The Bahamas has long been a dream destination for international property buyers. With stunning beaches, a relaxed lifestyle, and tax advantages, it’s no wonder high-net-worth individuals are looking to invest here. But can foreigners really buy property in The Bahamas? Absolutely. Here’s everything you need to know in 2025.
Can Foreigners Buy Property in The Bahamas? Yes. Foreigners can legally purchase real estate in The Bahamas. There are no restrictions on foreign ownership, whether for residential or commercial purposes.
Registration Requirements: Foreigners purchasing property over $250,000 must apply for a permit with the Investments Board. Purchases under this amount only require registration.
Buying Process Overview:
- Choose a property
- Hire a Bahamian attorney
- Conduct title search
- Make an offer and sign the sales agreement
- Close the deal (usually 2-3 months)
Costs Involved:
- Stamp Duty: Split between buyer/seller (typically 10%)
- Legal Fees: 2.5% of purchase price (approx.)
- VAT: Included in stamp duty for most purchases
Why Foreign Buyers Are Drawn to The Bahamas:
- No income, capital gains, or inheritance tax
- English-speaking legal system
- Proximity to the US (1-hour flight from Miami)
Conclusion: Foreigners can confidently invest in Bahamas real estate. With legal support and local expertise, owning your slice of paradise is well within reach.