The Bahamas Investor

...ransparency and exchange of information standards — form the backbone of a comfortable and business-friendly environment for business owners and executives from any part of the world. Tax neutrality for those wishing to relocate in a completely transparent way has always been a part of the Bahamian economic landscape and one of the advantages of living in The Bahamas. There is no income tax, corporate tax, capital gains tax, inheritance tax or sal......

...an accord allowing nationals to travel between China and The Bahamas, visa free, for 30 days. The agreement came into effect February 12, 2014. At the time of the announcement, the Ministry of Foreign Affairs and Immigration released a statement saying that the accord was “another step in strengthening already friendly relations” between the two countries. The new agreement allows a person holding a valid diplomatic, official, service, public affa......

...f business. The records must be held in the prescribed electronic readable format for a minimum period of five years: a. in the case of self-certification, after the last day on which a related financial account is opened; and b. in any other case, the end of the last calendar year in which the record is relevant. Section 7 also provides that a reporting financial institution shall not destroy, conceal or alter books of accounts, records or other......

...t comment on specific cases and defended the Bahamian corporate registry. “Fees for online registry searches covers the cost and upgrading of the online system,” said authorities, according to the ICIJ. Regarding the sharing of tax information, authorities said, according to ICIJ: “The Bahamas negotiates in good faith with all appropriate partners of the Global Forum for Transparency and exchange of information for tax purposes, subject to…interna......

...Warren. “But you can actually use a SMART fund for a more regulated model, for example, to create an investor protection fund, which might require things such as a certain amount of insurance, a certain amount of capital required or more frequent reviews and reporting.” The idea is to broaden supervision at either end of the risk scale, with more or less oversight as required. And it’s user-driven, so if a fund sponsor wants to create an entirely......

...onduct of licensed gaming operations. In the context of a licensed casino, for example, an ICS is developed by collating all the legislative and regulatory requirements which apply to the casino industry, including the Act, the Regulations and the Rules, as well as the provisions of other legislation applicable to its operations, such as the provisions of anti-money laundering and financial transaction reporting legislation, and then developing an......

...aradise Island Best Western Bay View Suites British Colonial Hilton Nassau Comfort Suites Paradise Island The Cove Atlantis Graycliff Hotel Harborside Resort at Atlantis Meliá Nassau Beach Resort One&Only Ocean Club Paradise Harbour Club & Marina Paradise Island Beach Club Paradise Island Harbour Resort All-Inclusive The Reef Atlantis Sandals Royal Bahamian Spa Resort & Offshore Island Sunrise Beach Club & Villas This offer is valid for travel ori......

...beverage company. For more information please visit www.morganshotelgroup.com. Forward-Looking and Cautionary Statements This press release may contain certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relate to, among other things, the operating performance of our investments and financing needs. Forward-looking statements are generally identifiable by......

...be available through December 2, 2018 on the internet at edge.media-server.com/m6/p/dqwz6nkn or by dialing 800-585-8367 and entering the access code 9187535 Buckeye’s global network of marine terminals enables it to facilitate global flows of crude oil and refined petroleum products, offering its customers connectivity between supply areas and market centers through some of the world’s most important bulk liquid storage and blending hubs. Buckeye’......

...change operator said in a notice issued to traders late Monday. (r.reuters.com/der63t) NYSE Arca will offer firms the ability to test the opening and closing auctions on NYSE Arca on Tuesday from 8 a.m. Eastern Time (ET) until 12 noon ET, the exchange said. Opening auctions will run at 9:30 a.m. ET (1330 GMT) and closing auctions will run at 12 noon (1600 GMT), the exchange said. “We stress that, as of now, there has been no damage to the NYSE Eur......

.... Vincent Peet, Minister of Financial Services and Investments, lauded the Forum’s efforts in the passage of amendments to the Banks and Trust Companies Regulation Act in the House of Assembly. Over the years, Moree has worked closely with both political parties in promoting financial services, a talent that has made him an experienced spokesman for the industry and enhanced his reputation in government circles. He admits to enjoying his role as a......

...Organization of Securities Commissions (IOSCO ), the leading international forum for securities. The WIW campaign aims to raise awareness about the importance of investor education and protection and highlight the various initiatives of securities regulators in these critical areas. The commission has a slate of activities lined up to further its efforts to inform and educate investors in The Bahamas and participate in the global WIW effort. Key a......

...articipants the opportunity to receive training and earn ICT certification completely free of charge, but the students were also paid a stipend after six-week sessions. The completion of the first phase has given the participants nine college credits. Minister of State for Grand Bahama in the Office of the Prime Minister Kwasi Thompson spoke at the graduation saying: “The government’s vision is for Grand Bahama to become a technology hub. We are b......

...ere we can house and teach students,” says Trubridge. “It would be a venue for freediving courses, yoga courses and other disciplines that tie in with that philosophy.” The world famous freediver says it was Dean’s Blue Hole on the island, which at 663 ft (202m) is the world’s deepest, that lured him some 8,400 miles from his hometown of Havelock North, New Zealand, to train and set up his business. “I first came here in 2005, just to see the blue......

...It most likely will be long-term debt such as bonds, which banks are very comfortable funding for large infrastructure projects, and our coverage ratios are very good.” In the meantime Until the funding is in place and the expansion completed, however, the airport still has to be maintained. Unlike other facilities such as manufacturing plants or hotels, Nassau’s only airport cannot simply shut down for refurbishment. The continual upkeep of buil......