What You Need To Know Before Moving To The Bahamas

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Are you dreaming of a carefree island lifestyle away from cold winters and the pressures of mundane city life? The Bahamas is a top destination in the world for people to relocate to, and for a good reason. The Bahamas offers excellent tax schemes with no capital gains, income, or estate tax and several other economic benefits. The Bahamas also has one of the best climates in the world, with an average of 340 days of sunshine per year giving residents the chance to fully enjoy its white-sand beaches, turquoise ocean water, and rich cultural life. English is also the official language of The Bahamas, making immigration to the islands much easier and smoother.

In this video, Jelena, our strategy manager, shares all the details you need to know before moving to the Bahamas.

00:00 Start
0:21 Why Is the Bahamas Considered a Tax Haven?
2:48 Bahamian Passport
3:37 Taxes in the Bahamas
6:06 For US Citizens

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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.