Important Notes on Real Property Taxes in The Bahamas

And Rates for the 2019 Tax Year

 

In the recent budget exercise completed by the Bahamas Government, certain significant changes to the regime for Real Property Tax in The Bahamas were announced and have received a great deal of focus.

In the attached memorandum, the law firm of Graham Thompson provides important notes on these legislative changes, with coverage of the following core informational areas:

  • Obligations of New and Existing Owners
  • Current Tax Categories for 2019
  • Notable Tax Exemptions or Advantages
  • The 2018 Statutory Changes

You may download a copy of these notes, a two-page document, by selecting the PDF document icon at the top of this webpage.