The Bahamas Investor

...The Central Bank of The Bahamas Governor John Rolle gave welcome remarks and a presentation at a seminar held in Nassau earlier this week on the Relaxation of Exchange Controls in The Bahamas and Future Developments. Read/Download:  Seminar on Exchange Control Liberalisation and Future Developments – welcome remarks  Relaxation of Exchange Controls in The Bahamas and Future Developments......

...View or download a PDF of the complete report here here.......

...Read all about investing in The Bahamas in our Island Living section in the July 2015 issue of The Bahamas Investor. This special supplement to The Bahamas Investor offers an essential overview for buying real estate in The Bahamas. The Island Living supplement is published in collaboration with Welcome Bahamas, The Bahamas Investor and the Bahamas Handbook. > download 2015 Island Living Supplement......

...wnload the text (PDF) English French Source: OECD.......

...Following are the frequently asked questions on The Bahamas’ approach to the implementation of the Common Reporting Standard & related matters: View or download the document from the Bahamas Financial Services Board here.......

...everal cottages. Under the second phase, nine cottages are scheduled to be completed by the end of the year. The third and final phase will begin in January 2017 and see the remainder of the cottages completed. By the time the upgrades are finished in late 2017, the resort will be able to offer buyers their choice of 25 British colonial style villas ranging in price from $1.5 million to $4.8 million. Pink Sands general manager Thomas Parke said in......

...must be resubmitted. Each time a file is uploaded and processed in the portal, all prior loaded data will be deleted from the system and replaced by the data in the new file. Accuracy of the data is the responsibility of the financial institution. The system only checks for format and required fields per listed validations. For financial institutions with no reportable accounts, a “Nil reporting” must be performed through the electronic attestatio......

...solutions of the House of Assembly, 22nd June, 2016, the Government of The Commonwealth of The Bahamas invites applications for Bahamas Government Registered Stock totaling B$30,000,000.00. The Stock will be issued with a twenty year maturity (2036). Applications will be received by the Banking Department beginning at 9:30 a.m. on 19th August, 2016 and will close at 3:00 p.m. on [Thursday] 25th August, 2016. Allocations will commence at 9:30 a.m.......

...Preliminary indicators suggest that domestic economic activity continued to improve gradually during December 2017, according to the Monthly Economic and Financial Developments released by the Central Bank of The Bahamas . View the full report here. Downloads  Download MEFD October 2017......

...pegged in this fashion remains aligned with having the majority of our tourists (over 80 per cent) originate from the United States, as well as this being the principal trading partner for imports.” Read/download his full remarks here.  Bahamas Chamber of Commerce and Employers’ Confederation – State of The Economy Report 2018......

...6, as spending growth exceeded the value added tax (VAT)-led revenue improvement. On the monetary front, both bank liquidity and external reserves expanded during June, buoyed by net foreign currency inflows from real [estate] sector activities. View or download a PDF of the complete report here here.......

...Prime Minister Dr Hubert Minnis has announced the closing of schools and travel restrictions following the first confirmed case of coronavirus on the island of New Providence. Read/download his full national address here: Prime Minister Minnis Special Address – COVID-19......

...ted on the Central Abaco Primary School. It is anticipated that it will be completed by the end of April. In Grand Bahama, the plan is to construct one school campus to serve East Grand Bahama. All other public schools on Grand Bahama are expected to have upgrades during the summer. As a part of recovery efforts, as of 5 February, the Small Business Development Centre, has approved a total of 74 applications for funding: 31in Abaco and 43 in Grand......

...Deputy Prime Minister and Minister of Finance Peter Turnquest brought remarks at the start of the budget debate on the Supplementary “Hurricane Dorian” Budget in the House of Assembly yesterday. Read/download his full remarks here: CONTRIBUTION TO THE 2019/20 SUPPLEMENTARY BUDGET DEBATE (292kB)......

...ough better and fairer access to credit information,” according to The Central Bank which will collaborate with CRIF on financial literacy initiatives to raise public awareness. The Bank is also moving forward in its anti-money laundering and compliance efforts, hosting its annual AML/CFT conference in June and working to meet the Basel II & III implementation deadline of January 2021. Read/download the full regulatory update here: QUARTERLY LETTE......