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Things You Should Know Before Moving to the Bahamas

Posted Country Guides / June 14, 2013

Moving to the Bahamas is far from a bad idea, especially if you like spending your time enjoying a scenic view of the sea and the white sand beaches (and who doesn’t?). But if you are having doubts about the cost of living, necessary vaccinations, and the quality of the school system, it’s only natural given the complex nature of an international move.

To get a clearer picture of what you can expect after relocating to these paradise islands and how to live in another country, we will elaborate on the requirements, as well as everything else that might interest you. There are a few things to know about this island nation before you move overseas, such as its economic situation and employment opportunities, visa requirements, the housing market, and so much more.

A Few Facts First Before You Employ an Overseas Shipping Company

When you plan to live abroad, it’s best to learn a few facts about your destination country first. The Commonwealth of the Bahamas is composed of about 700 islands located some 300 miles southwest of Florida, surrounded by Cuba, Haiti, and the Dominican Republic. The capital city of Nassau, on the isle of New Providence, is home to the vast majority of the nation’s population. Only 30 of the islands are actually inhabited in the entire archipelago that stretches over 500 miles in the Atlantic Ocean.

What Caribbean Island Should You Choose to Live On?

Depending on your requirements for moving abroad, you can opt for vibrant areas, foodie hub spots, or tranquil beaches where you can enjoy a laid-back atmosphere. That said, several different locations can provide you with different experiences and amenities, such as:

  • New Providence – Home to 70% of the total population and the capital city of Nassau – it is the nation’s commercial, financial, and tourist hub.
  • Paradise Island – With many luxury condo developments and plenty of dining spots just off the shore of Nassau, it is considered a high-end resort center.
  • Freeport – As the second-largest city of the so-called “Sleeping Giant,” it features mesmerizing beaches, casinos, resorts, and modern infrastructure. It is also a popular place among filmmakers.
  • Family Islands – When you exclude the two largest islands, New Providence and Grand Bahama Island, what is left of The Bahamas are some 700 islands, also known as the Out Islands. If you’re longing for some solitude, privacy, and peace, you can find it all here.

Yet, getting a permanent residency or citizenship is not as easy as one could think. So, before you start packing your luggage for international moving by sea, you should be familiar with the requirements for a legal stay and employment here.

A Short Guide to Citizenship and Residency Before You Invest in Shipping Overseas

If you’re coming from the US, your entry will go smoothly. But, at the moment of arriving, you are obliged to meet some of the country’s requirements:

  • Complete an Immigration Arrival Card,
  • Submit your criminal track record,
  • Prove your monetary stability.

If you don’t have Bahamian relatives or family, you still can gain legal residency, which includes the following options:

  • Buy a house,
  • Permanent residency is possible but can take years to qualify for,
  • An annual residency permit for $100 per year.

For Bahamian citizenship, you must fit into one of the four categories:

  • Married to a Bahamian resident,
  • Born in the Big Yard,
  • Have Bahamian parents,
  • A legal resident of the country for at least ten years.
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What Is the Cost of Living in the Bahamas

In the capital, Nassau, many things may seem pricey – after all, it is the beating heart of the entire nation. Still, you can find plenty of things here that are less expensive than elsewhere, like medical or dental care. Here’s a list of average prices that should give you a rough estimate of the cost of everyday life:

  • Utilities: $250-$300 monthly for electricity, heating, cooling, and water,
  • Public transport: $47 per month,
  • Taxis: $60/hour,
  • Eating outside: $8-$70,
  • Health insurance: $50-$250.

Should You Buy or Rent a Home When Moving Abroad?

Depending on your needs and budget, you can rent an apartment or buy land or a home. According to Expatistan, an online cost of living calculator, monthly rent for a 900 sqft furnished accommodation in a high-end area is around $2,500, while the same kind of accommodation in a normal area can be found for $1,500.

When it comes to real estate prices, for an apartment in the center of Nassau and other major cities, you’ll have to pay around $170 per square foot. The mortgage interest rate is 6.66% annually for a 20-fixed rate.

