A breathtaking aerial view of Nassau, Bahamas showcasing vibrant blue waters and lush greenery.A stunning view of the iconic Atlantis Resort in Nassau, Bahamas, surrounded by lush greenery.Scenic view of the Atlantis Resort amidst palm trees and blue ocean, Nassau, Bahamas.Beautiful architecture of Atlantis Paradise Island with luxury yachts in Nassau, Bahamas.Explore a serene view of a solitary lighthouse on Nassau's rocky coastline under a vibrant sky.

Bahamas

North America · Caribbean

Very Expensive Cost of LivingVery High Development
Population401K171st
GDP / Capita$39KHigh
PPP / Capita$41KModerate

700 islands of turquoise water — offshore finance hub, strong tourism economy.

At a Glance

65
ModerateEquality
11
Very ExpensiveCost of Living
56
ModerateLife Expectancy
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Bahamas

The Bahamas is an archipelago of over 700 islands and cays scattered across the western Atlantic, famous for its extraordinary turquoise waters, pink-sand beaches, and laid-back island atmosphere. Nassau has energy and history, while the outer islands offer real seclusion and some of the best diving and sailing in the world. Those seeking cultural depth or budget travel may find it falls short, but for coastal beauty it is hard to beat.

  • 16% of total national territory is water.
  • One of the most significant offshore banking jurisdictions in the world.
  • Has no income tax, capital gains tax, or inheritance tax.
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Quick Facts

Capital

Nassau

Language

English

Currency

$ BSD

Area

10,010 km²

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Nomad Hub

Fixed Broadband

82Mbps

Moderate90th globally
PlugType A/B

💻Digital Nomad Visa

Min. Income

$1,000/mo

Duration

12 months

Renewable

Yes

Application Fee

~$1,000

Application difficultyEasy
Tax treatmentExempt
Processing time~5 days
Health insuranceRequired
DependentsYes (+$500)
Apply onlineYes
Path to residencyNo
Open to all nationalitiesYes

GDP / Capita

i

$39K

High

PPP / Capita

i

$41K

Very High

Inflation

i

0.4%

Low

Unemployment

i

9.2%

Moderate

GNI / Capita

i

$37K

High

Tax Revenue

i

17.3%

FDI Inflows

i

1.5%

Education Spend

i

2.7%

Cost of Living

i

98.8

Very Expensive

Price Level Index

i

4th pct

Very Expensive

20-Year Trend + IMF Forecast

Income & inflation over time

i
+38% nominal+2% real
$17K$33K$50K2%4%6%200520102015202020252027
GDPPPPInflationIMF forecast