THE BAHAMAS: THE CHOICE OF THE WORLD's BILLIONAIRES and WEALTHY
The Bahamas has long been known as the top private island retreat in the world. Beautiful water, weather, and beaches. Their location provides them with the best year round weather while being both secure and secluded, while staying close and connected to the world, just minutes from Miami by plane.
The highest propensity of private island ownership by celebrities and high net worth individuals is in the Bahamas. Values of the extremely limited, private islands in the Bahamas have risen even through the economic crisis that began in 2008.
Other Distinguished Island Owners in the Bahamas include:
Great Whale Cay is one of the largest, fee simple, contiguous island properties in the entire Caribbean.
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USD pegged currency. Common Law legal system.
Fee simple land ownership. Title insurance from US underwriters.
Highly stable government.
Immediately accessible and closest Caribbean country to the USA
Sophisticated, discrete, and confidential financial services market
Bahamas to become RMB trading hub
Corporate and personal tax free jurisdiction
Hotel Encouragement Act supports resort development with 40% import duty dispensation