Oceania Heights
Investing Advantages
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.
Bahamas Basics
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.
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.
Oceania Heights is situated on some
of the highest elevations in all of the
Bahamas with breathtaking panoramic views
of the Caribbean. We offer the perfect
place to grow your assets, conduct business,
purchase property, join fractional ownerships,
and build your own luxury estate Villa.
Becoming
a Bahamian Resident
Under relatively new legislation,
accelerated consideration Bahamian residence
is given to major investors and owners
of upscale Bahamian property such as that
available through Oceania Heights. Immediately
upon application to the Director of Immigration,
all international persons owning residences
in The Bahamas are eligible to receive
a "Home Owners Card" which entitles
the owner, spouse and children to enter
and remain in The Bahamas for the duration
of the validity of the card.
Bahamian Real Estate is Thriving
Real Estate in The Bahamas is
experiencing its biggest boom ever. 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 country in the Caribbean.
When
purchasing real estate or considering
its growth potential, activity is crucial.
The Bahamas currently has hundreds of
projects on the board with over $18.8
Billion in investments presently at work.
See our real
estate stability page for more information
on development on the island of Great
Exuma.
The Bahamas is home to over 250 banks
and trust companies; including HSBC, Credit
Suisse, Pictet Bank & Trust, UBS,
SG Hambros, Cititrust, Ansbacher, JP Morgan,
Royal Bank of Canada, Scotiatrust and
CITCO, making this a safe and desirable
place for offshore investments.
"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.
Tax Advantages
The Bahamas booming real estate sector
provides an excellent investment opportunity
for those seeking healthy tax-free profits.
In the Bahamas there is:
- No Personal Income Tax
- No Corporate Income Tax
- No Capital Gains Tax
- No Withholding Tax
- No Business Tax
- No Estate Tax
- No Gift Tax
- No Inheritance Tax
- No Death Duties
- No Employment Tax
- No Sales Tax
Purchasing Property at Oceania
Heights
The Bahamas Islands with its
history of property appreciation and its
peaceful and stable democracy has made
Oceania Heights in Exuma Bahamas a very
sought after place to purchase land and
develop custom built Villas.
Community residents have the option
of placing their luxury villa in the Oceania
Heights rental pool for the parts of the
year when the residence would otherwise
be unoccupied. The Rental Pool Program
allows property owners the potential for
profitable tax-free revenues. Each villa
in the rental pool will benefit from The
Bahamas Government Hotelerie license and
from the property management by Oceania
Heights’ experienced staff.
Discovery Vacation
Be our guest in one of the Luxury
Villas, and decide for yourself if Oceania
Heights is for you. Due to the legislation
that only one third of the island can
be developed, the fact that we have a
limited availability of choice properties
left and the present opportunity to participate
at prices which are still affordable,
we encourage you to contact
us TODAY!
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