The Bahamas is an archipelago with around 2,000 islands and cays with over 100,000 square miles of ocean. The culturally diverse islands have something to offer everyone. Known mostly for the mild weather, ranging from 70 degrees Fahrenheit in winter to 90 degrees Fahrenheit in summer, every island in The Bahamas offers year-round sun, sand, sea, and serenity. The stunning aquamarine waters and soft white and pink sandy beaches are among the best beaches in the world. The sunny weather and warm people are unmatched anywhere.
The Bahamas has established itself as the premier destination for visitors seeking fun in the sun and relaxation. Notable beaches include Treasure Cay Beach in Abaco, the beach at Old Fort Bay, and Cable Beach in Nassau. Other beaches that have received recognition are Shanna Cove on Cat Island, Gold Rock Beach on Grand Bahama, Cape Santa Maria Beach on Long Island, and Harbour Island Beach, where you can wiggle your toes in the famous pink sand.
The government in the Bahamas was established after achieving independence from Britain on July 10, 1973, remaining closely modeled after the Westminster style of government. As a Member of the Commonwealth of Nations, The Bahamas still recognizes Her Majesty Queen Elizabeth II as the Head of State.
Most Bahamians live on the island of New Providence, which is where the capital city, Nassau, is located and surrounded by the exclusive residential communities of Albany, Lyford Cay, Old Fort Bay, Ocean Club Estates, and Port New Providence.
The Bahamas is highly desirable for real estate as a primary home or an investment for many reasons:
- Amazing natural beauty with incredible aquamarine waters
- 50 miles from Florida provides ease of access to major North American markets
- A peaceful and stable democracy.
- An English-speaking population
- Skilled labor force in real estate, banking and law.
- Low tax environment and no taxes on capital gains, inheritance, corporate and personal income, dividends and interest.
- Independent nation with compliant legislation and consultative legislative approach.
- Modern infrastructure, public services and health care.
- Diversity of options from cosmopolitan Nassau to idyllic peaceful and tranquil untouched islands.
- Progressive legislation for development