Get To Know Healthcare and Education Before Moving Internationally

One of the most critical things you should look into before relocating is the health and education system. In the capital, Nassau, medical care is excellent, while on the smaller islands, you can’t expect the same level of professionalism and health services. Also, consider health insurance, since you’ll have to pay in advance both for public and private services.

If you’re moving with kids to this tropical paradise, you’ll be happy to hear that they will get a solid schooling background. There are several options you can opt for when it comes to enrollment:

  • Public schools,
  • Private (usually belief-related,)
  • International (these schools are generally the first choice among expat communities.)

However, keep in mind that the best schools are situated in Nassau and Grand Bahama, so if you’re relocating with children, start thinking about your living place on time.

Does Moving to the Bahamas From the US Sound Exciting? Here Are Some Additional Things to Know

If your dream is to relocate to some tropical island crammed with beautiful beaches and friendly people speaking English, then you should stop dreaming and cut to the chase. There are many additional reasons for making the Bahamas your home port. People usually experience this archipelago as visitors, never discovering its countless wonders and natural beauties. Besides, it could be a perfect spot for privacy and anonymity if you become tired of the hustle and bustle of huge cities.

Relocating to the Bahamas Because of the Perfect Climate

If you’re yearning for all four seasons during the year, then this island is not for you – with average daily temperatures between 80 to 85 degrees Fahrenheit in the summer and 70 to 78 degrees in the winter, it’s perfect for sun lovers. However, rainy periods are to be expected, since it’s a subtropical climate.

With white and sometimes even pink sand beaches and clear aquamarine water, this tropical paradise can provide you with plenty of activities including swimming, diving, snorkeling, kite-boarding, surfing, kayaking, and shark encounters, as well. If this sounds appealing to you, consider purchasing an island home or beachfront property and enjoy your tranquil paradise.

Moving Overseas Is Easier Because of the Close Proximity to the US

Another advantage of relocating to the Sleeping Giant as a US expat is the proximity to the motherland. Furthermore, it is served by all major carriers, which makes this island easily accessible from anywhere.

Traveling from the US and Canada is relatively straightforward since the islands boast 24 international airports. If you live in the southern US, your flight to the Sleeping Giant can take less than an average city commute.

Bahamas Immigration Is a Great Choice for Those Who Plan International Moving and Investing

If you’re looking for a place with investment-friendly policies, the Sleeping Giant might be the right choice, as there are:

  • No income tax,
  • No inheritance tax,
  • No taxes on capital gains, corporate earnings, sales, or dividends.

If you’re considering investing in the Bahamian real estate market, there are particularly great benefits for American citizens. That being said, in some instances, companies or individuals can save up to 35% on a relatively small investment.

Moving for Work – a Job Is Waiting for You If You’re a Doctor or Teacher

Investments by some US industries are desirable in this tropical country, such as manufacturing production, insurance, services, etc. But, if you’re planning on moving internationally for a job as an individual, don’t worry. Plenty of positions are waiting for skilled workers. Furthermore, since only your future employer can apply for your work permit, having a job is an issue of paramount importance.

So, what job opportunities should you expect when relocating here? The need for medical experts and teachers is consistent. In addition, since the economy is tourism-based, most people are employed in the tourism or international banking sector.

Here’s a short list of the sectors you should take into consideration when looking for a job:

  • Tourism,
  • Financial sector,
  • Construction and manufacturing related to the tourism sector.

A Strong Economy and a Stable Government Make This Place a Great Home for Americans Working in the Bahamas

Are you wondering about how economically reliable the Bahamas are? Well, it’s enough to say that the Bahamian dollar matches the US dollar. Also, thanks to the tourism, service, and finance industries, the Bahamian economy is stable and strong. With a long tradition of democracy, this place might be a perfect environment, and one of the best countries for Americans to move to, regardless of whether you’re moving as a retiree, a young professional, or a new parent.

Hire an Overseas Moving Company and Embrace Vacation as a Lifestyle

Today, the quality of one’s life depends on many factors: job, cost of living, commute time, personal needs, etc. Trying to keep up with this fast-paced lifestyle tends to leave you with no free time for leisure.

