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The Grand
Bahama Chamber of Commerce Grand
Bahama Page 5 Customs Tariffs for Returning ResidentsThe general tariff on most imported goods is 35% advalorem (based on value). However, clothing attracts a 25% tariff and some items attract a higher tariff. Others such as staple foods and selected tourist shopping items have a low or no tariff. Practically all types of medicine are duty free. Cars are subject to a duty of 45% to 60%. There is a 7% stamp tax on the C.I.F. value of imported goods. Articles imported by parcel post up to a value of $500 wouldn't not require an entry fee. Returning residents have $300 exemption twice a year. Customs Import DutiesCustoms Duty is an extremely important source of revenue to The Bahamas Government. Import duty tariffs vary according to the type and category of the commodity being imported. Duty is assessed on the value of the imported goods landed in Freeport, including all freight and clearance charges prior to the calculation. Residents are allowed an exemption of $300 twice a year before calculation of duty on personal items purchased abroad. Immigration Regulations Passport and VisasThe Bahama Islands are a major tourist resort and for this reason, every effort is made to keep visitors Immigration formalities to a minimum. Non-commonwealth citizens should inquire at the nearest British Consulate or Bahamian Embassy for entry requirements at they vary from country to country. All visitors, however, are required to have a return or onward ticket and a document which will permit them to enter another country. They may also be asked to produce evidence of sufficient funds to allow them to sustain themselves whilst in The Bahamas. A visitor may reside in The Bahamas for a maximum period of eight (8) months, provided that he can support himself or indicate means of support for this period. Visitors are not allowed to engage in any form of gainful occupation while in the commonwealth of The Bahamas. PASSPORTS Passports are required by all persons except:
VISAS Visas are required by all persons entering The Bahamas, except:
Applications for visas from persons in the following categories must be referred to the nearest Bahamian Consular Officer:
Visas for persons in the following categories may be granted without prior reference:
Real EstateThe Grand Bahama Real Estate Association in Grand Bahama consists of qualified brokers and property management/development agencies who serve as agents for residential subdivisions and commercial sales popery for Grand Bahama Island. Information on real estate in the Freeport/Lucaya area is available through the Grand Bahama Development Company or the Grand Bahama Real Estate Association. Non-Bahamians may purchase land in The Bahamas under 5 acres without permission of the Government, any such property must however be registered. The International Persons Land Holding Act (1994) governs this. For further information contact the Prime Minister's Office, P.O. Box F-41824, Freeport, Grand Bahama or Telephone (242) 352-8525 or Fax (242) 352-8520. ChurchesThe Bahamas is officially known as a Christian Country. Denominations represented are Church of England (Anglican), Roman Catholic, Methodist, Presbyterian, Christian Science, Baptist, Greek Orthodox, Salvation Army, Jehovah's Witnesses, Seventh-Day Adventist, Lutheran and Pentecostal. Other faiths include Hebrew, Muslim, and Bahai's. Most or all of those denominations and faiths are represented in Grand Bahama. ClubsGrand Bahama Island has a variety of established clubs covering many interests. They include: American Men's Club, American Women's Club, Alliance Franchise, Canadian Men's Club, Canadian Women's Club, Lions Club, The Pilot Club, Toastmaster, Kiwanis, Rotary, Business & Professional Women's Club, Y.M.C.A. among others.
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