This development opportunity is ideal for investors. Sitting on miles of pristine beaches. This is a land developers dream. East Grand Bahama is a part of the Grand Bahama economic recovery plans. There is NO Capital Gains Tax in The Bahamas. Ownership of Property is conveyed in fee simple. Ask about the Hotel Encouragement Act and Government---s incentives on investment opportunities. East Grand Bahama also encompasses the settlements of Rocky Creek, Pelican Point, Gambier Point, and Sweeting---s Cay. The main attractions of the region are its stunning, unspoiled beaches. High Rock was once the site of a United States Air Force missile tracking station, which used to monitor launches from Cape Canaveral and NASA---s manned space flights. The station was also previously used by two film studios.
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