There are no restrictions on foreigners buying property in the Bahamas. Property purchasers are eligible for an annual Home Owners Resident Card, and those buying a property valued at $500,000 and above are given priority in permanent residence applications.
The Bahamas offers a stable political and economic environment, beautiful natural surroundings, and a strong tourism industry, making it an attractive location for real estate investment.
The average real estate agent gross salary in Bahamas is $57,468 or an equivalent hourly rate of $28. In addition, they earn an average bonus of $8,586. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Bahamas.
To check if your real estate agent is licensed or to report a complaint, visit .dos.ny or call (518) 474-4429.
The average real estate agent gross salary in Bahamas is $57,468 or an equivalent hourly rate of $28. In addition, they earn an average bonus of $8,586. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Bahamas.
The Real Estate License Law prohibits brokers in a transaction from acting for more than one party without the knowledge of all parties for whom the broker acts. The most common complaints deal with dual agency, seller subagency, and special relationships between the parties.
An Act to incorporate The Bahamas Real Estate Association; to provide for the registration and licensing of real estate brokers and salesmen; to regulate and control real estate brokers and salesmen and for connected purposes. 1. This Act may be cited as the Real Estate (Brokers and Salesmen) Act, 1995. Short title.