Luxury offshore living in the Bahamas
Offshore living on Grand Bahama Island offers easy access to south Florida, and a long list of privacy and financial advantages. Mosko Realty can help you with the Permanent Residency process and finding your new Grand Bahama luxury home.
About Bahamas Permanent Residency
For individuals in the international community seeking permanent residency in the Bahamas for asset and wealth management or lifestyle, a real estate investment is an excellent consideration and legal avenue to achieving this status.
A Permanent Residence Permit allows non-Bahamians to reside permanently in The Bahamas. This route is ideal for individuals looking to buy property, open a business or retire in The Bahamas. To qualify, applicants must fit in one of several eligibility categories, including “financially independent individuals or investors who are legitimate owners of a residence in The Bahamas.”
As one of the world’s premiere off-shore financial, banking, and tax-free jurisdictions, there are only a few things on which you pay taxes in The Bahamas. Capital gains, corporate earnings, personal income, inheritance and dividends are all tax-free. This applies not only to individuals, but also to all resident corporations, partnerships, and trusts. Tax advantages do not require that Bahamian residents remain in The Bahamas for any specific length of time in a given year.
The Bahamas prides itself as a sophisticated, international financial centre with over two hundred and fifty banks and trust companies licensed to do business within and from The Bahamas. Several different countries are represented within the Bahamas including the United Kingdom, Switzerland, France, the United States, Canada, Japan and Brazil.