Moving to the Bahamas could be the best way to break out of a vicious cycle. In addition to a laid-back ambiance, local specialties, mind-boggling beaches, and friendly people, this country is so close to the US and offers plenty of work opportunities. Don’t worry about prices, since this tropical piece of heaven is suitable for every budget. You can find reasonably-priced options for you and your family regarding healthcare, schooling, housing, utilities, etc. Just make sure to do thorough research when it comes to relocating and adjusting to a new country.

Being in a position to plan your day in accordance with your desires and have the possibility to relax and enjoy the best beaches on the globe is something worth trying. So, why not get down to work and fulfill your dreams?

FAQ

What Is the Process for Obtaining a Visa to Move to the Bahamas?

The process for obtaining a visa to move to the Bahamas varies depending on the purpose of your move and your country of origin. In general, you will need to fill out an application, provide supporting documents such as a passport, birth certificate, and proof of financial means, and pay a fee. The specific requirements and application process can be found on the website of the Bahamas Ministry of Foreign Affairs or the nearest Bahamian embassy or consulate in your country.

What Is the Cost of Living Like in the Bahamas?

The cost of living in the Bahamas can vary depending on factors such as location, lifestyle, and accommodation. Generally, the cost of living is considered to be higher in the Bahamas than in many other countries, particularly for imported goods. In addition, some expenses such as electricity and water can be relatively expensive due to the country’s reliance on imported fuel and infrastructure. However, the absence of income tax and relatively low property tax can offset some of these costs. Overall, it is recommended that those considering a move to the Bahamas research and plan their expenses carefully to ensure that they can comfortably afford the cost of living.

What Is the Job Market Like in the Bahamas?

The job market in the Bahamas can be competitive, particularly in certain fields such as finance, tourism, and construction. Many jobs in the country are tied to the tourism industry, which has been impacted by the COVID-19 pandemic. As a result, unemployment rates have increased in recent years. However, there are still job opportunities in the Bahamas, particularly for those with specialized skills or experience. It can be helpful to research job openings and requirements in advance, as well as to network with potential employers and colleagues. Additionally, those who are self-employed or have the ability to work remotely may have more flexibility in terms of job opportunities in the country.

What Is the Housing Market Like in the Bahamas?

The housing market in the Bahamas can be expensive, particularly in popular areas such as Nassau, Paradise Island, and Grand Bahama. The cost of housing in the Bahamas is often higher than in many other countries due to factors such as limited land availability, high construction and maintenance costs, and the country’s reliance on imported materials. Additionally, certain amenities and services such as access to private beaches, golf courses, and gated communities can also drive up the cost of housing.

However, there are still affordable housing options available in some areas, particularly on the outlying islands or in less developed areas. It is recommended that those considering a move to the Bahamas research the housing market carefully, consult with local real estate agents, and consider factors such as location, amenities, and access to transportation when making a decision.

How Is the Healthcare System in the Bahamas?

The healthcare system in the Bahamas is a mix of public and private providers. The public healthcare system is funded and operated by the government and provides basic medical care to citizens and residents. The private healthcare system, on the other hand, is made up of privately-owned hospitals and clinics that provide more specialized and advanced medical services.

While the quality of healthcare in the Bahamas can vary depending on the provider, the country has a relatively high standard of medical care, with several world-class hospitals and medical centers. However, medical costs can be relatively high in the Bahamas, particularly for those without medical insurance. It is recommended that those considering a move to the Bahamas research healthcare providers and insurance options in advance, and ensure that they have adequate coverage before moving internationally.

What Is the Education System Like in the Bahamas?

The primary education system in the Bahamas is made up of both public and private schools, with a focus on developing core skills in literacy, numeracy, and critical thinking. Secondary education is split into two stages: junior high school, which lasts for three years, and senior high school, which lasts for two years. During the senior high school stage, students take national exams known as BGCSEs, which determine their eligibility for further education.

Tertiary education in the Bahamas is provided by a number of institutions, including the University of the Bahamas and several private colleges and universities. The country also has a number of technical and vocational schools that provide specialized training in areas such as hospitality, culinary arts, and nursing.

How Is the Public Transportation System in the Bahamas?

