Population 412,000. GDP per capita $34,800 on the 2025 IMF reading. Currency BSD / USD. The country anchor for the 2026 mover, scored and ranked against the global cluster.
NassauCapital of Bahamas
No. 01 , The Quick Take
The country, in numbers.
Population412,000
GDP/capita$34,800
CurrencyBSD / USD
Income tax0 percent
Population 412,000 across 700 islands and 30 inhabited cays, with 277,000 of that headcount in Nassau on New Providence. GDP per capita 34,800 dollars on the 2025 IMF reading, the Caribbean number 2 figure behind Cayman and ahead of Barbados at 22,400 dollars. The Bahamian dollar is pegged 1 to 1 with the US dollar, and both circulate as legal tender at every register in the country. The central tax structure runs no personal income tax, no capital gains tax, and no inheritance tax at the federal level; the federal Value Added Tax sits at the 10 percent headline rate, lifted from 7.5 percent in January 2022, and property tax tops at 1 percent above the 500,000 dollar valuation threshold.
The Bahamian cost basket runs from the central Nassau tier at 3,420 dollars a month for a single resident in a Cable Beach or Sandyport one bedroom to the Freeport central tier at 2,180 dollars to the Marsh Harbour central tier at 2,640 dollars on the post Dorian rebuild corridor to the George Town Exuma tier at 2,820 dollars on the central Out Islands corridor to the Eleuthera Governor's Harbour tier at 2,420 dollars. The structural Out Islands run 18 to 32 percent cheaper than Nassau on rent and 22 percent cheaper on groceries with the offsetting 35 percent freight premium on every item shipped from Nassau or Miami.
For the parallel filters: the cities with no income tax ranking places Nassau at the structural top 20 globally on the zero income tax basis; the cities near beaches ranking places Nassau at 18 and George Town at the top 40 globally; the safest cities ranking places Nassau at the top 240 globally on the structural per capita homicide rate of 31.2 per 100,000 on the 2024 reading. For the affiliate stack: Wise handles the inbound USD transfer at the 1 to 1 BSD peg with no parallel rate friction; SafetyWing covers the structural medical supplemental tier; Booking.com handles the inbound housing search at the Nassau, Paradise Island, and Exuma rental tier.
No. 02 , The Top 5 Cities
The five places to consider.
01
New Providence , index 7.4
Nassau, New Providence, 277,000
Nassau takes the Bahamian number 1 city of 2026 at a 7.4 everycity index on the combined cost basket at 3,420 dollars a month at the central Cable Beach, Sandyport, and Lyford Cay tier (structurally above the Miami 2,940 dollar equivalent at the central Brickell tier and structurally below the Hamilton 4,600 dollar Bermuda equivalent), the structural federal capital and the Caribbean financial center anchor at 250 plus international bank licenses and the 270 billion dollar offshore funds register on the 2024 reading. Nassau runs the structural Lynden Pindling International Airport at 22 nonstop destinations and the federal Atlantis Paradise Island resort tier at the 3,800 room footprint.
02
Grand Bahama , index 6.8
Freeport, Grand Bahama, 48,000
Freeport takes the Bahamian number 2 city of 2026 at a 6.8 everycity index on the combined cost basket at 2,180 dollars a month at the central Lucayan and Bahamia tier (structurally 36 percent below Nassau), the structural Grand Bahama provincial capital and the federal free trade zone anchor at the Hawksbill Creek Agreement 1955 grant, and the structural Grand Bahama International Airport at 6 nonstop destinations. The structural Hurricane Dorian September 2019 rebuild reading remains 78 percent complete on the 2026 baseline with the central Lucayan Beach corridor at the federal slowest recovery tier.
03
Abaco , index 6.4
Marsh Harbour, Abaco, 6,200
Marsh Harbour takes the Bahamian number 3 city of 2026 at a 6.4 everycity index on the combined cost basket at 2,640 dollars a month on the structural post Dorian rebuild corridor, the structural Abaco provincial capital and the federal yachting anchor at the 200 plus charter fleet on the central Hope Town and Treasure Cay tier, and the structural Leonard M. Thompson International Airport at 4 nonstop destinations including Nassau and Fort Lauderdale. Marsh Harbour runs the structural American expat sailing community anchor at the central Boat Harbour Marina and the federal Bahamas Family Islands second largest population reading.
