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 Here PDF

  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%
$100,000 1.5%
First $500,000 1%
    Over $500,000 2%

4)Title Insurance
   This insurance is available on all our properties upon

   request at the Buyers expense.