Cross-Border Resource Library

Country Information - Bahamas

In an effort to provide information on financial planning issues in the Bahamas, FPA volunteers have gathered the following links together to point you towards a variety of different resources. 

Each link has a descriptive tag explaining what type of site the link goes to. The tags are:
• GOV for government or regulatory sites
• ORG for non-profit or association sites
• EDU for academic or educational sites
• COM for commercial sites, such as product providers 

Virtually all of the links lead off of FPA's Web site. To give feedback or suggestions on the Bahamas information below, click here.

Quality of life – local flavor and customs

Health

Social Security coverage

Education standards

Ex-pats opinions on quality of life

Immigration issues


Legal Residency


Visas and immigration requirements


Exchange Control

 

Cash management


Bank accounts

Currency conversion

Education costs

Cost of living analysis

 


Housing issues

 

Tax Planning


Determining liability for income and gains taxes

Determining liability for estate taxes


Exit taxes and final tax return


Foreign Tax Credit arrangements


Local taxation of non-local pensions and investments

 

Investment Planning


Asset Allocation Viewed Globally

 

Risk management


Local litigation risks


Liability Insurance

Health Insurance

 

Property Insurance

 

 

Retirement Planning


Local pension design and tax structure on encashment


Social Security agreements between countries


Transferability of Pensions

 

Estate Planning and Succession Taxes


Impact on Estate if there is no Local Will


Marital exemptions

Local taxation of non-local trusts

 


Creating an international trust

 

Local Regulation

 

Referrals to Local Planners

No Financial Planning Association currently in place. Financial Planning advice is distributed via Banks, Accounting Firms, and Insurance Companies

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