The Bahamas offers plenty of tax advantages. There is no sales tax, no income tax, no capital gains tax, no property tax, and no inheritance tax. While Americans pay income tax no matter where they live, The Bahamas still offers them tax advantages. For instance, they and other foreigners who buy land and real estate in The Bahamas enjoy the same rights as Bahamians -- and they enjoy the same tax advantages. In addition, they’ll enjoy duty-free prices on any number of things -- fine emerald and gold jewelry, crystal, name-brand perfumes, china and porcelain, and other fine goods.

For more information on property ownership, visit the webpage of theGrand Bahama Development Company: http://www.gbdevco.com/land_faq.php#taxes