Bahamas

The Bahamas is a long-established offshore and lifestyle jurisdiction in the Caribbean, best known for political stability, proximity to the United States, and a large high-end real estate market.

From a default tax perspective, it is extremely simple for individuals: there is no personal income tax, no capital gains tax, and no inheritance type tax. The trade-off is that the country raises revenue through other channels such as consumption and transaction taxes, and property-related charges can matter in practice.

Immigration is administered by the Bahamas Department of Immigration. For high-net-worth individuals, the most relevant pathway is permanent residence linked to significant investment, typically in real estate, with additional routes such as annual residence permits for certain profiles.

The Bahamas works well for those optimizing for a zero-PIT environment and a high-quality tropical base, but the practical details are in the compliance: maintaining residence status, meeting any physical presence expectations, and navigating fees, property due diligence, and banking considerations.