Bahamas - Apply for Property Tax Assessment

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Procedure

Apply In-Person

1. If the applicant is the owner of the property, the following forms must be completed and submitted to the Real Property Tax Valuation Unit:
2. Property Tax Application Assessment form
3. A Declaration of Real Property Tax form.
4. Visit the following Contact Details Link.
5. The applicant can download the form from the following Form Link 1 , Form Link 2
6. In the case of owner-occupied properties, the owner must also fill out an Affirmation form in order to qualify for tax exemptions in the section where they live. Form Link.
7. The Unit then conducts a field visit to acquire information about the property.
8. The information gathered will be used by the office to estimate the property's worth and calculate the real property tax liability.
9. The Unit will then either write the owner to notify them of the tax liability or prepare and issue a tax bill.
10. The owner is welcome to inspect the object and can begin the procedure by visiting the office.
11. Once the bill is produced, it is due and payable. If bills are not paid by December 31st of the current year, penalties are imposed.
12. The Real Property Tax office is where property owners may pay their property taxes.
13. The office will give a receipt once payment has been made.

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Required Documents

• National Insurance Board Number
• Property Owner’s name
• Valid ID, Passport
• Deed of ownership
• Property Conveyance or Current Appraisal (i.e. less than 12 months old)

Office Locations & Contacts

Business Licence - Valuation Unit
Finance, Ministry of
Ground Floor Charlotte House
North Charlotte & Shirley Streets
P O Box 3017
Nassau, N.P., The Bahamas
E-mail : [email protected]

[email protected]

WebSite Link
Phone:(242) 325-2233/325-1171/325-2126
Fax: (242) 328-8003
Contact Address Details Link
Contact Details for Family Island Link

Eligibility

All Property Owners are eligible.

Fees

No processing fee for this service.

Validity

There is no deadline for this service.

Documents to Use

Application Form Link 1 , Form Link 2 , Form Link 3

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

The processing time is two to eight weeks.

Related Videos

Videos explaining the procedure or to fill the applications.
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Instructions

Please provide other instructions related to the certificate/documents.
e.g. The state office holds birth records since january 1908.

Required Information

• Name of Applicant
• State Name of Company if Limited Company
• Street Address
• P. O. Box
• Telephone No
• Legal Description
• Name of Mortgage

Need for the Document

It is required to determine the value of a property and its related Property taxes.

Information which might help

Website Link

Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

Place some external links which might help.

Others

More information which might help people.