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We
welcome your interest in The Bahamas. Our island nation, long
known for its natural beauty, vibrant tourism industry, and a
mature, sophisticated financial services sector, is an important
business and financial centre.
Our
country has a long and distinguished history of political and economic
stability — as evidenced by a Parliamentary democracy of over 268
years and an increasing inflow of international investment. My government’s
commitment to growth is demonstrated by our new business-friendly
economic policy that promotes foreign investment and assures investors
of an established legal framework in which to work. Our new business
outlook is embodied in the National Investment Policy which was
put in place shortly after my first election in 1992.
The
Bahamas of today is a prime investment jurisdiction characterised
by:
The creation
of the Bahamas Investment Authority (BIA), an investor-friendly
agency;
Tax
Freedom;
New
progressive legislation to strengthen and enhance the Financial
Services Sector;
The
creation of The Bahamas Maritime Authority to ensure world class
open-ship registry services;
Targeted
investment incentives to promote development in Hotel Resort,
Manufacturing, Agriculture, and Light Industries;
Opportunities
for eco-tourism in the pristine Family Islands; and
First
class Second Home/Vacation Residences available without prior
approval from the Government.
We
hope the information presented herein captures your imagination
and brings you to our shores as a partner in the exciting economic
revitalisation currently underway. I invite you to contact the BIA
to learn more about the many investment options and financial incentives
available in The Bahamas.
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