The Best Place to Live in The Bahamas: Safest & Nicest Places to Live [2024] - Luxury Bahamas Real Estate

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President & CEO at Better Homes and Gardens MCR Bahamas

Carey is recognized as one of The Bahamas’ most respected real estate professionals. He holds the record of selling the largest beachfront property of $21 million (vacant land) in the Bahamas and has also been the Top Producer of real estate transactions in Ocean Club Estates. With over 30 years of sales experience, Carey founded MCR in 2008 and now employs an elite team of 25 highly skilled associates.

About The Bahamas

The Bahamas are located about 60 miles off the coast of South Florida. Around 700 islands make up The Bahamas, with around 29 of them being inhabited. This stunning tropical oasis has a vibrant population that is warm and welcoming, with a bustling economy driven by tourism, with finance and international banking fast behind. Retail, agricultural and fishery also help to boost the local economy.

Living in The Bahamas allows for a distinct lifestyle you won’t find anywhere else, offering:

Year-round tropical climate
Stable real estate market
Low taxes and other great tax incentives
Breathtaking beaches
Abundant outdoor activities
International airports with a number of direct flights
Advanced and specialized healthcare
Incredible private and international schools

Often moving to a new location can seem overwhelming, but relocating to The Bahamas offers so many fantastic benefits you can’t find anywhere else that making the move is worth it.

A skilled and knowledgeable expert at Better Homes and Garden MCR Bahamas can help you find exactly what you’re looking for and help make the relocation process feel like a walk in paradise.

About Bahamas Real Estate

The real estate market in The Bahamas has historically been dynamic, driven by factors such as tourism, international investments, and the appeal of the country’s stunning natural beauty.

With its high number of luxury and resort-style properties, it’s particularly popular with US buyers looking for a second home or investment property. Its tax advantages, proximity to the US and stable economy, make moving to The Bahamas an easy choice

When you’re ready to turn the key to your Bahamian dream home, MCR Bahamas is your trusted partner. Our commitment extends beyond the sale; we are here to help you seamlessly integrate into the laidback rhythm of island life.

From navigating the intricacies of property ownership to connecting you with the vibrant local community, we go above and beyond to make your transition as smooth as the gentle waves lapping the shores of these stunning islands.

Contact MCR Bahamas to learn more.

Best Islands to Live in The Bahamas

Consider some of these Bahamas islands when considering where to purchase your new Bahamas home.

Paradise Island

You might have stumbled upon Paradise Island when scrolling through social media and didn’t even realize. This popular spot was formerly called “hog island” because of its past population of wild hogs–but don’t let its former nickname fool you.

Paradise Island is a stunning island just off the shore of Nassau. It’s well known for the iconic Atlantis resort, based on the mythical and legendary City of Atlantis. You won’t find a shortage of activities to indulge in on Paradise Island. As a popular tourist destination, you will find a great deal of wonderful recreational activities, fabulous restaurants, and a lively community that embodies the Bahamian way of life.

But, Paradise Island is also a popular place for people to live in The Bahamas for those who appreciate the amenities offered to tourists.

Benefits:

Outstanding restaurants and nightlife
Lush golf courses and day-time activities
Close proximity to New Providence
Great shopping

Best for: Those who love golf, enjoy eco-tours, and a great social scene with other international travelers

New Providence

As one of the most populous islands in The Bahamas, New Providence has so much to offer. With its beautifully mild climate, warm winters and sparkling crystal blue waters you will be amazed by everything New Providence has to provide.

Agriculture and fishing make up the bulk of the local economy as well as exporting rum to the international market. And as a populous area, you’re more likely to find more job availability opposed to smaller areas around the islands.

Having a larger community offers up different living options as well. Finding a great condominium in New Providence might be something to consider so that you don’t have to worry about certain traditional home owner’s matters. Instead you can focus on enjoying all the beauty of New Providence.

