Many foreigners get hurt in the Bahamas
If you are interested in Bahamas realty or an investment in Bahamas real estate, there is a high risk that you will be.deceived. Too many Bahamian real estate agents talk about the beauty of the Bahamas but we simply let you know why the beauty is skin deep only. Consequently you should not wonder that this Web Site is designed for Non-Bahamians only. As a foreigner you have red a lot about sun, sand and sea in the Bahamas or about friendly people, dream homes away from your home, clean environment, skilled work force, honest lawyers, British law and so much more. Bahamian public agencies and even a New York based public relations agency are not lazy to convince American journalists for well guided journeys in order to publish positive stories about this little island nation.
No wonder that foreign investors without good backgrounds are always astonished about the discrepancy between advertising statements in brochures and the real disappointments and dangers in the Bahamas. Officials from the Bahamas Investment Authority, real estate agencies and salesmen from Bahamian development companies have to be warned to continue to present their products in a wholly positive light and to say things which are not altogether true.
Foreigners have to consider that in case untruth could be a competition at the Olympic Games, Bahamas would have good prospects to win one of the medals. Bahamians tell foreigners what they want to hear only. True is that the Bahamas is absolutely no paradise, and no place to invest money. There is a saying: Look at it if you want but don´t touch it!
In consideration of tremendous advertising Bahamians or American developers find always contracting parties to buy apartments in gated communities, timeshare projects or other properties. But some buyers get already angry shortly after they signed a contract. Many foreigners are happy to be able to sell their home in the Bahamas even if they lose money. Therefore we deeply recommend to do your research before going to the Bahamas and before buying a property. Ther are many reasons. Especially Americans are angry with their embassy in Nassau because they don´t feel protected in the Bahamian jungle of crime, corruption, killing, drug trafficking, dishonesty and injustice.
Even if you - as a Non-Bahamian - bought already a home in the Bahamas it might be interesting to share our experiences and to be a member. Our policy is that Bahamians do not need to be a member because they have enough knowledge about their homeland, they can read local newspapers and talk to fellows. And in addition as voters they are responsable for their people in power, they might be even a member of the corrupt elite - at least they have a possibility to contact the Bahamas Attorney General.