The Bahamas Investor

...not do these things alone; they need skills and these skills can primarily come from overseas. The Bahamas, unlike most of our competitors, has developed a cadre of local professionals who make up the vast majority of employees within the financial sector. It is not possible, however, to develop international skills in financial services without international exposure, and whilst local programmes encourage secondment of individuals overseas, the n......

...Ministry of Tourism manager Anthony Stuart says the new direct ferry service from Miami to Bimini will take under two hours and bring in 300 passengers, five days a week to the Family Island.......

...Appétit, Epicurious, Wired, W, Golf Digest, Golf World and Teen Vogue. Over 300,000 travellers took part in the survey, submitting ratings and over 75,000 comments to create a list of favourite destinations. “They chose tiny private islands in the tropics, small culture rich cities in Europe, and Intimate River cruises,” according to Conde Nast. “Most notably, they declared a passion for the authentic, the personalized, the unexpected—finding all......

...e very, very happy.” He also wants the resort to be a success in the local community. “We really want the Rosewood at Baha Mar to become the social centre of Nassau,” he says. “We want the affluent Bahamians and expats to frequent the Rosewood Baha Mar and really feel that this is a home away from home in Nassau.” Mediterranean flavour Spain’s hotel giant Meliá, has taken control of the only hotel in the Baha Mar family that’s not new construction......

...ycock, interest in maritime marriages is picking up. “A London-based ferry company expressed an interest, as well as a couple of small vessel companies,” says Clarke-Maycock, who oversees 12 sections of the registration, which includes marriages, deeds and copyright, of public records for posterity. “Another big cruise line showing some interest is Norwegian Cruise Line.” The value to The Bahamas in terms of revenue could prove to be extensive, if......

...n, who Sir Sol appointed as senior vice president of his Sun International company. Tasked with developing and running the new resort, Farrington worked as the liaison between the company and the government. “In previous times with foreign direct investment the procedure was unwieldy and time consuming. Sometimes impediments were bureaucratically imposed that discouraged investors,” he says. However, in the case of Atlantis, the government of the......

...flat screen TVs and an abundance of charging stations. Atlantis can also accommodate exhibition shows with up to 300 8×10 ft booths, secure storage for 10 containers, offer teleconference facilities and provide in-house audio-visual expertise, among a host of other capabilities. Incremental growth Another property incrementally growing its group business is the Meliá Nassau Beach Resort, formerly the Sheraton Nassau Beach Resort. “Our groups and c......

...ou. Homes here range from one- bedroom properties to 14-bedroom beachfront complexes; the latter commanding as much as $50,000 plus per week. Beachfront and harbourside are the most sought-after locations, followed by the historic Dunmore Town with its colonial cottages renovated to include modern amenities, says Alexiou. A laid-back community, anonymity is one of its top selling points. “You can have actresses and heiresses walking on the beach o......

...BCCEC has long stressed that it is paramount for the government to ensure compliance and enforcement so that the system is not compromised. The administration of the new tax system has been undertaken by the Ministry of Finance’s VAT Unit and the Ministry of Finance’s financial secretary John Rolle currently serves as VAT comptroller. The government has also appointed a VAT Appeals Tribunal for businesses that may have a complaint against the VAT......

...arville has announced that travel marketing company Royal Seas Cruises has commenced marketing cruise and stay vacation packages to Grand Bahama that are expected to generate over 50,000 stopover visitors and 100,000 visitor nights, with some 80 per cent of guests hosted at their preferred resort partner, the Grand Lucayan Resort . The value to the Grand Bahamian economy of Royal Seas Cruises is projected to reach some $16.5 million in direct spen......

...staurants, spas, luxury boutiques and an alluring nightlife. With more than 300 sunny days each year and an average annual temperature of 75 degrees, nearly every day is perfect for taking advantage of all there is to see and do. Kilkee House is only 30 minutes to Nassau International Airport by boat and car, offering both commercial and private jet service less than an hour to Miami, and just under three hours to New York. Concierge Auctions will......

...hat listed among Sterling Global Financial’s 1,500 clients are Fortune 500 companies, multi-national public companies, high-net-worth individuals, family offices and pension funds across the globe. These clients invest through one or more of the company’s funds including the New Providence Income Fund. Launched in 2011, it reported an overall return of 13.8 per cent in 2015. “High-net-worth individuals or trusted institutional investors are no lon......

..., Bimini continues to grow as a popular Bahamian destination and the newly completed Hilton at Resorts World Bimini is an essential component to shaping the island’s tourism infrastructure.” Hilton at Resorts World Bimini participates in Hilton HHonors®, the award-winning guest-loyalty program for Hilton Worldwide. The program is open to all guests and free to join. Hilton HHonors members who book directly through preferred Hilton channels have ac......

...nd confidence in the country’s economic trajectory to serve as a necessary component. Additionally, now that many issuers who sought to refinance have already completed those steps, future investment by these issuers will in all likelihood be predicated upon expansionary plans, which undoubtedly will be linked to the country’s economic position. Therefore, some of these plans will slow down as the year progresses as entrepreneurs await to hear the......

...the game for workers around the world and The Bahamas is making strides by investing in language training to help its people build the core competencies required to compete in a global workforce.”......