There are roughly 50 international and private schools in the Bahamas for foreign-born residents to choose from. Sellers usually pay the agent’s commission, charged at 6 per cent for developed properties and 10 per cent for undeveloped homes or vacant land. Property taxes are levied at a maximum rate of 1 per cent for properties worth more than $500,000, and stamp duty (which is split between the buyer and seller) ranges from 2 per cent to 10 per cent. Property purchasers are eligible for an annual Home Owners Resident Card, and those buying a property valued at $500,000 and above are given priority in permanent residence applications. There are no restrictions on foreigners buying property in the Bahamas. Buying, Owning Or Selling Property In The Bahamas The island – just an hour’s flight from Miami - attracts a broader range of nationalities than other Caribbean nations, with the westerly islands of New Providence and Paradise Island being the focus of tourist industries.īeyond tourism, a fifth of the island's GDP comes from the financial services sector, while the nation boasts the third-largest shipping registry globally. The laid-back pace of life is a compelling draw for prospective residents, while its favourable tax system is attractive for working families. Once first activity of your overall booking is taken, any unused portions are not refundable. In any case where services cannot be rendered, or customer cancels reservations due to Acts of God, war, civil commotion, fire, flood or other casualty, government border closures, unusually severe weather, hurricanes, or a world health crisis such as a pandemic, Stuart Cove’s reserves the right to amend the aforementioned cancellation policy, and offer a credit voucher rather than refund.From the bustling capital city Nassau through to secluded, idyllic islands, property in the Bahamas offers paradise in countless ways. Any change to the itinerary will be re-priced at the current available pricing and penalties/ administrative fees may apply. Stuart Cove’s activities are non-transferrable. Cancellations made inside of 24 hours of activity date (and No Shows) are non-refundable. RENTAL EQUIPMENT: Cancellations made prior to 24 hours before activity date will be refunded less an 8% administrative processing fee. Cancellations made inside of 3 days of activity date (and No Shows) are non-refundable. PRIVATE CHARTER BOATS: Cancellations made prior to 3 days before activity date will be refunded less an 8% administrative processing fee. Cancellations made inside of 7 days (and No Shows) are non-refundable. SHARK DIVES & SNUBA: Cancellations made prior to 7 days before the activity date will be refunded less an 8% administrative processing fee. I understand that activity pricing includes a non-refundable administrative processing fee, and hereby agree to the charges as shown and to the cancellation policies:ĭIVES & SNORKEL: Cancellations made prior to 24 hours before activity date will be refunded less an 8% administrative processing fee. Cancellations made inside of 24 hours of activity date (and No Shows) are non-refundable. By purchasing, you agree to the following cancellation & refund policy:
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