Real Property Tax
Property Tax Calculator
Estimate your annual Real Property Tax in the Bahamas. Due March 31 each year.
Rate Schedule
- · Owner-occupied under $300k: Exempt
- · $300k–$500k: 0.625%
- · Above $500k: 1%
- · Non-owner residential: 1% / 1.5%
- · Commercial: 1% / 1.5%
- · Vacant land: 1.5% flat
Key Dates & Facts
- · Due date: March 31 annually
- · Late penalty: interest accrues
- · Clearance certificate required for sales
- · Pay online at Bahamas.gov.bs
- · Department of Inland Revenue: (242) 225-7280
- · Appeals: file within 30 days of assessment