essential insights for visitors and buyers
A Guide To Grand Bahama
Location
Stretching 96 miles east to west and 17 miles at its widest, Grand Bahamas is the largest northeastern island in The Bahamas, conveniently located just 60 miles off the coast of South Florida. Accessible by boat or air, Grand Bahama International Airport in Freeport offers regular international flights to the U.S. and Canada, with domestic flights to Nassau connecting to Europe. Private aircraft are welcome at West End Airport and Freeport Airport, catering to visitors from near and far. The island enjoys year-round sunshine and warm temperatures, with clean air and minimal traffic. Operating on US Eastern Standard Time and using US dollars, the official language is English, with Bahamian creole also heard.
Economics
The Bahamas utilizes the US dollar as its currency and boasts a robust banking system featuring both domestic and international banks such as Bank of America, Credit Suisse, and UBS. The nation enjoys a stable economy and a high standard of living, propelled by a flourishing tourism industry, a robust financial sector, and a thriving agriculture sector. Notably, the Bahamas stands out for its favorable tax environment, with no income, capital gains, or inheritance taxes. Additionally, the country offers retirement incentives for those planning to retire.
culture
The official language of the Bahamas is English, and the Bahamian dialect is widely spoken throughout the country. The government has implemented environmental protection measures, including national parks, sustainable tourism practices, and plastic pollution reduction efforts. The country served as a haven for renowned pirates during the 17th and 18th centuries.
Safety
The Bahamas is renowned for its safety, stability, and tranquil living conditions, making it an ideal destination for a secure lifestyle. The country boasts a range of medical facilities, including hospitals, clinics, and centers, providing comprehensive services like emergency care, surgeries, and specialized treatments. Additionally, the Bahamas operates under a legal system based on English Common Law.
Have Questions?
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