Exuma realtors are calling on the Government to intervene in what they term is the over-valuation of properties by the Treasury department on that island, causing home and land owners to pay property taxes of upwards to three times what they are legally entitled to pay.
Collingwood Turnquest, a realtor in Exuma with Coldwell Banker Lightbourn Realty, told The Tribune yesterday that winter residents in particular have even considered leaving the island because of this.
"These people have breathed life into Exuma for six months of every year, especially since the recession. The only other money-maker on the Island is Sandals Resort at Emerald Bay.
"I find myself asking the question of how doe ...
Exuma realtors are calling on the Government to intervene in what they term is the over-valuation of properties by the Treasury department on that island, causing home and land owners to pay property taxes of upwards to three times what they are legally entitled to pay.
Collingwood Turnquest, a realtor in Exuma with Coldwell Banker Lightbourn Realty, told The Tribune yesterday that winter residents in particular have even considered leaving the island because of this.
"These people have breathed life into Exuma for six months of every year, especially since the recession. The only other money-maker on the Island is Sandals Resort at Emerald Bay.
"I find myself asking the question of how doe ...
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