The public transportation system in the Bahamas can vary depending on the island or area of the country. In Nassau, the capital city, there are buses, taxis, and jitneys (shared minivans) that provide transportation around the city and to other parts of the island. However, on other islands, public transportation can be more limited, with taxis and rental cars often the primary mode of transportation.

The cost of public transportation in the Bahamas can be relatively low, particularly for buses and jitneys. However, the quality and reliability of service can vary, particularly in more rural or less developed areas. It is recommended that those considering a move to the Bahamas research transportation options in advance, particularly if they do not plan to purchase a vehicle.

What Is the Climate Like in the Bahamas?

The climate in the Bahamas is generally tropical, with warm temperatures and relatively high humidity throughout the year. Average temperatures range from the mid-70s Fahrenheit (around 24 degrees Celsius) in the winter months to the mid-80s Fahrenheit (around 29 degrees Celsius) in the summer months. The country also experiences a rainy season from May to October, with the highest amount of rainfall occurring in the late summer months of August and September.

The Bahamas is also prone to tropical storms and hurricanes during the hurricane season, which runs from June to November. While the country has well-developed disaster preparedness plans and infrastructure, those considering a move to the Bahamas should be aware of the potential risks of hurricanes and other severe weather events, and take appropriate precautions.

What Is the Culture Like in the Bahamas?

The culture of the Bahamas is influenced by its history, geography, and diverse population. The country has a rich Afro-Caribbean heritage, with a strong influence from West African, European, and indigenous cultures. Music and dance are an important part of Bahamian culture, with genres such as junkanoo, rake and scrape, and calypso being popular.

The Bahamas is also known for its cuisine, which features fresh seafood, tropical fruits, and a mix of African, European, and indigenous flavors. Popular dishes include conch salad, peas and rice, and fried fish. In addition to its rich cultural heritage, the Bahamas is also known for its friendly and welcoming people and its relaxed and laid-back way of life. The country’s tourism industry plays a major role in its economy and culture, with many Bahamians employed in the industry and a focus on hospitality and service.

What Are the Best Cities to Live in the Bahamas?

The Bahamas is a country made up of more than 700 islands and cays, and each area has its own unique culture, attractions, and lifestyle. Some of the most popular cities to live in the Bahamas include:

  • Nassau: The capital city of the Bahamas, Nassau is a vibrant and diverse city that offers a mix of urban amenities and natural beauty. It is home to a range of attractions, including museums, restaurants, and historical sites, as well as nearby beaches and natural areas.
  • Freeport: Located on Grand Bahama Island, Freeport is the second-largest city in the Bahamas and a major center of commerce and industry. It is home to several resorts and attractions, as well as a range of shopping and dining options.
  • Marsh Harbour: The largest town in the Abaco Islands, Marsh Harbour is a popular destination for boating and fishing enthusiasts, with a range of marinas and waterfront activities. It also has a growing tourism industry, as well as a range of services and amenities for residents.
  • Exuma: The Exuma Islands are a popular destination for tourists and expats, thanks to their stunning natural beauty and laid-back lifestyle. The largest town in the Exumas is Georgetown, which offers a range of services and amenities, as well as easy access to nearby beaches and natural areas.
  • Eleuthera: Another popular destination for expats, Eleuthera is known for its pristine beaches, quiet lifestyle, and friendly community. It is home to several small towns and villages, as well as a range of amenities and services for residents.

Is It Easy to Find a Job in the Bahamas as a Foreign National?

Finding a job in the Bahamas as a foreign national can be challenging, as the country has regulations in place to prioritize employment opportunities for Bahamian citizens. To work in the Bahamas, foreign nationals generally need to have a work permit, which is issued by the Department of Immigration.

Work permits are generally granted to individuals who have specialized skills or expertise that are in demand in the country, or who are being sponsored by a Bahamian company. However, the process of obtaining a work permit can be complex, and it may take some time to secure employment and complete the necessary paperwork.

That being said, there is a range of industries and sectors in the Bahamas that may offer employment opportunities for foreign nationals, particularly in areas such as tourism, hospitality, and finance. Those considering a move to the Bahamas may want to research job opportunities in advance, as well as the requirements for obtaining a work permit and the overall process for securing employment.

