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Buying Harbour Island Bahamas Property

The real estate office on Harbour Island is Coldwell Banker Lightbourn Realty. This real estate office is located on the corner of Crown and Dunmore Sts. This office specializes in Harbour Island property sales. They also offer mortgage and property management services. To get started, visit their website or call them. They will answer your questions and help you find a great deal.

The Bahamas has an investor-friendly tax structure and a well-established real estate market, making buying real estate in this country an easy process. All steps of the process are transparent and secure. The buyer’s attorney will ensure that the title is valid and the property is properly documented. Any missing abstracts can reduce the marketability of the property. In addition, the vendor should make sure that the property history is accurate.

The Bahamas is home to a number of different islands, islets and cays. Depending on your budget and preferences, you can choose from lively hubs with world-class amenities and secluded islands with little or no population. You can even buy a luxury property on a private island that’s surrounded by pristine nature.

The Bahamas has a variety of property types, from ocean-side homes to beach villas. For a second home or relocation, it’s a good idea to buy property on Eleuthera. The island’s village of Spanish Wells is beautiful and the most populated town is Dunmore. To travel around the island, you can take a golf buggy.

There are a number of different legal entities that specialize in different aspects of property ownership. Some of them specialize in luxury real estate, luxury resort services, and tourism. While others specialize in second-home real estate, you can rely on the expertise of an attorney with an international background and a local presence. In addition to working on a number of real estate transactions, Bahamas Real Estate Lawyers can help you navigate the legal system and make sure you understand your rights and obligations.

In order to own property in The Bahamas, you will need to obtain a real estate permit. This is mandatory if you intend to buy over 2 acres, buy for rental purposes, or use the property for commercial purposes. In addition, if you are a non-Bahamian, you will need to register with the Foreign Investment Board and register your investment with the Central Bank of The Bahamas. Once you have completed the transaction, you will need to pay taxes on the property you bought. harbor island bahamas real estate These fees are typically around 15 percent of the net price.

Purchasing property in The Bahamas is a great way to benefit from tax-free status. The Bahamas also has a large expat community. The government also offers incentives to foreign businesses, making the country an excellent choice for real estate.

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