Bahamas
Caribbean · North America
Population
410K
GDP (Nominal)
$15.8B
Capital City
Nassau
Currency
BSD ($)
Avg Salary
$3500/mo
Region
Caribbean
Livability Index 2026
88.5/100
Cost of Living
49/100
Avg Salary
43/100
Safety
45/100
Healthcare
50/100
Education
65/100
Overall Livability
Institutional Summary
The Bahamas is an archipelago of over 700 islands known for its breathtaking beaches and crystal-clear waters. Thanks to its 0% personal income tax, it is a premier offshore financial center and a massive draw for high-net-worth expats, though residents face an exceptionally high cost of living.
Cost of Living
Monthly Rent (1BR)$1,200
Monthly Groceries$500
Monthly Transport$80
Utilities & Internet$320
Estimated Total Monthly
$2,100 /person
AI Algorithm Summary
Major Strengths
- • Tax Haven (0% Income Tax)
- • Accessible immigration and visa pathways
Algorithmic Red Flags
- • Significant safety and crime concerns (Score: 43)
- • Very high cost of living
- • High unemployment rate (8.5%)
Economic Performance
📈 Stable GrowthGDP Per Capita
$38,609
Inflation Rate
1.3%
Unemployment
8.5%
5-Year GDP Trend
Migration & Visa
Tourist (Visa-Free for many Western nations)
Work Permit (Employer must prove a Bahamian could not fill the role)
Economic Permanent Residence (Requires $1M+ investment in real estate)
Visa Difficulty
3/10
PR Eligibility
Accessible through massive financial investment ($1M+)
Employment Landscape
Avg Monthly Salary
$3,500
Trending
Top Performing Industries
Tourism & Hospitality
Offshore Banking & Finance
Maritime & Shipping
Social Indicators
Life Expectancy
73.5 Yrs
Literacy Rate
95%
Top Universities (QS Rank)
University of The Bahamas (UB)#
Compare Bahamas
Benchmark against other Tier-1 economies provides critical context for relocation or institutional investment decisions.