Through a membership and residence at The Abaco Club on Winding Bay, calling the Bahamas home has never been easier.
Only a few decades ago, getting away from it all was much easier to do. Tropical isles in all parts of the world were less developed, which meant you didn’t need to travel far to feel like you had. And while it was easier—in some respects—to escape to an island oasis, it was far from simple trying to purchase or build a vacation home there. These days, the time required to actually retreat to an exotic, away-from-it-all island and the steps needed to subsequently purchase real estate there are both plentiful and in some cases unappealing. Both ventures can seem intimidating tasks. However, at one particular private sporting club and community—The Abaco Club on Winding Bay—getting away from it all and calling that destinations home are much easier than you might think.
The Abacos are a string of barrier islands and cays located less than 200 miles from Palm Beach, Fla; and while they’re not far from the islands of Grand Bahama and New Providence—isles home to bustling cities like Freeport and Nassau—the Abacos are characterized by a slower pace. They simply embody the attractive ideals of “island time.” At 120 miles in length, Great Abaco is the largest island in the chain, and its eastern shore is home to The Abaco Club. Only a short flight from many ports in southeast Florida, the island generally offers better weather than those locales, both in the summer and the winter. Best of all, numerous daily flights land at the island’s modern airport in Marsh Harbour, only a 30-minute drive from The Abaco Club (the airport’s FBO also welcomes private jets), which means a Bahamian holiday is much closer than you think.
While the process of buying real estate on some Caribbean islands—and other island nations—is harrowing and, frankly, downright difficult, the Bahamian government embraces those opportunities. Because of that, foreigners are often surprised by the ease of the process. To begin, they must hire a Bahamian attorney to act on their behalf (The Abaco Club relies on a stable of attorneys who are familiar with this process), but the forms to complete are simple and straightforward. Yes, the entire process takes about 90 days, but that is to be expected in an island nation that promotes a relaxed and slower pace of life.
Perhaps the most attractive aspect to buying or building a home at The Abaco Club—aside from the club’s welcoming community or the many world-class amenities that it offers—is its optional rental program and the tax savings that that program can provide. Through an agreement that the club has made with the Bahamian government, homeowners who enter their residence into the club’s rental pool, making it available to guests for nine months out of the year, are not subject to property taxes.
From The Abaco Club’s easy access from ports along the southeastern coast of the United States to the relative ease of purchasing or building a home within its protected borders—not to mention the possible tax savings involved—one thing is abundantly clear: it’s never been easier to get away from it all.