If you’ve ever dreamed of owning an island paradise, Exuma is a good choice for you. This archipelago is blessed with pristine white sand beaches, private islands, and ultra-exclusive resorts. It is one of the most popular destinations for vacationers and permanent exuma bahamas real estate residents. There are several options for Exuma Bahamas Real Estate, and you’ll be spoilt for choice.
There are many benefits of buying Exuma real estate, including the relatively low cost of purchasing islands and the low Bahamian tax rate for non-locals. A list of celebrity owners includes Faith Hill, David Copperfield, Johnny Depp, and Eddie Murphy. Recently, Chinese President Xi Jinping announced a deal to allow trade in the Chinese Reninbi currency. Furthermore, the Bahamas Agriculture & Marine Science Institute recently signed a cooperative agreement with the China Ocean University.
The Bahamas Multiple Listing Service (MLS) is another excellent resource for real estate listings. You can search for properties in the Bahamas using this online source, which is free and easy to use. The IDX logo will show you listings from brokerage firms other than the office owner. Once you’ve found a property you’re interested in, contact a local real estate agent or the Bahamas Multiple Listing Service (MLS) to discuss your options.
When buying property in the Bahamas, non-Bahamians must register their investment with the government. If the property is more than two acres, you need to get a government permit. If you’re buying a piece of land that is over two acres, you’ll need a special permit to build a home. Non-Bahamians may purchase either undeveloped or developed properties, but some properties require certificates or permits depending on their value.