Are foreigners allowed to own property in Bahamas?
When we asked expats in Bahamas if foreigners are allowed to own property, they answered...
"Yes, foreigners are allowed to own property in the Bahamas. The process of purchasing property in the Bahamas is relatively straightforward and open to foreign buyers. The government has put in place a number of measures to ensure that foreign buyers are able to purchase property in the Bahamas without any difficulty. Foreigners are required to obtain a permit from the government before they can purchase property in the Bahamas. The permit is issued by the Ministry of Immigration and is valid for a period of one year. Once the permit is obtained, the foreign buyer can proceed with the purchase of the property," commented one expat who made the move to Bahamas.
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- Are foreigners allowed to own property in Bahamas?
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Are foreigners allowed to own property in Bahamas?
If you live in Bahamas, newcomers to Bahamas would love to hear your answer to this question:
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.