04
Exuma , index 7.2
George Town, Exuma, 1,800
George Town takes the Bahamian number 4 city of 2026 at a 7.2 everycity index on the combined cost basket at 2,820 dollars a month on the central Out Islands corridor, the structural Exuma district capital and the federal yachting destination anchor at the Elizabeth Harbour 365 cay chain (the central swimming pigs at Pig Beach, the Thunderball Grotto, and the iguanas at Allen's Cay), and the structural Exuma International Airport at 5 nonstop destinations. George Town runs the structural January to April high season corridor at the federal Family Islands premier tier and the central second home tier for the dollar earning American family on the 1 hour 25 minute Nassau hop.
05
Eleuthera , index 7.0
Governor's Harbour, Eleuthera, 1,400
Governor's Harbour takes the Bahamian number 5 city of 2026 at a 7.0 everycity index on the combined cost basket at 2,420 dollars a month on the structural Eleuthera island corridor at 110 miles long and 2 miles wide, the structural federal capital of Eleuthera at the central French Leave Beach and the federal Pineapple Air anchor, and the structural Governor's Harbour Airport at 3 nonstop destinations. Governor's Harbour runs the structural pink sand beach tier on the Atlantic side at the federal Harbour Island Pink Sands Beach proximity on the 25 minute ferry connection, and the structural off grid second home tier for the dollar earner who wants Out Islands quiet.
No. 03 , Visa Overview
The visa stack.
The Bahamian visa stack runs against the federal 90 day visa exempt tourist visa for the structural United States, United Kingdom, Canadian, and EU inbound at zero visa friction, extendable to 8 months on the central renewal corridor at the federal Department of Immigration desk in Nassau or Freeport. For the relocator on the longer than 8 month horizon, Bahamas carries four primary categories at the federal level. The Annual Residence Permit runs at 1,000 dollars a year for the qualifying applicant with proven 32,000 dollar a year passive income or salary and the central Bahamian sponsor or property letter on file. The Permanent Residence runs the central two pathways: the qualifying 750,000 dollar property investment at the 1 percent stamp duty floor or the discretionary application at the federal Cabinet review tier with the structural 250,000 dollar minimum applicant net worth threshold.
The Bahamas Economic Permanent Residence runs the Accelerated Consideration tier at the qualifying 1,500,000 dollar Bahamian property investment with the central 21 day processing standard (the federal premium tier for the high net worth inbound). The Employment Work Permit runs at the qualifying offer of Bahamian employment with the structural 35 percent unemployment offer denial reading on the 2024 federal Department of Labour readout (the federal employer must demonstrate no qualifying Bahamian candidate for the role; the central permit fee runs 750 to 12,500 dollars a year by role category). Bahamian naturalization runs the 10 year continuous residence pathway with the structural English language and Bahamian civics examination, the central character reference requirement from three Bahamian citizens, and the renunciation of prior citizenship (the central Bahamian dual citizenship not recognized at the federal level for naturalized citizens though the structural birthright dual recognized for the foreign born child of a Bahamian father).
The full 2026 visa guide walks the application stack across the Bahamian permit corridor. The structural recommended path for the dollar earner with 32,000 dollar a year proven income is the Annual Residence Permit at the 1,000 dollar a year filing tier renewable indefinitely without the requirement to convert to Permanent. For the high net worth inbound on the 750,000 dollar Bahamian property threshold, the Permanent Residence under the Economic Investment route runs the cleaner path at the central 21 day Accelerated Consideration tier. The banks for expats guide walks the structural Royal Bank of Canada Bahamas, Scotiabank Bahamas, and Bank of the Bahamas account opening corridor.
No. 04 , Cost Overview
The cost basket across the country.
The Bahamian cost basket runs from the central Nassau tier at 3,420 dollars a month at the Cable Beach and Sandyport one bedroom corridor to the George Town Exuma tier at 2,820 dollars on the Out Islands corridor to the Marsh Harbour tier at 2,640 dollars on the Abaco corridor to the Governor's Harbour Eleuthera tier at 2,420 dollars to the Freeport Lucayan tier at 2,180 dollars (the federal cheapest urban tier). The structural rent line in Cable Beach Nassau runs 1,820 dollars a month at the entry tier for a one bedroom and 2,820 dollars for a two bedroom; the equivalent Freeport Lucayan runs 980 dollars and 1,420 dollars; the George Town Exuma one bedroom runs 1,640 dollars at the central Hooper's Bay tier.
The grocery line is the variable Bahamian residents underestimate. Federal food import duty at 25 percent on most categories plus the 10 percent VAT pushes the central grocery basket 42 percent above the Miami baseline, with cereals and dairy at 58 percent above. Restaurant pricing runs 18 to 28 dollars for the mid range dinner at the central Nassau tier and 14 to 22 dollars at the Freeport tier; the conch salad and conch fritter local tier runs 8 to 14 dollars at the Arawak Cay Fish Fry. Utilities run 320 dollars a month for the qualifying central tier two bedroom Nassau apartment with the federal Bahamas Power and Light residential rate at 0.34 dollars a kWh (the central Caribbean second highest power tariff behind Saint Kitts).
