The Bahamas Investor

...View or download Scorpio Partnerships’ 2011 Futurewealth Report: Essence of Success report.......

...The Central Bank of The Bahamas has announced the release of its Quarterly Economic Review for the First Quarter of 2019 . The review provides an examination of the domestic economic performance, as well as sectoral developments, principally during the period January to March. Read/download the report here: Quarterly Economic Review, Vol. 28, No. 1......

...enerally believing that these major centres continue to work well together for mutual benefit. Confidence amongst financial services professionals, however, has fallen since the previous report, as shown by lower overall ratings–47 centres have lower ratings in GFCI 9, with only 25 centres rated higher (three centres have the same ratings as in GFCI 8). The report also found that Asia continues to exhibit enhanced competitiveness, with eight centr......

...y. Monetary sector developments featured an expansion in bank liquidity, owing mainly to an increase in Central Bank financing to the government, while the seasonal rise in foreign currency demand led to a decline in external reserves. Read/download the full report here: MEFD June 2019 (1MB)......

...An Agenda for a Modern Bahamas – Presented to the Honourable House of Assembly by The Rt. Hon. Perry G. Christie, M.P. Prime Minister and Minister of Finance on Wednesday, 25th May 2016. View or download a PDF of the communication here. Watch a ZNS Network news report on the Mid-year Budget to Parliament here. (Approximate running time: 11 minutes, 30 seconds)......

...ances, and accessories including sunglasses and writing instruments. Known for its complicated timepieces, Swiss brand Chopard’s collection of watches includes the island-inspired Happy Beach collection, the ladies’ Imperial collection and the men’s Mille Miglia collection. Gucci Quality materials, flawless workmanship and avant-garde designs are the keystones behind Gucci’s success. From leather goods, shoes and accessories to timepieces, jewelle......

...sting properties in Grand Bahama, the hotel occupancy tax is being reduced by 50 per cent for five years for all properties filing returns under the newly introduced electronic reporting system. “To assist in ensuring the success of new hotels, the hotel occupancy tax will likewise be reduced by 50 per cent for 10 years after opening.” Prime Minister Christie said to access these concessions, it will be necessary for a hotel to register online wit......

...o be benchmarked against other airports in the world of a similar size and comparable passenger traffic. “We started using the ASQ format in the first quarter of 2011,” says Vernice Walkine, vice president of marketing and commercial development at the airport. “It allows us to measure results against global airports, regional competitors and airports with similar passenger flow.” “Our most recent survey results show that we are holding a strong p......

...hallenge: I know that the Caribbean Nationals sitting here today must be uncomfortable when they have to implement decisions either through rates and tariffs or deployment of infrastructure that marginalized their fellow citizens along lines of telecommunications that is between the “connected elite” and the “have nots.” As Prime Minister, I was once asked to approve a fiber optic submarine cable that did not include some of the islands. I asked B......

...at operate out of The Bahamas. “When you look at Chile, Peru and Colombia, for example, you see fast growing economies that are stable, have tremendous resources in terms of commodities and human capital,” says Beat Paoletto, managing director and chief executive officer at UBS (Bahamas) Ltd. “We believe that the conditions for ongoing rapid development in the region are perfect. You have everything you need for growth.” To seize the opportunity,......

...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.” “Long Island is a beautiful place–it’s a little bit off the beaten track in The Bahamas, so it has preserved its identity. We get quite a few local people who come out when we dive. They come out to spectate and support me, which is great. We hope that in the future, we can give mo......

...nd the most appropriate and efficient governance and management structures for the Community. The recruitment of a Change Facilitation team resulted from discussions among Heads of Government at their Inter-sessional Meeting in Suriname in 2012 after receiving a report on the Review of the Secretariat. The leaders agreed that it was necessary to re-examine the future direction of the Community and the arrangements for carrying this forward which w......

...Former Prime Minister Hubert Ingraham will give a farewell address at the one-day Free National Movement party conference on Saturday. Watch a ZNS news report here.......

...up to scratch before you arrive. Of course, condominium life is also worry-free for those who choose to take up permanent residence in their Bahamian residence. “For those investors who wish to rent out their property, a condominium makes perfect business sense as it is markedly easier to rent it out when compared to a home due to its size and the available amenities,” Hernqvist notes. “Furthermore,” he suggests, “as the Caribbean and Florida lie......

...e other territories such as Bermuda, which makes buying property difficult for foreign buyers) and offer an increasingly high standard of living. They share time zones with New York City and Toronto and both have currencies pegged to the dollar, making them ideal business hubs. You can also fly direct to both locations from London. Even better, their tax regimes are a dream for those used to contributing to the coffers of UK Plc. Neither has incom......