What You Need to Know if You’re Thinking About Moving to the Bahamas
Are you trying to learn how to live in the Bahamas? If yes, you should check out our guide here on what to know about moving to the Bahamas.
The Bahamas are one of the most desirable places to live in the world. Currently, with a population of nearly 400,000, people from all around the world are relocating here.
Over 85 percent of its residents live in an urban setting. Due to this urbanization, the Bahamas retain its charm with open land and beautiful scenery.
What is there not to love about the Bahamas? The climate is near perfection for most of the year and the ocean is gorgeous.
Are you interested in moving to this Caribbean paradise? If you are thinking about moving to the Bahamas, check out this comprehensive guide for everything you need to know.
Cost of Living
It is not cheap to live in the Bahamas. In fact, the cost of living in the Bahamas is higher than in most civilized countries.
The rental cost for a small apartment costs as much as a mortgage in the United States. For a 900 square foot apartment, you are looking at up to $2,500 per month. This price does not include the cost of electricity and other utilities.
Basic necessities can be expensive. The Bahamas does not produce some food or consumer items that you are accustomed to.
This means that many items have to be imported to the Bahamas via ship or air. Then, the government places import duties on these items.
The result is that some items are significantly more expensive than they are in America or Europe. If your annual income is limited, perhaps it would be wiser to go on a cruise if you’re looking for an adventure. However, many expats find a way to make it work and successfully relocate to the Caribbean.
It is not easy to find a job in Bermuda. For starters, you will need to obtain a work permit to be eligible for a job. This permit has to be renewed every year. The island’s government tends to protect its citizens from foreign intrusion in the job market.
One way to work in the Bahamas is to hold a job remotely in the United States or Europe. Otherwise, the Bahamas is a great place to retire if you have sufficient funds.
Medical care is another factor to consider when moving overseas. You can pay for health insurance, although the care will be different than you are accustomed to.
Also, you have to prepare yourself for the possibility that your condition is untreatable. Many patients have to fly to southern Florida for complicated surgeries.
Bring Personal Belongings
You should consider bringing your favorite household items with you to the Bahamas. The vast majority of apartments are furnished so you do not need the big stuff.
However, weigh the cost of shipping items like bedding, bath, and small appliances. Again, consumer goods can be expensive due to the import requirement.
Are You Still Considering Moving to the Bahamas?
There are many things to consider when moving overseas. The things you are used to are likely to be different in the Bahamas.
Once you get acclimated, however, you will be thriving in a Caribbean paradise. If you enjoyed this article about moving to the Bahamas, check out our blog for more great content.