Our main advantages

Buying or selling a home doesn’t have to be a hair-raising experience. We known for savvy negotiations, cutting-edge marketing techniques, extremely positive outlook, and uncompromising integrity and honesty. We puts our clients at ease by walking them through the process from start to finish.

Our services for Buyers include:

A one-on-one discussion with a real estate coach to discuss your goals
A customized blueprint detailing a home buying approach that meets your timeline, location, and financial standards
A private driving tour of neighborhoods to help you find the perfect location of your new home
Providing ongoing real estate coaching and useful information including help with homeowners insurance and negotiating taxes
Putting you in touch with the best service providers to make sure that your home is ready for you to settle in
Lifetime support for all your real-estate related needs

You have questions? We are happy to answer them

Investments

Why should I invest in the Bahamas?

A politically stable environment conducive to private investment
An atmosphere where investments are safe and the expropriation of investments capital is not a considered option;
A legal environment based on a long tradition of Parliamentary Democracy, the rule of constitutional and statue laws and where the security of life and personal property is guaranteed;
A stable macroeconomic environment bolstered by a prudent fiscal policy, a stable exchange rate, flexible exchange control rules, and free trade;
An environment in which freedom from Capital Gains, Inheritance, Withholding, Profit Remittance, Corporate, Royalties, Sales,l Personal Income, Dividends, Payroll, and Interest Taxes are ensured;
Essential public service, an adequately equipped police constabulary, modern health, and education facilities and other social services;
Dependable Public Utilities; and
Essential Public Infrastructure such as roads, ports, and airports.

There are incentives to persons for choosing The Bahamas for this purpose as well. Overseas investors may acquire residential properties in The Bahamas of up to two acres without prior government approval. Additionally, persons who purchase a home in The Bahamas valued at $1.5 million or more may receive accelerated consideration of their application for Permanent Residency in The Bahamas. These are processed within a period of 21 days.

Government Stamp Duty (Paid At Closing, Generally split 50/50 between buyer and seller)

Value of consideration Stamp Duty

$0 - $20,000 2.5%

$50,000-$100,000 2.5%

Greater than $100,000 10%

Property Tax

In respect of owner-occupied property:

The first $250,000 of market value is tax exempt

More than $250,000 and not exceeding $500,000 of market value is ¾%

More than $500,000 and not exceeding $5,000,000 of market value is 1%

More than $5,000,000 of market value is .25%

In respect of unimproved property other than unimproved property exempt by virtue of Section 39 of the Real Property Tax Act:

First $7,000 of market value is $100

More than $7,000 of market value is 2%.

In respect of any other property:

First $500,000 of market value is 1%

More than $500,000 of market value is 2%

So, How’s the Market Anyway?

It's never been a better time to buy! Perhaps thanks to its favourable property ownership laws for foreigners, the Bahamas is often considered to be the most stable real estate market in the Caribbean. It’s been it’s been ranked #1 by Global Property Guides (GPG) long-term real estate investment ranking.

Buying costs can be very high in Bahamas

Round-trip transaction costs, i.e., the cost of buying and selling property, range from 9.10% to 25.50%. The huge range is partly due to the progressive nature of Stamp Duty, which ranges from to 2% to 10%.

The high transaction costs are also due to the (very high) agent's commission, usually paid by the seller.

Commission for real estate agents in the Bahamas are set by The Bahamas Real Estate Association. The real estate agent’s fee is 6% for developed properties and 10% for undeveloped properties or vacant land.

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