What do I need to know before retiring in New Providence?
When we asked people what advice they would give someone preparing to move to New Providence, they said...
"Really take a close look at the cost of living before deciding. Everything is much more expensive here then it would be in most parts of the world. As an example a car here will cost about double the value in the USA. If you import it they add 75-80% duty on the value they determine (along with all the freight costs it quickly gets to 100% on top of the value) and if you purchase here the prices are already about double the price in the USA to begin with. Rent, Water and electricity are also very expensive here. This is not a location you would come to in order to lower your cost of living and "stretch" your salary but if you can afford the high cost of living the weather, beaches and people are quite inviting," mentioned another expat when asked about moving to New Providence, Bahamas.
"Before retiring in New Providence, it is important to become familiar with the cost of living in the area, consider health care options, review the country's taxation policies, understand the visa requirements, research the availability of activities and amenities, and familiarize yourself with the local culture, transportation options, and climate. It is also important to take into account any special needs you or your family might have and to research the availability of any public or private services or benefits. Additionally, if you plan to open a business or purchase property in New Providence, it is essential to research the applicable laws and regulations," commented one expat who made the move to New Providence, Bahamas.
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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.
William RussellWilliam 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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Other Questions:
- What should I pack when moving to New Providence?
- Where should I setup a bank account in New Providence?
- Will I be able to find a job in New Providence?
- What is life like in New Providence?
- What do expats in New Providence appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in New Providence?
- Is there a lot of diversity? Are people in New Providence accepting of differences?
- What are the schools in New Providence like?
- What are healthcare services like in New Providence?
- What are medical services in New Providence like?
- Are healthcare and health insurance expensive in New Providence?
- What are emergency services like in New Providence?
- Will I need to travel to see a specialist?
- Are common prescription medications available in New Providence?
- How are local medical facilities in New Providence?
- As a foreigner living in New Providence, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
What do I need to know before retiring in New Providence?
If you live in New Providence, newcomers to New Providence would love to hear your answer to this question.
