Yes there are some local fees and regulations to navigate, we will provide recommendations on optimal ways to navigate this process.  As with any type of fee or regulation, there are always ways to improve the process. 

Keep in mind this property gives you access to the local government and banking, therefore allowing you to utilize the Bahama's very nice tax policies toward short and long term capital gains...  Many doors open for local real estate investors, as the purchaser of this villa would be!