Offshore
Bahamas Trust: Benefits, Types, and How to Set One Up
What comes to mind when you think of the Bahamas? Beautiful beaches and clear waters? Undoubtedly, the Bahamas has some of the world’s most scenic locations, but the country has…
Bahamas
Nomad Passport Index Ranking
50T
Nomad Rank
94.50
Total Score
Country
Bahamas
Capital City
Nassau
Language
English
Currency
Bahamian dollar
Region
Americas
Landlocked
No
Bahamas
Nomad Passport Index Ranking
The passport of Bahamas is currently ranked as 50T, with a total score of 94.50. Bahamas passport ranking relative to other global passports is calculated by relying on the Bahamas government's approach not just to travel, but also to international taxation laws, global perception, dual citizenship, and personal freedom as just the number of countries Bahamas passport holder may visit won't tell the whole story and you will have to deal with far different requirements to pay tax, live freely, comply with regulations, and avoid scrutiny when traveling.
| 149 | 50 | 30 | 20 | 50 |
| Travel | Taxation | Perception | Dual Citizenship | Freedom |
Visa-Free
Visa On Arrival
Visa eTA
Visa Required
Travel Destinations from Bahamas 50% in total score
For the Bahamas Travel score calculation, we relied on data from the IATA, Henley Index, and news sources to rank travel access. We calculate the Travel scores by summing up Visa-free, Visa On Arrival, and eTA countries. Based on that data, we assigned Bahamas a Travel score of 149 as there are 99 countries that Bahamas passport holders can enter without a visa (i.e. visa-free countries), 43 countries that allow Bahamas passport holders to enter by obtaining a visa on arrival (i.e. visa-on-arrival countries) and 7 electronic travel authorization (eTA) destinations. Altogether, Bahamas passport holders can enter a total of 149 destinations — either without a visa, through a visa on arrival, or via an eTA. Separate from these 149 destinations, there are 101 additional destinations which Bahamas passport holders either need a physical visa to enter or an eVisa.
Taxation in Bahamas 20% in total score
For the Bahamas Taxation score calculation, we relied on data from our network of tax vendors, news sources, and tax authorities themselves. We assigned the lowest score of 10 to countries that tax citizens no matter where they live, scores of 20 or 30 to countries that allow citizens to relocate to avoid tax, 40 to those that don’t tax foreign incomes of resident citizens, and 50 to countries with zero tax. Based on that data, we assigned Bahamas a Taxation score of 50, meaning that Bahamas has zero taxes.
LET US CREATE YOUR HOLISTIC OFFSHORE PLAN
Having a second residence in another country is a great way to diversify away from your home country, pay less in taxes, and possibly obtain a second citizenship, but are you sure that Bahamas is the best option for you? Let our experienced team create and implement a bespoke, holistic strategy for you to legally reduce your tax rate offshore, protect your assets, invest overseas, obtain a second citizenship, and improve your peace of mind. We've helped 1,500+ HNWI entrepreneurs and investors and we can help you, too.
BECOME A CLIENTPerception in Bahamas 10% in total score
For the Bahamas Perception score calculation, we relied on the World Happiness Report, the Human Development Index, and subjective factors from our networks’ experiences to determine how each country’s citizens are received and recognized. We assigned the lowest score of 10 to those whose citizens are refused entry to a substantial number of countries and/or whose citizens encounter substantial hostility, scores of 20, 30, and 40 to countries whose citizens experience intermediate hostility, and 50 to countries ranked among the happiest in the world and whose citizens experience minimal hostility. Based on that data, we assigned Bahamas a Perception score of 30, meaning that Bahamas citizens experience intermediate hostility.
Dual Citizenship in Bahamas 10% in total score
For the Bahamas Dual Citizenship score calculation, we relied on embassy data and our experiences to assess the ability to hold dual citizenship, ranging from a score of 10 for strictly forbidden to a score of 50 for freely allowed. We assigned the score of 10 and 20 to countries whose citizens are strictly forbidden to hold other citizenships, scores of 30 and 40 to countries whose citizens are often allowed to hold other citizenships but with certain restrictions, and 50 to countries whose citizens are almost always allowed to hold other citizenships. Based on that data, we assigned Bahamas a Dual Citizenship score of 20, meaning that Bahamas citizens are strictly forbidden to hold other citizenships.
Freedom in Bahamas 10% in total score
For the Bahamas Freedom score calculation, we relied on data and news reports on mandatory military service, government surveillance, press freedom, and other factors to determine the personal freedom of citizens, travelers, and expats, with scores from 10 being the least free and 50 being the freest. We assigned the scores of 10 and 20 to countries whose citizens have low freedom, scores of 30 and 40 to countries whose citizens have intermediate freedom, and 50 to countries whose citizens have total freedom. Based on that data, we assigned Bahamas a Freedom score of 50, meaning that Bahamas citizens have total freedom.
ARTICLES FEATURING Bahamas
Offshore
Banking in the Bahamas: The Ultimate Guide
The beautiful tropical destination of the Bahamas is known for many things. Want to open a bank account? Need to lower your taxes? Interested in starting an offshore business? The…
Global Citizen
Bahamas Residency by Investment: Live a Tax Free Life
What do you get when you mix a tax haven with a tropical haven? The Bahamas. With 700 islands, award-winning beaches, and almost no taxes, the Bahamas offers a life…
Finance
Zero-Tax Countries: Where to Move to in 2024
Whether you’re a digital nomad, a crypto investor, a successful entrepreneur or just plain old wealthy, there are plenty of reasons to reach for your suitcase in 2024. While it’s…
SIMILAR PASSPORTS
Bahamas
| Rank | 50T |
| Score | 94.50 |
| Travel | 149 |
| Taxation | 50 |
| Perception | 30 |
| Dual Citizenship | 20 |
| Freedom | 50 |
Bahamas