|
The Foreign Investment System of Bahamas |
|
|
Investing in the Bahamas will truly prove to be a profitable venture because of the favorable tax laws of the government on the foreign investors, as well as the breadth of industries that one can invest in.
The Bahamian government's primary concern is to attract foreign investors to capitalize in as much as possible every sector of the country like tourist resorts, pharmaceutical industry, eCommerce, light manufacturing, ship registration, etc. foreign investment is the second most important industry in the Bahamas.
Some successful major investments by foreign investors in the country are the Atlantis, hotel, resort, and casino complex, the Container Port, airport and hotel, Superclub Breezes resort, Cable Bahamas, Ltd., Bacardi Company Ltd., Freeport/Lucaya marina village, and Polymers International, Ltd.
The absence of corporate taxes and taxes on estates and inheritance are favorable to investors; foreign investors even have the privilege of experiencing relief from personal income taxes. As a beneficial move for interested investors, the government's legislation has made a variety of specific incentives, while preserving laws to protect Bahamians' interests
Read more ... The Foreign Investment System of Bahamas |