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Nassau, The Bahamas – 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
Download a copy of these notes, here, IMPORTANT-NOTES-ON-REAL-PROPERTY-TAXES-IN-THE-BAHAMAS.