The Bahamas Investor

...ts to luxury retreats, these island visitors expect to become castaways in comfort—heading off into the tropical sunset, champagne in hand and every whim indulged. Hiring a luxury yacht means purchasing your own personalized service ready to navigate the pristine waters on your behalf and, with prices ranging from $30,000 to over $300,000 a week, no expense is spared by the service provider in making sure their hedonistic guests are fully satisfie......

...al. After all, owners and superyacht guests are used to a certain level of comfort and convenience. So it is par for the course that their luxury craft feature amenities that suit their privileged lifestyles: fine wine cellars, hot tubs, gyms, aromatherapy steam rooms, cinemas and a whole array of leisure accessories for the keen water sportsman, such as wave runners, seabobs and jet skis. Market evolution Moonraker is the latest addition to onlin......

...nt tax breaks in The Bahamas geared towards eco-friendly build outs, local companies are taking advantage of duty-free items or reduced import taxes on LED lighting, solar paneling, solar lighting, hybrid vehicles and electric cars to further their green credentials. Going paperless Beyond the building and construction sector, firms offering financial services, insurance and medical services are incorporating green technology such as data imaging......

...sm industry, has been using COB to improve the quality of its existing workforce for more than a decade. Jackson Weech, general manager of SuperClubs Breezes on Cable Beach, graduated from the Bahamas Hotel Training College in the mid-80s, before it was absorbed into COB to become what is now the Culinary and Hospitality Management Institute. He currently has three of his own employees doing part-time courses towards accreditation at the Institute......

...e organization and maintained an active representation in all of the IMO’s committees and sub-committees. In 1995, the Maritime Authority was established with its chief objective being to attract high- quality tonnage, while concurrently maintaining the highest international standards of safety and operation. In order for the country to do this, it must keep abreast of this ever- changing industry. One of the most essential requirements for operat......

...and 20 acres of exquisitely landscaped beach and pool experiences, including a beachfront sanctuary with native Bahamian flora and fauna. For more information please visit www.bahamar.com.......

...or understand the purpose of having a consulate office. Many assume it is simply for passports or for students and it is much more than that. We’ve already begun implementing ways to connect the diaspora to our office so that we can mutually be abreast of what is going on at home and abroad as it pertains to our citizens.” Prior to this post, Rolle, received his professional education from Bethune Cookman College and Johnson & Whales University,......

...e the consolidation.” Audio content loading … please standby [audio:http://www.dupuch.com/tbi-media/NassauConf-Look_ahead-Brian_Moree-june_15_2011.mp3] The leading legal practitioner made the remarks in an address to delegates attending the Nassau Conference last week held at the Colonial Hilton Hotel. “In my view, regulation of The Bahamas now is a disincentive and it needs to be reformed and become much more streamlined without compromising effi......

...ent to superior service. He provides local delivery, shipping to the Family Islands, professional installation, friendly service, and simply sound, industry advice. For more information about William and Global Tile Imports Ltd. please visit www.globaltilebahamas.com.......

...d anti-ageing centre and wellness centre, so that world class athletes can come here and continue to fine tune their performance in their off-season and during the season. Meanwhile those of us who are not professional athletes but would love to stay healthy can live here and live longer, so these are all part of the initiatives. “One our shareholders, Ernie Els, designed the golf course. It is a desert links course. It’s pretty unique and challen......

...ing international tax enforcement developments in the US and the Caribbean for foreign government and corporate clients. He spoke Saturday at the ninth annual International Business and Finance Summit hosted by the Bahamas Financial Services Board (BFSB) . Zagaris told financial services professionals and regulators that this jurisdiction must seek to maintain a level playing field, so as not to be “unfairly penalized” when evaluators perceive tha......

...working along with Bahamian professionals, such as BICA members in two areas: the issuance of electronic receipts and the creation of a proper comprehensive register of assets and liabilities. “Accountants take these activities as fundamental to sound business practice,” he said. “Unfortunately, these are areas which the public service, despite our best efforts, struggles. Success in these areas may not be as glamorous as introducing a new tax or......

...querade under such names as airport improvement taxes, tourism enhancement fees, and by far the worst of all, the UK’s Airline Passenger Duty (APD).” According to Forstmayr, increased taxation is regressive, resulting in less revenue for the hotel and attraction sector. The CHTA president urged governments to make a “serious effort” to review their taxation policies on the tourism industry. “It is now time to remove or reduce all excessive consump......

...report client information on “substantial” US persons under this law. Non-compliance by financial entities can result in a 30 per cent withholding tax on all US source income. “FATCA is not going away,” cautioned Lawrence Lewis, Deloitte ’s lead partner for the FATCA initiative for The Bahamas, and one of the seminar’s speakers. “Most institutions will need to comply because they have some exposure, however minor. It’s simply too risky not to.” F......

...o become lawyers did not make us liars, but on the contrary it made us leaders; to be an example of the right thing to do and the right way to go,” said new attorney Lanisha Tamar Rolle, speaking on behalf of the group. This latest batch of lawyers were presented before the Supreme Court in three ceremonies–held towards the end of last week. (L-R) Tonique Lewis, Shivron Gray, Nathan Schreiner Smith and Lisalette Gibson take the oath. tblair@dupuch......