There are many reasons people choose to buy a property in The Bahamas–the sparkling sea, powder soft sand beaches, and world class boating. Now, there is an even better incentive to purchase property in The Bahamas. The UK-based firm, Bradley Hackford, which specializes in international immigration and tax planning, has ranked The Bahamas as the world’s best tax domicile.
The ranking is based on several pieces of criteria including: rate of tax burden for individuals, quality of life, legal and physical security, quality of the government’s economic investment program, geographical location, and recreational opportunities.
The Bahamas ranked the highest because it imposes no tax on income, is located close to the United States, has an excellent quality of life, and obtaining residency is relatively easy.
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