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The Official Tourism Website of the Bahamas islands

In 1492, Christopher Columbus first set foot on the Island of Guanahani-today, better known as San Salvador. This is one of the 700 plus islands that makes up the archipelago known as the Commonwealth of The Bahamas. Back then, there were pearly white sandy beaches, crystal blue waters, and no income taxes. Very little has changed.

Investment Property in the Bahamas

The Bahamas is a member of the United Nations. Although an independent country since 1973, the country is still a member of the British Commonwealth.

Today, The Bahamas is ideally located less than 100 miles off the coast of Florida, a few hours by boat or twenty minutes by plane. The Bahamas serves as the perfect location to build your second home, and under new legislation, it is easy for foreigners to become permanent Bahamian residents.

To make things even better, Bahamian real estate is thriving, as thousands of Americans, Europeans, and Asians are discovering that this sub-tropical heaven is the best place to buy their second home, investment property, or both.

The Bahamian government is giving high priority to making The Bahamas a quality tourist destination, as well as the premier eco-sensitive island in the Caribbean.

The Bahamian Government has put forth their efforts to promote development in the islands. Special legislation now permits the importation of construction materials into the Exumas duty-free. This has attracted duty as high as 40%. Investors are encouraged to act quickly; this window of opportunity is scheduled to close on July 1, 2006.

"We have a unique product, come and seek for it. The pace and quality of the life here are very attractive features. We offer a great island atmosphere, and of course you can measure it by all foreigners who have already set up their operations here, and who are extremely successful."

Mr. Laing, Minister of Economic Development.