Life in the Bahamas

The only indirect taxation is a real property tax, ranging from 0.75% to 1% for owner-occupied property and 0.5% to 1.5% on commercial property.

Bahamas
Income Tax Rate              0%

Bahamas
Corporate Tax Rate          0%  

Bahamas
Sales Tax / VAT Rate      0%

 

Living and working in the Bahamas would be probably the best place to go to not pay as many taxes. They have 0% income tax, 0% corporate tax, and 0% sales tax. So virtually they only thing I would have to take out of my check out be owner-occupied property, unless I lived in an apartment because then I wouldn't own the land and I would only have to pay for rent, for food, clothing, and healthcare. The healthcare in the Bahamas that I would choose depends on if I would have a family. I would check with the expat people. The expat people would tell me exactly what insurance I would need for any part of my life and so that if I wanted to get anything added such as dental plans I could add them in and they would find the perfect insurance plan for me.




http://www.expat-medical-insurance.com/country/bahamas/information/
http://www.doctorshosp.com/subpage.php?main_page=54&subpage=Healthcare-in-the-Bahamas

http://www.taxrates.cc/html/bahamas-tax-rates.html
 http://www.nationsencyclopedia.com/Americas/The-Bahamas-TAXATION.html#ixzz2jypmDo4x