Benefits:

Bustling economy due to tourism
Close proximity to major hospitals and colleges
Accessible to Lynden Pindling International Airport

Best for: Those who prefer a bigger city yet enjoy a relaxed lifestyle

Abacos

Known as the boating capital of The Bahamas, The Abacos are a boat enthusiast’s dream come true. If you’re looking for adventure, The Abacos are home to The Catacombs, a magnificent diving site that any seasoned or amateur diver will enjoy.

You can check out the famous Elbow Reef Lighthouse and learn about the rich history that The Abacos holds. It’s also home to six national parks: Abaco National Park, Black Sound Cay National Reserve, Pelican Cays Land and Sea Park, Walker’s Cay National Park, Fowl Cays National Park, Tilloo Cay National Reserve.

Benefits:

Seventeen marinas throughout the area
A boating fuel credit
A number of wonderful outdoor activities

Best for: People looking for a safe and populated island without the heavy tourism seen on other islands.

Safest Places to Live in The Bahamas

Nassau, New Providence

As the capital and the largest city in The Bahamas, Nassau is the heart of the islands. This makes it one of the most populous, but also safest places to live, with easy access to transportation, healthcare, and a large community.

Originally called Charles Towne, Nassau is another location just filled with rich history and culture. You can experience this history by exploring one of the three major historic forts as well as Government House, the Angelican Christ Church, Nassau Public Library, and the beautiful government buildings around Parliament Square. Being able to immerse yourself in this rich history is truly an experience!

Heading towards the eastern end of the harbor, you can find the marine gardens. Here you are able to board glass-bottom boats to get a glimpse of the underwater ecosystem. And because of its relatively consistent temperatures, Nassau is an ideal spot for those that enjoy temperate weather.

Benefits:

Major hospitals
Major colleges/universities
Island metropolis

Best for: Those who prefer a more metropolis location

Albany, New Providence

If you want to experience the height of luxury, Albany, New Providence can give you just that. This luxury resort community was founded by Tiger Woods, the Travistock Group, and Ernie Els with the intention of providing a safe and luxurious community.

You’ll be wowed by the 18-hole championship golf course, a sure selling point for any golf lover. Reach out to Mario Carey, President & CEO of MCR Bahamas today to learn about the buying opportunities in Albany.

Benefits:

Gated community
Great golfing experiences

Best for: Those who prefer to live within a gated community with luxury amenities

Eleuthera Islands

If you’re looking for something a bit slower paced but still wanting to enjoy the beauty and history of The Bahamas, Eleuthera might be a place to consider. These splendid islands stand out for its spectacular pink sand beaches and quiet island living.

Like many parts of The Bahamas, you’ll get to enjoy the crystal blue waters as well as lush, exotic vegetation that makes this tropical paradise the perfect picturesque location to settle down in.

Eleuthera is Greek for “freedom” which is exactly what you’ll experience here. The freedoms of enjoying a safe and quiet life with all the beauty mother nature has to offer.

Benefits:

Quiet, away from tourists and crowds
Wonderful areas to explore

Best for: Those who prefer privacy without seclusion

Best Cities to Live in The Bahamas

Here are some wonderful cities to call your home in The Bahamas.

Nassau, New Providence

Like we mentioned above, the capital Nassau offers some of the best real estate in The Bahamas. Better Homes and Gardens MCR Bahama Group can assist you in finding the perfect home in this tropical haven. From waterfront properties to stunning condominiums, a trustworthy agent can help you find exactly what you’re looking for.

Best for: Those who prefer a more metropolis location with the benefits of a relaxed island lifestyle

Arawak Cay, New Providence

While Arawak Cay is not a city–it’s within Nassau, New Providence–it’s a great part of the city to live in. This vibrant precinct is referred to by the locals as the Fish Fry because of the wonderful variety of restaurants and eateries. Arawak Cay truly captures the essence of island living with the charming beachfront shacks, traditional island cuisine and a welcoming community that anyone can fall in love with.

