The Private Islands of The Bahamas
The Bahamas chain of islands boast some 700+ jewels on the earth. Many are uninhabited and many are for sale and untouched. Just waiting for a new owner to make it the perfect piece of paradise. There are many developed islands also for sale. Some are private islands, owned by individuals or corporations. A private island affords the owner the ultimate privacy and opportunity to build their own play ground in the sun.
Developing a Private Island
Most private islands are ‘off the grid’. Meaning there is no commercially supplied electricity. However, there are many options today for power. Locally you can purchase solar power. The government looks favourably upon this alternative and so there is a low import duty rate. There is wind power which is not sold on the island, but can be imported. Generated power is also available and also carries low import duty rates.
There is a simple process for permitting to build on land. There are requirements for building on private islands that meet and surpass the ‘Dade County’ structural codes. Building permits are obtained through local government and require approval from The Ministry Works Department. Dredging permits have a more stringent guideline as well as dock permits. Applying for these permits is done locally through the Ports Department. An inspection of your private island is necessary for these permits.
The importing of goods is a very easy process. There are cargo ships that service Abaco weekly and come directly from West Palm Beach and Fort Lauderdale in Florida. When importing any item, there are several local clearing agencies that make the process painless.
Please contact us with any questions you may have about the private islands listed below or ones that you may be interested in. We have a knowledgeable staff of native Bahamian Brokers and Realtors that are ready and willing to help you.