Have you recently vacationed in the Bahamas and now have this incredible urge to move there? Or perhaps, you are just looking for something different out of life, and you feel as though an island life would be ideal for you? In either case, there are many people leaving the mainland for a tropical lifestyle. WIth this in mind, you are going to need to know what to expect when looking for Paradise Island Bahamas real estate. This article is designed to give you more insight into what you can expect on a move to the Bahama islands.
One of the first things you are going to have to understand about buying real estate in the Bahamas is there are so unique rules and regulations as opposed to buying a home in upstate New York. If you are able to purchase a home with a minimum value of $250,000, you will be able to apply for annual residency. However, you are still going to have to deal with work issues, which in the Bahamas is quite difficult. However, if you are able to purchase a residence for $500,000, you can apply for permanent residency without the need to acquire work. If you have the funds, the latter of the two options is the better solution. This is simply due to the fact, that jobs can be quite difficult to obtain in the area, even for those that are well-qualified.
Before moving to the Bahamas there will be several things you want to keep in mind. Like any other area, even on islands, there will be things that you need to be concerned with. For many of us, our personal safety and that of our family and property are the most important. Sadly, on the islands, crime is rather high. This goes the same for residents and tourists alike. However, tourists are usually targeted more so. It is not uncommon to hear of murders, kidnappings, and robberies on a weekly basis. This type of crime is essential to consider before you make the final move and purchase a property in the area.
Of course, there are a few ways to ensure that you find the right area for your needs. You can check out one of the city data websites that are available online. With one of these websites, you will be able to seek out the best neighborhoods on the islands. In addition, you can always call and talk to a real estate agent about some of the better areas on the island. If you are willing to pay more for a home, you will more than likely end up in the better neighborhoods regardless. Just keep in mind that you will still have to deal with many of the crime issues as you make your way around the island.
These tips will help you find the best Paradise Island Bahamas real estate and have a better idea of what to expect on the islands.