If you’re a foodie who loves seafood, Arawak Cay is the place for you. Known for their fried conch, Arawak Cay also has a wide array of different dishes that they are popular for like grilled lobster tail and grilled shrimp. If you take a stroll around town, you’ll find local residents outside playing a casual game of dominos or hear traditional junkanoo music being played in the town center.

Benefits:

Authentic Bahamian restaurants
Welcoming local community

Best for: People who appreciate both the city and beach life, and love exploring new cultures in a vibrant community

Freeport, Grand Bahama

As the second largest city in The Bahamas, Freeport in Grand Bahama has so much to offer. Freeport provides the best of both worlds, mixing the old with the new. Plus, you get the benefits of living in a larger city but at a smaller population compared to a city like Nassau. It also holds the island’s international airport which makes it easier to travel.

Because of its close proximity to Florida, residents generally pay less for shipping costs since it’s the island’s main shipping hub. You’ll find The Port Lucaya Marketplace, the largest open air market where you’ll be able to experience several duty-free shops, a variety of restaurants and bars and a mixture of specialty stores.

You’ll also get to experience the best mother nature has to offer at places like Lucayan National Park. Lucayan National Park is best known for its underwater caves and one of the few places that lets visitors tour them.

A hike around Lucayan National Park will allow you to discover the serene flora and fauna that makes Freeport truly magnificent. Plus, the second highest number of native birds can be found in Freeport, making it a bird watchers dream.

Benefits:

Location of main cruise port of the Grand Bahamas
Location of major Grand Bahama airport, Grand Bahama International Airport
80 miles away from Palm Beach, Florida

Best for: Those who want a mixture of the “big” city and “smaller” city life with lots of nature to explore

Most Popular Places for Expats to Live in The Bahamas

Lyford Cay, Nassau

Lyford Cay is a private gated community named after Captain William Lyford Jr.; it’s also referred to as Simms Cay. Lyford Cay holds a prestigious name because of the famous residents that currently, as well as formerly, lived there. Notable residents include Sean Connery and the Bacardi Family. But don’t be intimidated by the famous names because people from all over the world come to Lyford Cay to enjoy the beauty of the island and have a good time.

Lyford Cay embodies luxury and high class, as well as relaxed charm and vibrant elegance. It gives off an old-world vibe but still manages to be unassuming. Residents of Lyford Cay come to the area to get away from more tourist-heavy areas of The Bahamas.

Within the community, you’ll find the Lyford Cay International School which was founded in 1962. This private school offers an international baccalaureate program for grades pre-kindergarten through 12th grade.

Aside from the Lyford Cay International School, you’ll find several other fantastic schools right outside of the community such as Windsor, known for its Cambridge curriculum, and St. Andrews International Schools which also offers an international baccalaureate program.

Benefits:

Great international schools and education programs
Abundance of amenities in the exclusive Lyford Cay Club
A luxurious but laid back environment

Best for: Those looking for country club style living and outstanding education opportunities

Nassau, New Providence

Yes, Nassau gets three designations on this list! Living in Nassau gives you the chance to experience everything this beautiful oasis has to offer, and expats take full advantage. There are a vast number of historic sites to visit, like the beautifully restored Villa Doyle as well as the Pirates of Nassau Museum.

Best for: Those who prefer a more metropolis location with other expats combined with the benefits of a relaxed island lifestyle

Freeport, Grand Bahama

The vast variety of natural activities that Freeport has to offer makes it an ideal location for those who like to stay active, and you see many expats ready to get a mortgage to purchase a Freeport home.

The Peterson Cay National Park is an excellent place to visit for bird watching as it’s recognized as an “Important Bird Area” due to its large number of Bridled Terns. The Rand Nature Centre is also a popular attraction to take in the wondrous natural beauty that Freeport has to offer amongst expats from all over the world.

Best for: Those who want a mixture of the “big” city and “smaller” city life with other expats

The Cheapest Places to Live in The Bahamas

While “cheap” may not be the best way to describe these locations, here are some more affordable places to live in The Bahamas.