Can I Bring My Pet With Me to the Bahamas?

Yes, it is possible to bring a pet with you to the Bahamas, but there are certain requirements and restrictions that must be met. The Bahamas has strict regulations in place to prevent the introduction of animal diseases, so it is important to follow the guidelines carefully to ensure that your pet can enter the country.

What Documents Do I Need to Move to the Bahamas?

The specific documents needed to move to the Bahamas may vary depending on your individual circumstances, but in general, you will need a valid passport or travel document, and in some cases, a visa or residency permit. You may also need to provide additional documents, such as a birth certificate, police clearance certificate, or proof of employment or financial resources. It is recommended to consult with the Bahamas’ embassy or consulate for detailed information on the specific documents required for your situation.

How Do I Open a Bank Account in the Bahamas?

To open a bank account in the Bahamas, you will typically need to choose a bank, gather the necessary documentation, complete an application form, and provide proof of identity and address. The required documents may include a passport or other form of ID, proof of residency, and proof of income or employment. It is recommended to contact the bank directly for detailed information on the specific requirements and procedures for opening an account.

How Is the Tax System in the Bahamas?

The tax system in the Bahamas is based on a system of indirect taxes, rather than income taxes. There is no personal income tax, capital gains tax, or inheritance tax in the Bahamas. Instead, the government generates revenue through a range of indirect taxes, including import duties, stamp taxes, and value-added tax (VAT). Businesses in the Bahamas are also subject to various taxes and fees, such as business license fees, real property tax, and national insurance contributions. The tax system in the Bahamas is designed to promote a business-friendly environment and attract foreign investment.

How Is the Work-Life Balance in the Bahamas?

The work-life balance in the Bahamas can vary depending on the industry and job sector, but in general, the country is known for its relaxed and laid-back lifestyle. Many workers in the Bahamas enjoy a slower pace of life and a more relaxed work environment, with a focus on work-life balance and leisure time. That being said, some sectors such as tourism and hospitality may have busy and demanding work schedules, particularly during peak seasons. Additionally, those working in the finance industry or other high-pressure professions may experience longer hours and more intense workloads.

Can I Bring My Car With Me to the Bahamas?

Yes, it is possible to bring your car with you to the Bahamas, but there are certain requirements and restrictions that must be met. The Bahamas has strict regulations in place to ensure that vehicles imported into the country meet certain safety and environmental standards, so it is important to follow the guidelines carefully to ensure that your vehicle can be imported.

What Are the Best Beaches in the Bahamas?

The Bahamas is known for its beautiful beaches, and there are many to choose from. Some of the best beaches in the Bahamas include Pink Sands Beach on Harbour Island, Cable Beach in Nassau, Gold Rock Beach in Lucayan National Park, Treasure Cay Beach in the Abaco Islands, Tropic of Cancer Beach on Exuma, and many more.

What Is the Local Cuisine Like in the Bahamas?

The local cuisine in the Bahamas is influenced by a variety of cultures, including African, European, and Caribbean. Seafood is a major component of the Bahamian diet, with dishes such as conch salad, cracked conch, and fried fish being popular. Other traditional Bahamian dishes include peas and rice, boiled fish, and johnnycakes (a type of cornbread). There are also many street food vendors in the Bahamas, selling items such as conch fritters, guava duff (a dessert made with guava and pastry), and fried plantains. In addition, the Bahamas is known for its rum, which is used in many local cocktails and dishes. Overall, the cuisine of the Bahamas is flavorful, and spicy, and often reflects the country’s history and cultural influences.

What Is the Availability and Cost of Recreational Activities in the Bahamas?

The availability and cost of recreational activities in the Bahamas can vary depending on the type of activity and the location. The country is known for its natural beauty and many outdoor activities, such as swimming, snorkeling, scuba diving, and fishing, which can often be done at little or no cost. There are also many organized tours and excursions available, which may range in price depending on the level of luxury and the type of activity. For example, a half-day snorkeling trip may cost around $50 per person, while a full-day private boat charter for fishing or sightseeing could cost several hundred dollars.

Hannah Michaelson

Hannah is a freelance relocation writer from NYC that has become an expert on packing and unpacking.

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