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
Your plan, ready to act on
Get your Bahamas Relocation Dossier
A personalized PDF built from the numbers above: your eligibility proof, taxes vs home, budget, document checklist and a 12-month timeline. Delivered to your inbox in minutes — an immigration consultant charges €900+ for the same analysis. Includes 1 year of free updates: if Bahamaschanges this visa's rules, you get a refreshed dossier by email.
One-time · instant delivery · 1 year of rule-change updates
$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
22.3% at home → 0.0% here
Same lifestyle costs
$4,509 at home → $3,517 here
Money left over
$153 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.
Proving income or paying fees from abroad? Move money with Wise (sponsored)
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.