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Buying Investment Property in The Bahamas – What you need to know to buy a vacation home in The Bahamas – Call 1-(242)-395-8495 to Buy a Vacation Home in The Bahamas with Bahamas Real Estate Association Agent Nassau investment property bahamas

Buying a vacation home in The Bahamas – What you need to know to buy a vacation home in The Bahamas

Whether you are looking to buy a house in Nassau Bahamas, ocean club estates homes for sale, Old Fort Bay Homes for sale, Lyford Cay house for Sale, Paradise Island homes for sale, Sandyport homes for sale, Palm Cay Homes for sale, Caves Point condos for sale, Albany homes for sale, Cable Beach homes and condos for sale, beachfront homes and condos for sale, or a Private Island, our Bahamas Real Estate Specialist and Bahamas Residency Consultant Glenn Ferguson, can help.

Simply Call or WhatsApp Glenn directly at 1-(242)-395-8495 or go to investment property bahamas

Buying a Vacation Home in The Bahamas with Bahamas Real Estate Association Agent in Abaco

CAN FOREIGNERS BUY PROPERTY IN THE BAHAMAS?

Yes, foreigners can buy property in The Bahamas and the Government of The Bahamas welcomes investment from overseas buyers. There are no restrictions on foreign buyers acquiring real estate in The Bahamas and foreign buyers enjoy the same rights as Bahamian citizens, including the right to purchase beachfront land. Unlike other destinations in the Caribbean, a license or permit is not required, except for buyers purchasing over 2 acres, purchasing with the intent to rent out the property or purchasing for commercial development.

BUYING PROCESS

Buying property in The Bahamas is a relatively simple process, which typically involves the following steps:

1. Begin your property search.

2. Find your perfect property and make an offer.

3. Once you have made an offer on a property and that offer has been accepted, we would recommend that you seek advice from a local lawyer to ensure all title documents are in order.

4. A sales contract will be drawn up and, once agreed and signed, you will need to pay a 10% deposit.

5. Buyer to transfer the balance of the purchase price and pay all required taxes.

6. Non-Bahamians should register their investment with the Exchange Control at the Central Bank of The Bahamas to ensure that on resale they will be able to remit the net proceeds of the sale outside The Bahamas in the currency of the original investment.

Buying a Vacation Home in The Bahamas with Bahamas Real Estate Association Agent in Abaco

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Homes for Sale in The Bahamas
West Bay Street SP 60592 Nassau N.P, Bahamas
1-(242)-395-8495
https://www.homesforsaleinnassaubahamas.com/ask-glenn-bahamas-real-estate-questions