The islands of The Bahamas have been hailed the world over for their incredible beauty and tranquil serenity. For most people they represent an ideal vacation destination, but for others they represent an ideal location for a second home.
Since the enactment of the International Persons Landholding Act in 1993, foreign nationals have been encouraged to make the islands of the Bahamas their home. The Act outlines the requirements needed for non-Bahamians to purchase property in The Bahamas.
No permits or lengthy red-tape processes are required. The purchase need only be registered with the Secretary to the Investments Board and the Register General's Department, along with proof of ownership, payment of property stamp tax and the respective processing fees.