Why do people move to 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," said another in Paradise Island, Bahamas.

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With Cigna Global Health Options, you can create an international health insurance plan that's perfectly tailored for the needs of you and your family. We provide the reassurance of comprehensive core cover, and the flexibility of adding as many extra benefits as you want to ensure you have a plan perfectly suited to your needs.
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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," explained one expat who made the move to Paradise Island, Bahamas.