartment in Grand Bahama, is often located in a gated community or a secure building, providing a safe and secure environment. These homes are usually spacious, with multiple bedrooms and bathrooms, a large living area, and a fully equipped kitchen. They often come furnished, with modern and comfortable furniture, and are designed to take advantage of the natural light and the stunning views of the ocean or the lush tropical landscape. Many homes also have outdoor spaces, such as balconies or patios, where residents can enjoy the warm weather and the beautiful surroundings. Some homes may even have a private pool or access to a community pool. The homes are usually equipped with air conditioning, given the tropical climate of the Bahamas. They are often located close to amenities such as shops, restaurants, and beaches, making it convenient for expats to enjoy their new lifestyle," explained one expat living in Grand Bahama, Bahamas.
What is the average cost of housing in Grand Bahama?
If you are thinking about moving to Grand Bahama, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Grand Bahama can vary greatly depending on the location and type of property. For instance, a modest home in a less touristy area might cost around a few hundred thousand dollars, while luxury beachfront properties can easily cost several million dollars. Therefore, it's difficult to provide an exact average cost, but it's safe to say that housing prices in Grand Bahama can range from affordable to extremely high-end," remarked one expat living in Grand Bahama, Bahamas.
Where should I setup a bank account in Grand Bahama?
We asked expats in Grand Bahama what banks they use and there advice about banking. They advised:
"Expats considering retirement in Grand Bahama should be aware of several key factors. Firstly, the cost of living can be high, particularly for imported goods due to import duties. Healthcare facilities are generally good, but for serious medical conditions, you may need to travel to Nassau or the United States. The official language is English, which can make the transition easier for English-speaking expats. The Bahamas has a tropical climate, with hurricane season typically running from June to November. Real estate can be expensive, but there are no property taxes. However, there is a one-time stamp duty on real estate transactions. The Bahamas has a residency program for retirees, which requires proof of financial independence. There is no income tax, capital gains tax, or inheritance tax in the Bahamas, which can be beneficial for retirees. The crime rate is higher than in some other Caribbean countries, particularly in Freeport and Nassau, so it's important to take safety precautions. Finally, while the Bahamas is a beautiful place with a relaxed lifestyle, it can also be a cultural adjustment. It's recommended to spend some time there before deciding to retire to get a feel for the pace of life and the culture," commented one expat who made the move to Grand Bahama.
What do expats in Grand Bahama appreciate most about the local culture?
"Expats in Grand Bahama often appreciate the warm and friendly nature of the local people. They love the laid-back, relaxed lifestyle that is a stark contrast to the hustle and bustle of city life. The rich history and vibrant culture, which is often showcased through music, dance, and festivals, is another aspect that expats find appealing. They also appreciate the strong sense of community and the way locals come together to help each other. The beautiful natural environment, including the pristine beaches and clear blue waters, is another aspect of the local culture that expats love. The local cuisine, particularly the seafood, is also highly appreciated by expats," said one expat who made the move to Grand Bahama.
What do expats find most challenging?
"Expats in Grand Bahama often find the slower pace of life challenging, as the local culture values a laid-back, relaxed lifestyle which can be a stark contrast to the fast-paced life they may be used to. The island time concept can be frustrating, especially when it comes to business transactions or getting things done in a timely manner. Language can also be a challenge, as while English is the official language, the local dialect can be difficult to understand at first. Another challenge is the high cost of living, as many goods are imported and therefore more expensive than in other countries. Adjusting to the local cuisine can also be a challenge for some expats, as Bahamian food is quite different from many Western cuisines. Lastly, while the Bahamas is generally safe, crime can be a concern in certain areas, and expats may need to take extra precautions to ensure their safety," remarked one expat who made the move to Grand Bahama.
Is there a lot of crime in Grand Bahama?
We asked people if there is a lot of crime. They answered:
"Like any other place, Grand Bahama experiences its share of crime. However, the crime rate varies depending on the area and the type of crime. The most common crimes reported are property crimes, including burglary and theft. Violent crimes such as assault and robbery are less common but do occur. The Bahamian government has implemented various measures to combat crime, including increased police presence and surveillance in high-crime areas. Tourists are advised to take standard precautions to protect their belongings and personal safety. Despite these issues, many residents and visitors feel safe and enjoy their time on the island," said one expat in Grand Bahama.
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.