Own a Piece of Paradise
It has never been easier for non-Bahamians to own property in the Bahamas and for property owners to become Bahamian residents. Passed in 1993, the International Persons Landholding Act allows foreigners seeking second homes to
buy a house or vacant land of five acres or less without a requisite permit. Owners can then purchase a Home Owner Residence Card or, if the property is worth $500,000 or more, apply for permanent residency status. Moreover, not only are there are special incentives to build on family islands such as Long Island, the island offers a prime location for vacation and retirement homes in a relaxing atmosphere with beautiful vistas. Property values are appreciating and provide an extraordinary investment profile. Moreover, constructing a dream vacation home has never been easier due to the current exemption on the duty of building materials
The land currently owned by Holaday Shores Limited is comprised of 150 acres of diverse topography, with an elevation ranging from 15 feet to 60 feet above sea level, providing a vast array of breathtaking views that would satisfy any prospective buyers’ wish list. Accordingly, Holaday Shores Limited has descriptively labeled the available homesites as Harbour View, Hillside, Hilltop and Oceanfront properties. Currently, a total of 450 homesites are available for purchase and development, all of which provide breathtaking views of the ocean or harbour with prices ranging from $20,000 to $150,000.
All the houses will be built to to strict Bahamian building codes, and designed to create an ambiance of openness and relaxation while affording its owners with true island decor. Additionally, owners will have the opportunity to work with architects so to add the owners’ desired design and furnishing.
Click here for the property subdivision: Taits subdivision