For the parallel filters: the cities with no income tax ranking places Nassau at the structural global top 20 anchor on the zero income tax federal basis; the cities near beaches ranking places George Town and Governor's Harbour at the structural global top 50 anchor; the cities for retirees ranking places Nassau at the structural global top 90 anchor. For the affiliate stack: Wise handles the inbound USD transfer at the 1 to 1 BSD peg with no parallel rate friction; Booking.com handles the inbound short term housing on the Nassau, Paradise Island, and Exuma rental tier at within 4 percent of the long term lease rate.
The Bahamian tax regime runs the central zero income tax federal anchor, zero capital gains tax, zero inheritance tax, and zero corporate income tax for the qualifying International Business Company. The federal Value Added Tax runs at the 10 percent headline rate from the January 2022 lift from 7.5 percent; the federal real property tax runs at the 0.625 percent rate on owner occupied above 250,000 dollar valuation and 1 percent above the 500,000 dollar threshold (the federal Bahamian citizen owner occupied exempt below 300,000 dollars). The federal stamp duty on Bahamian real estate purchase runs 4 percent at the 0 to 100,000 dollar tier, 6 percent at the 100,000 to 1,000,000 dollar tier, and 8 percent at the 1,000,000 plus tier. The full zero income tax cities guide walks the effective Bahamian take home corridor against the global low tax cluster.
No. 05 , Climate
The climate across the country.
The Bahamian climate runs the tropical savanna Koppen Aw envelope across the federal territory with the structural year round 70F to 90F daytime corridor and the central November to April dry season tier. The Nassau January 78F daytime high runs the structural cool season peak; the Nassau August 89F daytime high runs the federal hot season anchor at the 75 percent humidity ceiling. The Freeport Grand Bahama January 76F daytime high and August 88F daytime high run within 2F of the Nassau benchmark on the structural 80 mile separation. The Out Islands tier from George Town Exuma to Governor's Harbour Eleuthera runs the structural 1F to 2F cooler envelope on the Atlantic side trade wind anchor at the federal year round 12 to 18 knot east trade wind tier.
The Bahamian rainfall runs the central 52 inch a year Nassau anchor, the 56 inch Freeport, and the 48 inch Eleuthera with the structural June to October Atlantic hurricane season corridor at the federal 14 named storm 2025 reading. The Bahamian hurricane exposure runs at the structural top 5 globally on the per capita basis with the central Hurricane Dorian Category 5 September 2019 reading at the federal 70 billion dollar reconstruction estimate and the central Marsh Harbour and Hope Town Abaco rebuild at the 78 percent complete on the 2026 reading. The federal Bahamian Met Office hurricane preparation guidance runs the central evacuation order tier for the qualifying Category 3 plus storm corridor with the structural shelter and supply protocol on the federal Department of Disaster Risk Management 2024 release.
The Bahamian water clarity runs the central 200 plus foot visibility tier on the structural Tongue of the Ocean trench corridor at the federal central deep water access (the structural Andros Island barrier reef anchor at the federal third largest barrier reef globally behind the Australian Great Barrier and the Mesoamerican). The Bahamian biodiversity reading runs the structural 230 plus bird species reading, the central Andros Island flamingo population, and the federal Inagua National Park 80,000 plus West Indian Flamingo colony at the federal largest western hemisphere reading. The federal protected area network runs 32 National Parks at the central Bahamas National Trust 2024 inventory on the 1.5 million acre footprint.
No. 06 , Daily Life and Lifestyle
The daily life across the country.
The Bahamian daily life runs the English working language at the federal level with the structural Bahamian dialect at the central Out Islands tier and the federal King's English at the formal business and government corridor. The EF English Proficiency Index 2025 does not rank Bahamas as the federal native English country reading is the structural ceiling. The Bahamian workday runs the 9 am to 5 pm tier across the central Nassau Bay Street financial corridor with the structural Bahamian lunch break at the 12 pm to 1 pm anchor and the central Saturday half day on the 9 am to 1 pm anchor across the retail tier.
Bahamian food and drink runs the structural conch as the federal national dish anchor with the central conch salad, conch fritter, conch chowder, and cracked conch signature, plus the federal Bahamian boil fish, chicken souse, peas n rice, johnnycake, and guava duff signature on the breakfast and dinner tier. The Kalik beer at the central 4 dollar restaurant tier and the Sands beer at 3.50 dollars run the federal national beer anchor; the structural Bahamian Goombay Smash and Sky Juice cocktail runs the federal national drink anchor at the central tourist tier. The Bahamian restaurant menu del dia equivalent runs at 14 to 22 dollars at the central local Bahamian fish fry tier with the structural Arawak Cay Fish Fry as the federal anchor on Nassau and the Smith's Point Fish Fry on Grand Bahama.
