Bahamas Investments Guide

Bahamas Investments Guide With a skilled, literate workforce, good communications, a stable parliamentary democracy, a legal system based on English common law, an ideal location less than 90 miles from the North American mainland, and excellent weather year round, the Bahamas is an ideal place to invest.

The exciting hotel facilities at Atlantis Paradise Island owned by Kerzner International Ltd., is an example of the successful investment potential that The Bahamas has to offer. Sandals and Breezes hotel chains have also shown confidence in the Bahamas by investing substantial sums and operating first class tourist facilities using the Bahamas’ well trained hospitality employee base. In Freeport, the Hong Kong conglomerate Hutchinson-Whampoa Ltd. maintains world class port facilities and is committed to increased investments in Grand Bahama.

Under a liberal investment policy, the Bahamas Government fosters a business and investor friendly environment. As a means of cutting the red tape and facilitating the coordination among the relevant government agencies, the Bahamas Investment Authority (BIA) has been established as a “one-stop-shop” for investors. For major investment projects, the BIA prepares the papers submitted for approval to the National Economic Council (NEC) which consists of major government ministers. To expedite an investment project, it is advisable to retain the services of a Bahamian attorney.

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