The Exumas

The Exumas might be one of the most well-known spots of The Bahamas. Split into three different areas–eGreat Exuma, Little Exuma, and the Exuma Cays–each location offers something a bit distinct from one another. Great Exuma and Little Exuma are more attributed to that relaxed, carefree island lifestyle while the Exuma Cays are more associated with luxury private homes and tropical elegance.

The capital of The Exumas is Georgetown, where you will find the Exuma International Airport that offers regular direct flights to Florida, Atlanta and Toronto.

Benefits:

The Exuma International Airport with regular direct flights
Property values remain steady
Spectacular scenery and activities

Best for: Those who want to be close to an international airport; enjoy a variety of activities

Harbour Island

Less than 2 miles off the coast of Eleuthera Island, you will find Harbour Island. This small island is best known for its stunning beaches and its hard packed pink sand. You won’t get this kind of beach experience anywhere else!

Again, like many other locations in The Bahamas, Harbour Island has a vast history that dates back to the 1700s. You can see this history through the beautiful architecture and vibrant communities throughout Harbour Island.

Harbour Island offers golf cart rentals making exploring and navigating the island easy. As you discover more of the island you will see just how much Harbour Island has to offer. From horseback riding to diving and fishing, Harbor Island is ideal for those who want to set up roots surrounded by all the beauty nature has to offer.

Benefits:

Cars are not necessary to get around Harbour Island
Smaller Island, so perfect for those who want a more a smaller community feel
Close proximity to Eleuthera Island

Best for: Those who want a more secluded experience that still offers lots of activities

Cat Island

The unpretentious and laid-back Cat Island is perfect for those who want to live a true island lifestyle. Some call Cat Island one of the best-kept secrets of The Bahamas, but we’re letting it out!

Getting its name from pirate Arthur Catt, you’ll find a small community that embraces island living and exploring. Cat Island has the highest mountain point in The Bahamas. So if taking weekly hikes is up your alley, Cat Island is the perfect place for you to settle down.

While the beach activities are a bit more relaxed, you’ll just get wonderful opportunities to soak up the sun, fish, and dive. Diving is a popular activity in Cat Island and many divers go out to explore the sunken Spanish Battleships.

Benefits:

Small community
No large resorts
Elevation for great ocean views

Best for: Those who prefer a smaller community and less tourist traffic

Most Remote Island to Live in The Bahamas

Great Exuma

As the largest island in the Exuma chain, Great Exuma has larger hotels and resorts as well as the Exuma International Airport. Don’t be fooled by the larger hotels and resorts, Great Exuma still offers a quieter, more relaxed environment.

Relocating to Great Exuma is like living the perfect tropical vacation everyday minus the crowds! You get to experience secluded beaches with little to no crowds, a more rustic way of living and an overall laid back way of life.

Best for: Those who enjoy a more quiet community on a remote island

Long Island

You are in for some truly breathtaking experience in Long Island. Long Island offers one of a kind deep sea fishing as well as bottom and reef fishing. The true gem of Long Island is Dean’s Blue Hole which is the second deepest blue hole in the world! The annual International Free Diving Competition takes place here.

Because of the year round tropical weather, you can experience the best fishing any time of year!

Benefits:

Some of the best fishing in The Bahamas
Beautiful natural parks

Best for: Those who love fishing with less crowds; exploring the crystal blue waters

Abaco

Aside from assorted boating opportunities that make Abaco popular, it’s also a great spot for those that want to get away.

Plus, there’s so much to discover, from Monument to Fishermen, Matheson ‘Brown Tip’ Cooper, and the Johnstons Bronze Art Foundry.

Best for: Those who want amenities with also getting away from tourist traffic

More About the Best Places to Live in The Bahamas

We understand you may have more questions about the best and safest places to live in The Bahamas, so we’ve put together this list of FAQ’s to help you.

