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The Bahamas:  Freedom from Taxation

 

• No Property Tax

• No Capital Gains Tax

• No Sales Tax

• No Inheritance Tax

 

Investors are attracted by the islands' stable economy.  One reason for this is that the Bahamian Dollar is pegged to the US Dollar on a 1:1 ratio.

 

Quick Facts

 

• The Bahamas have over 270 years of democratic rule, making it one of the most politically-stable countries in the world.

• The Bahamas have the world's third-largest barrier reef.

• 14.5% of the world's coral can be found in the waters of the Bahamas .

• The Bahamas have the clearest water in the world, with over 200 feet of visibility.

 

 

Geography & Population

 

The Bahamas are made up of 700 islands which extend as far south as the Turks & Caicos – approximately 600 miles.  This 100,000 square mile archipelago begins approximately 50 miles east of West Palm Beach, Florida.  The two main cities on the islands are Nassau (the capital), located on New Providence Island, and Freeport, the second largest city located on the Grand Bahama Island.  There are just over 300,000 people living in the Bahamas today.

 

The Bahamas gained their independence from Britain in 1973