VAT taxes in the Bahamas VAT is equivalent to sales taxes that exist in the US or anywhere else in Europe. It is a tax that is applied on top of sales of goods and services in the Bahamas. Bahamas is a “tax Paradise “ where there is no corporate or income tax. The Bahamian…
Electrical outlets in Bahamas Electrical outlets in Bahamas are 60 Hertz and 120 volts. The standard plugs used are Type A and Type B plugs in which case appliances from North American are fully compatible. Type A plug has two flat side-by side pins. Type B plug also has the two flat parallel pins and…
Cell phones in Bahamas Nowadays staying connected is a must for most travelers and you will be able to use your cellphone in a decent way in Bahamas. Just do not expect the same reliability as in the US. You may have to move a little bit in the house or out of the house…
Cell phones while at sea in the Bahamas Getting connected while cruising in the magnificent waters of the Bahamas is getting better and better. Boaters cannot expect to have coverage everywhere they cruise in Bahamas waters however they will get cell signals when they approach a “public Island”. Most inhabited Bahamas islands have cell towers…
Import duties in Bahamas The Bahamas is a tax haven, there is not income tax nor corporate taxes. The economy is based on tourism, financial services, real estate and construction. The government generates revenues by levying VAT which is the equivalent of sales taxes, import duties on all imports and some stamp taxes on real…
Currency in The Bahamas The U.S dollar exchanges equally with the Bahamian dollar. Most businesses on Harbour Island accept the U.S. dollar and major credit cards. Many of the street vendors accept cash only. If you prefer to receive you change in USD please kindly indicate it to the teller and they will accommodate your…