Phone: (305) 373-6295

Trade & Investment

THE BAHAMAS IS OPEN FOR BUSINESS:

The Bahamas has a well thought out infrastructure focused on facilitating international business with 19 international airports, 16 airports for local flights, and marinas throughout most islands to accommodate some of the largest vessels.

WHY DO BUSINESS IN THE BAHAMAS

  • Stable democratic governance
  • Stable economy
  • Modern banking and financial services system
  • Advanced technological infrastructure
  • Developed capital infrastructure
  • Educated & Skilled Workforce
  • Friendly Foreign Direct Investment Climate
  • Close proximity to the United States
  • Encouraging Incentives
    • The Bahamas Economic Policy is structured to support productivity and exports, which includes among others the exemption from payment of customs duties on equipment, machinery and industrial inputs for subsequent transformation. The National Investment Policy is designed to support an investment-friendly climate and facilitates Bahamian and overseas investments.
  • Supportive Exchange Rate Policy
    • The Bahamian Dollar is on par with the US Dollar which increases predictability in overseas transactions, especially with the United States. Traders can also transact in Yuan, a move that brings a wealth of financial resources through trade.

Bahamas-US trade primarily between Nassau and Florida

  • Bahamas close proximity to US provides faster, easier business transactions
  • Numerous access routes between markets (airlines, shipping vessels, etc.)
  • Similar consumption patterns for trade and import linkages
  • Prime locations for tourist offerings during winter months
  • 2016 Florida to Bahamas Imports ~ $1.2 billion USD
  • 2016 Bahamas to Florida Exports ~ $173 million USD

COMMERCIAL ENTERPRISE BILL:

Investment amount of $250,000 USD minimum required

Numerous industries to benefit including:

  • Arbitration
  • Aviation Registration and Operations
  • Biomedical Industries
  • Captive Insurance/Re-Insurance
  • Computer Programming/Software Design/Data Storage
  • Maritime Trade