The Bahamian transport regime runs the central jitney bus at the 1.25 dollar fare across the Nassau New Providence network with the structural 32 numbered routes covering 92 percent of the populated New Providence. The intercity transport runs the central Bahamas Ferries network across the Out Islands at the 6 to 14 hour service envelope and the central Bahamasair domestic carrier tier at the structural Nassau hub with 13 Out Islands destinations on the daily schedule. The structural taxi from Lynden Pindling International to Cable Beach Nassau runs at 22 dollars on the federal regulated tariff; the structural Uber and Bolt rideshare not licensed at the federal level. The structural fuel cost runs at 1.32 dollars a liter at the May 2026 reading; the structural Nassau central tier monthly transit pass runs at 76 dollars at the central jitney pass tier. For the inbound on the structural relocator horizon, the Nassau profile walks the daily life at the federal capital tier.
No. 07 , Healthcare and Schools
The healthcare and the schools.
Bahamian healthcare runs the dual federal Public Hospitals Authority and the central private sector cluster. The qualifying Bahamian citizen receives the federal National Health Insurance access at zero point of service cost across the central Princess Margaret Hospital Nassau, the Rand Memorial Hospital Freeport, and the federal 53 community clinic network. The federal Bahamian public healthcare ranks at the central WHO 2024 reading at the 94 of 195 global tier (the structural Caribbean top 5 anchor; the federal life expectancy 74.2 year reading). The inbound on the qualifying private supplemental tier runs at 4,800 to 8,400 dollars a year per adult at the comprehensive Bahamas First, Colina Insurance, and Cigna Global network (the central Doctors Hospital Nassau and the Lyford Cay Hospital private cluster).
The Bahamian international school tier runs at 14 schools across the federal territory at the May 2026 reading. The Nassau cluster runs at 10 schools at the central Lyford Cay International School (the federal premier IB World tier at 24,800 dollar a year tuition), Lucaya International School Freeport, Tambearly School, the Discovery Junior School, the Albany Academy at the central 32,400 dollar a year tier, and the Saint Andrew's School Anglican network; the Out Islands cluster runs at 4 schools across Abaco, Exuma, and Eleuthera. Annual fee runs at 8,400 dollars at the entry tier, 16,800 dollars at the central mid tier, and 32,400 dollars at the structural Albany Academy premium tier.
The Bahamian university tier runs at 4 institutions at the federal level. The University of The Bahamas at the central 1974 founding date as the College of The Bahamas and the 2016 charter as University, the federal main Oakes Field campus Nassau, the structural Northern Campus Grand Bahama, and the central University of The West Indies School of Clinical Medicine and Research Nassau cluster at the central 2,400 to 8,400 dollar a year tuition tier on the central Bahamian citizen rate and the 12,400 dollar a year tier on the central international rate.
The Bahamian lifestyle infrastructure runs the central Nassau Bay Street, the federal Atlantis Paradise Island anchor at the 3,800 room footprint, the federal Baha Mar Cable Beach at the 2,300 room footprint, and the central Lyford Cay private community at the federal high net worth anchor. The cultural anchor runs the central Junkanoo street parade on the federal Boxing Day December 26 and New Year's Day January 1 corridor at the central Bay Street Nassau route with the structural rake n scrape and goombay music anchor; the central Bahamas Independence Day runs the federal July 10 1973 separation from the United Kingdom anchor with the central Clifford Park and Government House Nassau ceremony. The federal Christmas tradition runs the central December 25 anchor at the structural Bahamian Christmas Eve church service tier with the central New Providence and Out Islands family return migration.
No. 08 , Related Reading
Where to go next.
City profiles
Bahamas cities.
Nassau ; Freeport ; Marsh Harbour ; Punta Cana for the parallel Hispaniola read ; Miami for the parallel mainland anchor.
Sources, May 2026. Numbeo cost of living index May 2026 ; Mercer Cost of Living Survey 2026 ; OECD Better Life Index 2025 ; World Bank Open Data 2025 ; IMF World Economic Outlook April 2025 ; Bahamas Department of Statistics 2024 census ; Central Bank of The Bahamas 2026 ; Bahamas Department of Immigration 2026 ; Bahamas Public Hospitals Authority 2024 ; Bahamas Ministry of Education 2026. First published May 20, 2026. Last updated May 20, 2026.