Buyer's Information


                  1)Can non-Bahamians own RE in the Bahamas ? 

                  Yes, since the International Landholding Act of 1993 was

                  passed into law, upon the completion of the RE transaction &

                  payment of Stamp Tax etc, registration of property with the

                  Investments Review Board will result in ownership of the

                  property.This registration will also allow the sale of the property.

                
2)Costs of Purchasing RE in the Bahamas                                                
                                                       Click HerePDF                          

                   
                          3)Property Tax      
                                     
(a)Residential Owner Occupied:
                                          First $250,000         exempt
                                         
$250,000 - $500,000 .75%
                                          
Over $500,000              1%   
                                         
Maximum not to exceed $35,000
                                    
(b)Vacant Land
                                          First $3,000                 $30
                                         
$3,000 - $100,000        1%
                                          Over
$100,000           1.5%
                                    
 (c)Commercial
                                         
First $500,000              1%
                                         
Over $500,000              2%

                 
4)Title Insurance
                 This insurance is available on all our properties upon request
                                              at the Buyer’s expense.