If I own a home in The Bahamas as a U.K national, and wish to rent it out for vacations, what are the legal implications??

Mark

Bahamas for Bahamians !!! (just so ya know)

You can do it, but you would need to have a Permit for your conveyance and Exchange Control approval from the Central Bank of the Bahamas.

Non-Bahamians generally purchase property here with a Certificate from the government if the property is for a single family dwelling, a first purchase, and under 5 acres. If the property is larger than 5 acres or a second purchase or for a commercial purpose (such as your house would be since it is to rent), then a Permit is needed for the conveyance.

Then you would need to obtain Exchange Control approval to convert your rental income from Bahamian dollars into pounds (presumably) and to take it out of the country.

All of this of course is if you do it properly...

Bahamas for Bahamians !!! (just so ya know)

If I own a home in The Bahamas as a U.K national, and wish to rent it out for vacations, what are the legal implications??
Mark
plenny. jus come bye doon rent. nah iffin ya wun inwest in wun hog farm cuase i no you brits is good farmers ya cud see me but dat rent ting forget about it .jus bye doon rent, ya tink ya is a hoteleir aye