The Truth About Bahamas

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  • Опубліковано 29 чер 2024
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    The Bahamas may be a tropical paradise, but that alone has never been enough to attract foreign investors and entrepreneurs. The main allure of the Bahamas lies in its tax-free regime.
    In this video, Tijana, our Strategy Associate, shares the truth about the Bahamas.
    00:00 Start
    0:45 Pros of Moving to the Bahamas
    0:48 Low Taxes
    1:11 Beautiful Natural Environment
    1:41 Good Weather
    2:12 English is the National Language
    2:54 Pros of Moving to the Bahamas
    3:07 High Cost of Living
    3:41 Difficult to Get Citizenship
    4:11 It is a Small Country
    4:33 An Economy Based on Import
    5:05 Traveling Between Islands Can Be Expensive
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КОМЕНТАРІ • 39

  • @FinancialFreedomLifestyle
    @FinancialFreedomLifestyle Рік тому +11

    Great information here! Thanks for this.

  • @TravisGarnett
    @TravisGarnett Рік тому +4

    Thank-you, #NomadCapitalist! 👏

  • @arneely65
    @arneely65 8 місяців тому +2

    Quite objective and well tempered.

  • @amosweatherford249
    @amosweatherford249 8 місяців тому +4

    " Do not recognize dual citizenship "
    Maybe thats written in an old book somewhere,but its definitely not standard policy . Thousnds of Bahamians hold USA passports and have no trouble passing through USA and Bahamian airports .

  • @scsmith4604
    @scsmith4604 Рік тому +5

    @5:00 There was almost a collision there

    • @BuddingFlower
      @BuddingFlower 11 місяців тому

      Its indicative of the horrible driving in the country...traffic accidents are killing people here steadily. Read "OUR NEWS" Bahamas ... constant news articles about traffic accidents and lack of adhering to traffic laws.

  • @saniajohnson5661
    @saniajohnson5661 8 місяців тому +6

    THE Bahamas. That’s the official name of the country. Not Bahamas. It’s a country made up of a chain of islands. The Islands of The Bahamas.

  • @user-dy2qq5wh4b
    @user-dy2qq5wh4b Рік тому +10

    I hear the cryptos exchanges are really solid! lol (FTX)

    • @cheery-hex
      @cheery-hex Рік тому

      ftx was built to fall. those who stole $$ (not just SBF), created it. same criminals as always

    • @user-dy2qq5wh4b
      @user-dy2qq5wh4b Рік тому +1

      @Greg Villines i know, It was sarcasm brother!, smh

    • @BuddingFlower
      @BuddingFlower 11 місяців тому

      hahahhaa i drove past the FTX unfinished offices they were building when they were up and running and its abandoned XD.

  • @marshallderriek1858
    @marshallderriek1858 Рік тому +3

    Some people will live anywhere or do anything to save money

    • @toxicdubz3841
      @toxicdubz3841 Рік тому +2

      idk hearing her out the cons dont sound bad to me especially compared to the pros

    • @visualdosage234
      @visualdosage234 10 місяців тому +1

      ​@@toxicdubz3841I agree, I live in Malta, and the Bahamas sounds way better

  • @mariobroselli3642
    @mariobroselli3642 4 місяці тому +1

    When is latest ferry?

  • @antoniobrasse7157
    @antoniobrasse7157 Рік тому +17

    The short: Bahamas is one of the best places on the planet to run your businesses out of but don't bother trying to live there.

    • @BuddingFlower
      @BuddingFlower 11 місяців тому +8

      I was a Bahamian resident there -- moved to Canada. I run my business while living abroad. What you said is absolutely correct.

    • @caribbeanradiology7004
      @caribbeanradiology7004 5 місяців тому +1

      Stay home and pay your taxes

  • @Odaz
    @Odaz Рік тому +4

    It's 'The Bahamas'*, thank you 🙂

  • @justsayin8893
    @justsayin8893 10 місяців тому +6

    I have visited the Bahamas for 50 years, lived on Grand Bahama for 7 years full-time. I will tell you that the medical facilities are far far far below standard and as a retired nurse its draconian in nature, i have more stories that would have put doctors in jail and shut down hospitals in first world countries. The Bahamas is a Third world country and unless you are planning on owning your own island, boat, airplane and being completely independent with rapid access to US hospitals FORGET ABOUT IT!!!!

    • @angellosturrup3180
      @angellosturrup3180 10 місяців тому +5

      Fortunately for us, most people are not in need of America's cutting edge life saving emergency room treatment 24/7 . Many of us live very well here without our own island, boat, plane or American doctors...lol. Relax.

    • @justsayin8893
      @justsayin8893 10 місяців тому

      @@angellosturrup3180 Not true, anyone on the island that can AFFORD to go to the US for health care DO indeed go to the US. Case in point, had a GF have surgery at The Rand on GB for a tumor in her uterus... took her to the operating room, found that the tumor was outside of the uterus, so they preformed the hysterectomy, including the ovaries and left the tumor inside, why you ask? Well, because the right surgeon to do the operation to remove the tumor OUTSIDE of the uterus was not in the operating room. BUT they had the permit to remove the uterus and ovaries and that is what they did and closed her up, sending her inot menopause WITH the tumor still inside.. that is only ONE OF MANY MANY MANY STORIES i know of personally!

    • @caribbeanradiology7004
      @caribbeanradiology7004 5 місяців тому

      You are a nurse stay in your lane with your idiotic comment

  • @guitarsqld1963
    @guitarsqld1963 Рік тому +1

    Your job title is unusual....

  • @surffish386
    @surffish386 3 місяці тому

    i was thinking about trying to do tile work here, after that guy @ 5:05 maybe i should just become a captian! yikes!!!!

  • @007thematrix007
    @007thematrix007 Рік тому +14

    the only pro is the low taxes ..... ✏️ 📖 📝

    • @skleptic
      @skleptic Рік тому +15

      You've never actually been there have you

    • @benchoflemons398
      @benchoflemons398 Рік тому +2

      @@skleptic I have, everyone’s an alcoholic

    • @toxicdubz3841
      @toxicdubz3841 Рік тому +2

      the best pro

    • @nickyamertil9458
      @nickyamertil9458 11 місяців тому +3

      ​@@benchoflemons398 yeah you've never been there

  • @kendrickwilliams835
    @kendrickwilliams835 Рік тому +3

    The Bahamas**

  • @caribbeanradiology7004
    @caribbeanradiology7004 5 місяців тому

    Luxury homes are expensive everywhere and US and Canadian citizenship is hard to get. You analysis is horrible.

  • @tpulling83
    @tpulling83 Рік тому +4

    Does this guy hire men???