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Ultra-High-Net-Worth Individuals: Why The Bahamas is a Good Retirement Option

ultra high net worth individuals

Bahamas Benefits for Ultra-High-Net-Worth Individuals

The world’s wealthiest people, known as ultra-high-net-worth individuals, can afford to make their home anywhere, so why do so many choose to settle in The Bahamas? The Bahamas is the richest nation in the Caribbean and has a reputation for being a playground for the uber-rich.

With its world-class golf courses and casinos, the islands know how to cater to wealthy retirees. Of course, their enchanting beauty, sea-swept beaches, and tropical weather are also attractive to people who simply want to live in an extraordinarily lovely place. Fortunately, one doesn’t have to be an ultra-high-net-worth individual to retire to The Bahamas, but it’s no wonder why so many millionaires and billionaires choose to set up house in this postcard-worthy setting.

$30 Million or More in Assets to Be Part of This Exclusive Club

The exclusive club known as ultra-high-net-worth individuals is certainly a wonderful club to be part of. To be dubbed a ultra-high-net-worth individual, one must possess at least $30 million or more in assets, such as real estate, art, planes, or yachts. These extremely wealthy individuals have the means to travel all over the globe, but many choose to drop anchor in The Bahamas because it affords so much luxury, amenities, and fun in the sun.

How Many Ultra-High-Net-Worth Individuals Are There?

Ultra-high-net-worth individuals number about 610,000 worldwide. These people hold about 13% of the entire world’s wealth. The majority make their home in North America, but Asia and Europe also have large populations (in excess of 100,000 individuals) of ultra-high-net-worth individuals. 

10 Things That Make the Residences at Paradise Landing Perfect for Ultra-High-Net-Worth Individuals

The new Residences at Paradise Landing offer luxurious living at the water’s edge, right on beautiful Paradise Island. Here are just a few of the reasons ultra-high-net-worth individuals will want to call them home.

ultra high net worth people

All Luxury Condominiums Are Waterfront

Paradise Landing’s residences are all on the waterfront. Each features 10-foot-high floor-to-ceiling windows that offer arresting views of the glittering sea and the nearby Hurricane Hole Superyacht Marina, a premier facility in The Bahamas. Residents can dock their boats just outside their condo for convenient transport.

Two- and Three-Bedroom Layouts

The luxury Residences at Paradise Landing are available in two- or three-bedroom layouts. Naturally, ultra-high-net-worth individuals can customize the design and decor to arrive at a plan that’s uniquely suited to their needs and preferences.

Famous Neighbor

Located just steps from Paradise Landing is the world-famous Atlantis Resort with popular attractions like its casino, water park, spa, golf course, and marine habitats. Residents of Paradise Landing can take advantage of this proximity by visiting the resort’s attractions as often as they like.

Resident-Only Amenities

Residents of Paradise Landing will have access to resident-only amenities on Paradise Island. Enjoy a state-of-the-art fitness facility, swimming pools, private meeting facilities, and much more.

Tennis or Golf?

Residents of Paradise Landing can find sporting fun at the Ocean Club Beach & Tennis Courts. The Ocean Club Golf Course features 18 holes set within a pristine landscape. Of course, there are many extraordinary golf courses on the islands. Residents can easily make their way to courses like Albany Golf Course, Cable Beach Golf Course, The Abaco Club on Winding Bay, or Royal Blue Golf Club for a day of golf in the sun.

Commons Area

While residents enjoy venturing into the city to shop, many love the idea of having a vibrant commons area located on the marina’s grounds. A gourmet grocery store, wine and liquor store, laundry facilities, pharmacy, and other amenities all will make life at Paradise Landing especially convenient.

Marina Access

Of course, many residents of Paradise Landing are yachting enthusiasts. Living in proximity to the completely redesigned and expanded Hurricane Hole Superyacht Marina puts them near what’s dear to their hearts — boating and life on the water. The marina boasts a wealth of state-of-the-art services and amenities designed for yacht owners and their crews, including the ability to offer in-slip fueling — a first-of-its-kind convenient amenity in The Bahamas.

Fine Dining Nearby 

Paradise Landing is located in an upscale enclave that brims with restaurants, cafes, and coffee shops. Many of the restaurants feature renowned chefs who specialize in not only island cuisine but also European, Asian, and New American culinary traditions. Naturally, fresh seafood remains a popular option throughout the islands. 

Security

Residents of Paradise Landing enjoy 24-hour security. Ultra-high-net-worth individuals can enjoy the peace of mind of knowing that their home is protected. 

Business-Friendly Amenities

Paradise Landing features private meeting spaces for residents as well as high-speed internet. It’s important for residents to have access to the business-class amenities and services they need to work from their island home.

Live a Life of Luxury on Paradise Island 

Paradise Island is an extraordinary destination, but it’s even better when you live there. Paradise Island is situated just offshore from the capital of Nassau on New Providence. Its convenient location puts residents in close proximity to a wide range of attractions and must-have amenities. For someone considering a move to or retiring to Paradise Island, they’ll find that life as a permanent resident offers island life at its best. 

Easy Transportation

With bridges that span the harbor, residents of Paradise Island can easily access Nassau by car or boat. The island also features an airport and marinas like Hurricane Hole.

Beaches and More Beaches

Residents of Paradise Island have Cabbage Beach to enjoy with its white sand and crystal-blue waters. However, there are many stunning beaches nearby, including Cable Beach and Rose Island. People who make their home in the islands have the spectacular opportunity to visit any number of the country’s 3,000 islands, cays, and islets to enjoy their most beautiful beaches like the Tropic of Cancer Beach, Pink Sands Beach, Lighthouse Beach, Coco Plum Beach, Gold Rock Beach, and more.

Active Living

Sure, the beaches are the perfect place to relax, and residents of Paradise Landing can enjoy lounging by the pool any day of the week, but The Bahamas supports active lifestyles with its wide variety of available of outdoor activities as well. Residents of Paradise Island can enjoy popular outdoor activities like horseback riding, golf, tennis, scuba diving, snorkeling, sport fishing, kayaking, yachting, waterskiing, paddle boarding, swimming, hiking, and dancing the night away at island nightclubs.

Glittering Nightlife

The Bahamas boasts serene beaches, but it also features a vibrant nightlife scene with its dance clubs, bars, casinos, and restaurants. Residents have lots of entertainment options to look forward to, including music concerts, outdoor festivals, and private events hosted by some of the most exclusive hotels and resorts in the Caribbean.

Paradise Landing: The Right Home for Ultra-High-Net-Worth Individuals

If you’re thinking about making Paradise Island your home, you’ll be in great company. Many ultra-high-net-worth individuals have chosen to make their home on the island. With Nassau within convenient distance, the island offers residents the best of both worlds — peaceful island living and the nearby bustle of the city.

Be sure to explore the Residences at Paradise Landing to learn more about their exclusive amenities. Find out why so many people choose to move to the island and make The Bahamas their permanent or vacation home.

Contact Paradise Landing today at 242-677-1900 to start planning your life of luxury in paradise.

 

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