Best place to live In The Bahamas for families

The best place to live in The Bahamas for families often depends on various factors such as lifestyle preferences, budget, and individual needs. However, one of the highly recommended places for families is Nassau, specifically the community of Lyford Cay.

There are many recreational amenities within the community for families to enjoy while still being in close proximity to the services you’ll find in Nassau. It also offers access to some of the best schools in The Bahamas, for children of all ages.

Where is the safest place to live in The Bahamas?

Determining the safest place to live in The Bahamas involves considering factors such as crime rates, security measures, and community features. While safety can be subjective and perceptions may vary, one area that stands out, once again, is Lyford Cay in Nassau.

The community is gated with controlled access points, enhancing security by restricting entry to residents and authorized personnel. They invest in private security services, providing additional layers of protection and surveillance to residents.

It’s crucial to note that safety considerations can vary from person to person, and there are many other safe areas in The Bahamas. Before making any decisions, conduct thorough research, consult with local authorities, and seek insights from MCR Bahamas for information about safety in different areas of The Bahamas.

What is the nicest part of The Bahamas?

Determining the “nicest” part of The Bahamas can be subjective, as it depends on individual preferences, lifestyle, and priorities. The Bahamas is renowned for its stunning landscapes, pristine beaches, and vibrant communities, making it challenging to pinpoint a single “nicest” part.

However, the areas widely regarded for their beauty, amenities, and overall appeal include the Abaco Islands, Exuma Cays, Harbour Island, Lyford Cay and Nassau/Paradise Island.

Best place to retire In The Bahamas

The best place to retire in The Bahamas depends on individual preferences, priorities, and lifestyle choices.

As they are some of the nicest areas in The Bahamas they are also great areas to retire due to their serene environments, amenities, and quality of life:

Abaco Islands: The Abaco Islands, including Elbow Cay and Hope Town, provide a quaint and welcoming environment. The slower pace of life, friendly community, and picturesque surroundings make it an ideal spot for retirees looking for a peaceful retreat.
Exuma Cays: The Exuma Cays, including Great Exuma and Little Exuma, offer a peaceful and idyllic setting for retirees. The relaxed pace of life makes it an attractive option for those seeking tranquility.
Harbour Island: Known for its pink sand beaches and charming atmosphere, Harbour Island off the coast of Eleuthera is a popular choice. It has a close-knit community, upscale amenities, and a laid-back lifestyle that appeals to retirees.
Lyford Cay: If luxury living with a secure environment is a priority, Lyford Cay in Nassau is an exclusive, gated community that may appeal to retirees. The area is known for its high-end homes, private security, and upscale amenities.
Nassau and Paradise Island: For retirees who enjoy a mix of urban conveniences and coastal living, Nassau and Paradise Island offer a range of amenities, including shopping, dining, and cultural activities. The capital city provides access to healthcare facilities and services.

Best place for expats to live in The Bahamas

Many expatriates in The Bahamas opt for residency on New Providence Island, home to the capital city of Nassau, the most cosmopolitan area of The Bahamas. This vibrant locale boasts an international airport, prominent hospitals, and access to premier private international schools.

Embracing the essence of a major city, New Providence provides a comprehensive range of services essential for a comfortable and fulfilling expat experience.

Common Questions About Living in The Bahamas

You may want to know more about living in The Bahamas, here are more common questions we’ve addressed.

Can a US citizen live full time in The Bahamas?

Yes, U.S. citizens can own property and live full-time in The Bahamas. The Bahamas is a popular destination for expatriates, retirees, and individuals seeking a change of lifestyle. While there isn’t a specific visa for retirees, U.S. citizens can reside in The Bahamas for an extended period, and there are various options available for long-term stays:

Tourist Visa: U.S. citizens can enter The Bahamas as tourists without a visa for stays of up to 8 months. However, it’s important to note that this is subject to the discretion of the immigration authorities.
Residency Options: While The Bahamas does not have a specific retirement visa, individuals can apply for annual or permanent residency. This may involve meeting certain financial criteria, such as investing in real estate or demonstrating sufficient income.
Home Ownership: Purchasing property in The Bahamas, which can be a house or a condominium, can facilitate the process of obtaining residency. There are incentives for property ownership, and individuals who invest a significant amount in real estate may be eligible for expedited residency consideration.

Before running to the bank for a mortgage in The Bahamas, it’s crucial for U.S. citizens considering a long-term stay to familiarize themselves with the immigration rules and regulations.

Consulting with local authorities or seeking advice from legal professionals can provide accurate and up-to-date information on the requirements for residency.

Where do Americans live in The Bahamas?

Americans live in various locations across The Bahamas, depending on their preferences, lifestyle, and reasons for residing in the country. The most popular area where Americans choose to live is New Providence Island, specifically Nassau, where they have access to all the services they’re used to back in the States.

Are there areas to avoid in The Bahamas?

While The Bahamas is generally a safe destination, like any other place, it’s advisable to exercise caution and be aware of certain areas. Some areas may have higher crime rates or be prone to natural hazards.

However, it’s important to note that crime can occur anywhere, so staying vigilant is always important.

What is the average price of a house in The Bahamas?

The cost of homes in The Bahamas varies considerably, influenced by factors like location, size, and features.

However, the average range is USD $90 per square foot for apartments situated outside the city center to around $2,500 per square foot for luxury offerings.

The average rental price is comparable to larger cities like New York, San Francisco, or Toronto.

Are there disadvantages to living in The Bahamas?

Living in The Bahamas, like any destination, comes with its set of considerations, and it’s important to be aware of potential disadvantages. Two key factors often cited are the cost of living and the risk of hurricanes.

Cost of Living: The cost of living in The Bahamas can be relatively high, particularly for imported goods and some services. This is influenced by the country’s reliance on imports, which can lead to increased prices for everyday items. However, many residents find that, with careful planning and budgeting, it’s possible to navigate and manage the cost of living.
Hurricane Risk: The Bahamas is located in a region prone to hurricanes, especially during the Atlantic hurricane season, from June to November. While the islands have well-established protocols for hurricane preparedness, including early warnings and evacuation plans, the risk of severe weather is a consideration for residents. Acquiring hurricane insurance is critical to securing your home.

Despite these considerations, the advantages of living in The Bahamas often outweigh the potential drawbacks. The unparalleled beauty of the islands, the warm and welcoming local culture, tax neutrality, and the opportunity for a relaxed and laid-back lifestyle are significant attractions.

How to Find the Bottom Line for Picking the Best Place to Live in The Bahamas

Overall, The Bahamas offers some of the best locations to relocate if you’re looking to immerse yourself in a true tropical paradise. The rich history, culture, and friendly people of The Bahamas make for a welcoming new home, whether you’re looking for the most affordable place to live, the safest place to live, the best place to live for expats–or all three!

Be sure to check out the latest immigration information when considering relocating to The Bahamas because knowing the laws and incentives may be of benefit. For example, homeowners and investors that spend more than $750,000 on a property could receive expedited consideration for permanent residency.

Plus, setting up residency in The Bahamas allows you the opportunity to visit the many wonderful places around the islands. Living in a paradise that so many people vacation allows you to explore the wonders of The Bahamas that tourists rarely get the chance to experience.

With around 700 islands, there’s definitely a lot to see and explore! MCR Bahamas, with over 40 years of dedicated service and a team deeply rooted in the Bahamian way of life, stands ready to guide you.

At MCR Bahamas, we don’t just specialize in luxury real estate; we believe in the dreams and aspirations of our clients. Our award-winning team, led by industry veteran Mario Carey and Timothy Smith, understands that finding the perfect home transcends the transactional. It’s about matching your unique lifestyle with the ideal property, ensuring that every waking moment in The Bahamas is nothing short of extraordinary.

Ready to find your luxury home in the Bahamas? Contact us at MCR Bahamas, we can help!