Bahamas
BEATS Permit · Nassau
Zero income tax, no income floor and US-aligned hours — the Bahamas is built for high earners who want pristine beaches without a tax bill.
Flexible
5–10 days
1 year
60/100
90 Mbps
Very high
Tropical island
UTC-5
Model your move to Bahamas
Set who's coming and what you earn. We'll handle eligibility, taxes, contributions, living costs and what you'd have left — and compare it to home.
Staying more than ~183 days?
Affects tax residency for territorial & exempt regimes.
Your monthly life in Bahamas
Pre-filled with typical costs in Nassau. Drag or type to match your life.
A nice place in a popular area
Power, water, gas
Home fibre + data
Food at home
Transit, rideshare, fuel
Private cover nomads usually need
Eating out, coffee, going out
Shopping, gym, subscriptions, misc.
You meet the income requirement
Needs $0/mo.
Your qualifying income
$6,000
$6,000
$3,517
$2,483
Tax in Bahamas
Effective rate
0.0%
- Income tax / mo
- $0
- Social security / mo
- Not charged
- Total deductions / mo
- $0
- Take-home / mo
- $6,000
This visa exempts your foreign income — no local tax or contributions.
Private health insurance isn't required for this visa, but most nomads carry it — it's already counted in your living costs above.
Zero income tax for everyone — a classic tax-neutral jurisdiction.
vs. United States
Tax
22.8% at home → 0.0% here
Same lifestyle costs
$4,509 at home → $3,517 here
Money left over
$124 at home → $2,483 here
Estimates for planning only — actual tax depends on treaties, your residency and personal circumstances. Confirm with official sources and a qualified advisor before you move.
What it takes to qualify
Income & savings
- Monthly income (single)
- No fixed minimum
- Basis
- No fixed minimum (proof of remote employment)
- Combine two incomes?
- Yes
No formal income floor — show evidence of remote work or study.
The visa
- Program
- BEATS Permit
- Introduced
- 2020
- Duration
- 1 year, renewable
- Max total stay
- 3 years
- Fees
- $1,025 (approx)
- Who can apply
- Employees, Freelancers, Business owners
- Bring family?
- Yes
$1,000 main applicant; $500 per dependent. Bahamas Extended Access Travel Stay, renewable up to three years.
What you'll actually pay
Income tax
- Treatment
- Foreign income not taxed for nomads
- Headline rate
- 0%
- Tax residency at
- 183 days
- Employee social
- Usually home-covered
Zero income tax for everyone — a classic tax-neutral jurisdiction.
Good news
There's effectively no local income tax to worry about on your foreign earnings here.
Reviewed Source: Bahamas BEATS
Path to residency & citizenship
This is a lifestyle visa: great for living here now, but time on it doesn't count toward permanent residency or a passport.
BEATS is a stay permit only; PR exists separately for substantial property investors.
Reviewed Source: Bahamas BEATS
Typical costs in Nassau
Rent (1-bed)
$1,800
Rent (family)
$2,700
Groceries / person
$480
Utilities
$220
Internet
$80
Transport / person
$60
Health insurance
$100
Dining / person
$400
Cost index 78/100 vs New York · prices are about 105% of US levels (PPP). Monthly figures shown in USD.
Highlights & watch-outs
What makes it great
- No income tax and no minimum-income requirement.
- Same time zone as the US East Coast.
- Some of the best beaches on earth.
What to watch
- Among the priciest Caribbean options.
- Hurricane season risk.
Reviewed Source: Bahamas BEATS
Compare Bahamas
Head-to-head with similar destinations.
Moving to Bahamas from…
See the tax & cost picture for your home country.