The
Bahamas booming real estate sector provides an excellent investment
opportunity for those seeking healthy tax-free profits. In the
Bahamas there is:
- No Personal Income
Tax
- No Capital Gains
Tax
- No Business Tax
- No Estate Tax
|
- No Gift Tax
- No Inheritance
Tax
- No Death Duties
- No Employment
Tax
- No Sales Tax (VAT)
|
To
make things even better, Bahamian real estate is thriving, as
thousands of Americans, Europeans, and Asians are discovering
that this sub-tropical heaven is the best place to buy their
second home, investment property, or both.
The Bahamian government is giving high priority to making The Bahamas a quality
tourist destination, as well as the premier eco-sensitive island in the Caribbean.
"We have a unique product, come and seek for it. The pace and quality of the
life here are very attractive features. We offer a great island atmosphere, and
of course you can measure it by all foreigners who have already set up their
operations here, and who are extremely successful."
Mr. Laing, Minister of Economic Development (replace with other quote – investment
book).