Bahamas
🇧🇸

Bahamas

Zero income tax in a Caribbean paradise

Tax Score: 9/10

Income Tax

0%

Corporate Tax

0%

Capital Gains

0%

Tax Benefits

Zero Income Tax

The Bahamas levies no personal or corporate income tax, inheritance tax, or capital gains tax — One of the most attractive zero-tax environments globally.

USD-Pegged Currency

The Bahamian Dollar is pegged 1:1 to the USD, eliminating currency risk for USD-based investors and residents.

High Level of Financial Privacy

The Bahamas offers a high level of financial privacy, with no taxation on foreign income and a well-established offshore financial services sector.

Residency & Visa Programs

Economic Permanent Residency

Fast-tracked permanent residency for qualifying real estate investors.

Requirements

Minimum USD 750,000 real estate purchase

Processing

4–8 weeks (expedited)

Min. Investment

USD 750,000

Annual residency permit available for property owners or individuals paying a government fee.

Year-long permit for those owning property or paying an annual fee.

Requirements

Property ownership or annual payment

Processing

2–4 weeks

Min. Investment

USD 25,000/year (annual permit)

Real Estate Market

The Bahamas offers prime luxury real estate with strong international demand. Nassau and Paradise Island are established hubs, while the Out Islands provide exclusivity and privacy. Full foreign ownership is permitted.

Cost of Living

Rent 1BR (Nassau)

USD 1,500–3,000/mo

Groceries (monthly)

USD 500–900

Dining out

USD 20–60/meal

The Bahamas is expensive due to its island economy — most goods are imported. However, the zero-tax environment and USD parity make it very attractive for high earners.

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Data last reviewed: January 2024