The Bahamas Investor

...s in the world. This year, WestJet launched its new regional airline, WestJet Encore. Connect with WestJet on Facebook at www.facebook.com/westjet. Follow WestJet on Twitter at www.twitter.com/westjet. Subscribe to WestJet on YouTube at www.youtube.com/westjet. Read the WestJet blog at blog.westjet.com.......

...the Singapore government, The Bahamas government launched a new, improved website (www.bahamas.gov.bs) this month, offering a new user interface with enhanced services for investors and the local community. US airline operator Vision Airlines agreed to run services between several US cities and Grand Bahama. The budget flights started in November. August Following on from S&P’s credit rating earlier in the year, the International Money Fund (IMF)......

...more than holding candles. Luxury lifestyle management Platinum Pineapple, for example, specializes in “luxury lifestyle management” for everyone from newcomers, local residents and corporations to wealthy visitors and boaters. Founding partners Michelle Albury-Spurlock and Sarah Campbell-Munro launched the company in 2006, capitalizing on their experiences working in the hospitality industry and offshore banking. “As business professionals, we ha......

...voting opens at VirtualTourist.com on June 3rd., a leading travel research website and community that is part of TripAdvisor Media Group. The Exuma Cays are well known for our beautiful waters, friendly people, and our many surrounding attractions. Some of the main attractions are the swimming pigs, 007 Thunderball Grotto, petting nurse sharks, Exuma Land and Sea Park, Rachel’s Bubble Bath and the indigenous iguanas. “I have been blessed to live i......

...ge of new features on the website. The News & Press section provided a platform for news updates, profiles, excerpts from interviews and coverage of industry events and conferences. The top stories in January included the release of further details regarding the new US tax compliance regulations contained within The Foreign Account Tax Compliance Act (FATCA) and the opening of The College of The Bahamas’ (COB) new $10-million Northern Bahamas Camp......

...l traveler ratings and reviews are available on RedWeek.com. To learn more about RedWeek.com or timesharing visit http://www.redweek.com.......

...on Twitter, and visiting RoyalCaribbeanInternationalPR.tumblr.com and RoyalCaribbeanPressCenter.com. Travel professionals should go to www.LoyaltoYouAlways.com; call (800) 327-2056; and follow Facebook.com/VickiLovesTravelAgents. For additional information or to make reservations, vacationers should call their travel agent; visit RoyalCaribbean.com; or call (800) ROYAL-CARIBBEAN. Follow us on Facebook at Facebook.com/RoyalCaribbean or on Twitter......

...y far ahead. That doesn’t mean that we are where we need to be,” she says. Comfortable in her role as leader, Butler’s management style continues to evolve. “[While] my leadership style is inclusive, I tend to be assertive and I know sometimes that can appear to be intimidating,” she admits. “What I do expect is that people are able to support what their opinions are. So I encourage people to speak out, but I want them to speak with the ability to......

...sfer those files to customs electronically. The web site helps to create a form for those without an automated system. To date, six shipping companies and two brokers are using the file transfer method. Three companies are utilizing the custom’s web site. Canadian firm, Cardamal Consulting, developed the customized software package for the government department. “Prior to this [the new system] coming on stream, the shipping or airline company woul......

...es, 2012. The main objective of the Rules is to establish increases in the fees payable by persons licenced to conduct various categories of securities business under the Securities Industry Act 2011 (the “Act”) by the repeal and replacement of the First and Second Schedule of the Securities Industry (Fee) Rules 2012. The consultation period commences on Friday 22 September 2017 and ends on Friday 27 October 2017, during which time the Commission......

...ge the ICON’s administrator which must be an institution that is regulated by the Securities Commission of The Bahamas as an investment fund administrator under the Investment Funds Act. The administrator will then prepare a certificate evidencing that the ICON has been established, and which contains the information specified in the schedule attached to the legislation which brought ICON into existence. This certificate subsequently is signed by......

...se Island Best Western Plus Bay View Suites British Colonial Hilton Nassau Comfort Suites Paradise Island The Cove Atlantis Graycliff Hotel Harborside Resort at Atlantis Marley Resort & Spa 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 Sheraton Nassau Beach Resort & Casino Sunrise Beach Club & Villas Wy......

...nd complicated wealth-shifting mechanisms are required. The United States, for example, has extremely sophisticated wealth-shifting requirements and effectively requires a one-to-four or one-to-five death benefit. One thing is clear, however: while they may be subject to further regulation due to their nature, life insurance products will not simply cease to be used because, unlike traditional wealth planning tools, they are more likely to withsta......

...d States that details what, when and how information is to be exchanged. Before entering the IGA, The Government of The Bahamas sought private sector input in the form of a FATCA working group that comprised a broad cross section of industry representatives. This was done to ensure the creation of policy that supports the growth, strength and sustainability of the financial sector. The Group was expanded to include regulators and its work was exte......

...in the Bahamas as an attractive and secure place for investment, not only by foreigners but by Bahamian entrepreneurs as well. If confidence is eroded by lax fiscal policies, we all bear the consequences: credit downgrades and higher interest rates for the Government and Bahamian businesses and citizens, as well as the potential for further downgrades and higher rates if we fail to act decisively and stop mortgaging the future to support today’s......