The advantage of living in new providence over the family islands

In addition, the value-added tax on goods and services is relatively low and basic necessities like milk and bread, for example are exempt from VAT.

Moving to eleuthera bahamas

With WTO coming on board, it is important to know that the Contractors Act , once enacted, would prove to be very beneficial on a regulatory basis. Getting a Long-Term Work Permit If you wish to work in the Bahamas for more than 90 days, you need to secure a long-term work permit. The bulk of the Bahamian expat community is made up of wealthy Americans who have chosen the country for its weather and tax benefits. Particularly in Nassau and Grand Bahama, new hospitals and healthcare facilities have opened and are providing high quality care. Reading example essays works the same way! Community clinics and satellite clinics provide medical care to people living on the Out Islands. A little less glamorous, but just as convenient, are the local ferries which operate between the islands, operated by Bahamas Ferries.

Advice for the Housing Search Before renting a house or apartment, bear in mind that hurricanes and tropical storms frequently cause major damage on the islands. The population of the individual islands ranges from less than up to 11, so there is certainly variety among them.

The advantage of living in new providence over the family islands

A problem that the Bahamian tourism product faces is that it is becoming less competitive to regional tourist markets. The Bahamas do not have a national health insurance scheme expats can contribute to. This could turn into a more sustainable economy for outer islands. The Bahamas is also in a position where it has 14 inhabited islands that are some miles apart, which means that resources differ for outer islands versus more booming island economies such as New Providence, Abaco, Exuma and Grand Bahama. Nassau, on the island of New Providence, offers the only real selection when it comes to shopping, banks and other amenities. The crime rate has gone up significantly in the last few years, and, although it showed signs of decline in , it is important to take care when you are out in public. The economy also relies heavily on tourism and financial services, which are ever-changing industries due to global trends, particularly in a digital era. Living in The Bahamas: Pros and Cons There are advantages and disadvantages to living in The Bahamas, just as there are in every other country in the world. As the standard of living in The Bahamas is quite high, real estate in the country also tends to be on the more expensive side of average. Tourism is the main source of income on the bigger islands, so they receive many visitors every year. While education is compulsory for children between the ages of 5 and 16, most kids in the Bahamas also attend some sort of preschool.

The Out Islands in particular offer some good quality secondary education. Island life typically unfolds at a much slower pace than in many North American and European countries.

Moving to the bahamas

Becoming a Permanent Resident Do you dream of moving to the Bahamas to get away and living off the grid for good? However, you should make sure to visit different schools in advance, gather information on their educational programs, and talk to other expat parents. Needed infrastructure repairs and improvements are painstakingly obvious; the Family Islands suffer a great deal. Housing may therefore be hard to find and the rents are usually quite high. Throughout these five years, kids attend a three-year junior high school course, followed by a two-year senior high school course. Pro: Low Taxes The Bahamas is known the world over as a tax haven. To protect the anonymity of contributors, we've removed their names and personal information from the essays. This list of average prices should give you a rough estimate of the cost of living in The Bahamas: Utilities are significantly more costly in The Bahamas. Traffic moves on the left-hand side of the road, but many cars are imported and, therefore, left-hand drive. What hooks you? This position is hereditary and the governor general is appointed by the monarch.

One way of doing this is to stop offering a lot of concessions to foreign construction companies. We make it easy! If the cost of coming to The Bahamas is too high, then less tourists are inclined to visit.

living in eleuthera bahamas

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WTO: What it means for the Family Islands, pt. 1