Learn everything about buying a property in The Bahamas!
Eleuthera real estate includes some of the most exclusive properties in the Bahamas and attracts affluent buyers from around the world. The island’s warm weather, hospitable people, festive traditions, and laid back lifestyle is what draws many non-Bahamian homeowners to this tropical paradise. And if that isn’t reason enough, since the International Persons Landholding Act took effect in January 1994, there are no restrictions on foreigners buying properties in the Bahamas.
The Government of the Bahamas’ property ownership policy has very little limitations when it comes to foreigners purchasing real estate in Eleuthera. In fact, in order to promote economic growth and development and to support an investment-friendly climate the Bahamas Government has made available the International Persons Landholding Act, 1993, which allows for the sale of property to non-Bahamians.
The steps to buying a property in Eleuthera Bahamas is very similar to the home buying process in the United States, yet considerably more laid back. Eleuthera real estate agents bring buyers and sellers together, while attorneys prepare the purchase agreements and handle the closings.
We recommend you to read our articles concerning the legal requirements to buy a property in Eleuthera.