Why do people move to Paradise Island?
When we asked people why foreigners move to Paradise Island, 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," commented one expat who made the move to Paradise Island, Bahamas.
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"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 another expat in Paradise Island, Bahamas.
Other Questions:
- What do I need to know before retiring in Paradise Island?
- What do I need to know before moving to Paradise Island?
- How do I find a place to live in Paradise Island?
- What is a typical expat home or apartment like in Paradise Island?
- What is the average cost of housing in Paradise Island?
- How do I meet people in Paradise Island?
- What should I pack when moving to Paradise Island?
- Where should I setup a bank account in Paradise Island?
- Will I be able to find a job in Paradise Island?
- What is life like in Paradise Island?
- What do people like (and dislike) about Paradise Island?
- What type of social life can someone expect in Paradise Island?
- What is the social scene like in Paradise Island?
- What advice to expats in Paradise Island have about housing?
- What are medical services in Paradise Island like?
- Are healthcare and health insurance expensive in Paradise Island?
- Is the cost of living in Paradise Island high?
- What are the visa & residency requirements in Paradise Island?
- Why do people move to Paradise Island?
Why do people move to Paradise Island?
If you live in Paradise Island, newcomers to Paradise Island would love to hear your answer to this question: