Oceania Heights
Investing in The Bahamas
Welcome to The Bahamas, where relaxation meets luxury. This country is made up of hundreds of islands and cays, protected by an eco-friendly government, working to preserve the fragile ecology. The Bahamas has become such a popular destination that tourism accounts for the majority of its income. The country maintains one of the fastest growth rates in the region, as Bahamas investments in tourism continue to expand.
Bahamas
Investments
The Bahamas is the world’s
leading offshore financial center, with
over 400 financial institutions licensed
for banking and financial trust representation.
The country is second only to London in
the number of financial institutions it
hosts. Investing in The Bahamas represents
a great opportunity for any investor,
as it benefits from its own stock exchange
and a tax-free economy. In addition to
a growing tourism and financial industry,
The Bahamas boasts a thriving real estate
market. Many people who own property in
The Bahamas rent theses second homes when
they are away, generating rental income.
Real estate has become one of the largest
sources of Bahamas investments in recent
years, as a growing number of people search
for an island paradise close to North
America. It truly is the Switzerland of
the Western World.
Here are some of the largest projects for investing in The Bahamas.
Baha Mar
Located in Nassau on a 1,000-
acre site, Baha Mar will be the largest
destination resort in the Caribbean. Baha
Mar will offer some 3,000 guest rooms
along with what will be the largest casino
in the Caribbean. Amenities at Baha Mar
include luxury spas—one of which
is expected to be the largest in the Caribbean—an
18-hole Jack Nicklaus Signature Golf Course,
a meeting space, 20-acres of beach and
a retail village with upscale shopping,
chef- branded restaurants, and entertainment
venues.
Oceania Heights
Oceania Heights is an exclusive
gated community in Great Exuma, featuring
125 home sites. It offers stunning, well-furnished
villas for rent as well as fully serviced
estate-size individual lots to build a
custom home. Oceania Heights will closely
work with you and your architect to help
you design and build a high quality home.
Owners can also take advantage of a rental
pool program to earn tax-free revenue
by renting the villa for part of the year.
Located just 15 minutes from the Exuma
International Airport, Oceania Heights
features all the amenities of a first
class resort with the exclusive privacy
of The Bahamas. See http://www.oceaniaheights.com/.
Atlantis
One of the most recognized resorts
in all of The Bahamas, the Atlantis on
Paradise Island features 2,317 rooms,
a large casino and a 63-slip marina. The
first two phases were completed in 1994
and 1998, and a new addition with condos
and hotel rooms is under construction.
Ritz-Carlton Rose Island
Set to open in 2009, the Ritz-Carlton
Rose Island will be set on Rose Island,
off Nassau. The resort will feature a
hotel, a 300-slip marina, condominiums,
townhouses, and estate homes. You can
immerse yourself in the sun, sand and
surf of the exclusive tropical paradise
at The Ritz-Carlton Rose Island. Just
four miles from Nassau’s major port,
this resort is close to the capital yet
the furthest thing from the average vacation.
Rum Cay
Situated on 900 acres of pristine
land Rum Cay offers the opportunity to
own your very own private island paradise
and so much more. The resort features
luxurious townhouses, ocean villas, ridge
estates, a condo-hotel, and spacious lots
to offer the best of island living. To
complement the stunning residences, a
residential beach club, equestrian center,
a golf practice facility, tennis courts,
and a yacht club all wait you. You can
even sail into the 80-slip.
Emerald Bay Resort
Officially opened in winter
2004, Emerald Bay Resort offers a series
of suites and beachfront properties. Amenities
include a championship 18-hole golf course,
tennis courts, a full-service spa and
health club, swimming pools, restaurants,
bars, a business center, a marina, and
of course, a white-sand beach.
February Point Resort Estates
February Point Resort Estates
is an upscale resort community. The resort
boasts 145 units, including 70 custom
homes, 60 villas, and 15 villas sold as
one-quarter share fractional units. Owners
can also opt to place their homes into
February Point’s rental program
to rent their units when they are away.
The Bahamas has evolved into more than just a tourist destination. With a sophisticated and diversified economy, the country continuously receives new investments as more and more people discover this peaceful and spectacular financial haven. Bahamas investments receive preferable treatment and are welcome by a government whose primary intention is to grow its nation. Why not see for yourself—enjoy a little Caribbean vacation!
Author Bio: Pasquale Lo Mascolo is the author of a number of articles dealing with Bahamas properties. By examining the different areas of the Bahamas and researching their respective real estate projects, he has discovered many hotspots that both travelers and investors simply cannot afford to ignore. See Oceania Heights Bahamas Real Estate for more information.