Investing in The Bahamas
Premier Funds Services is not only one of the leading funds services providers available, but it is also located in one of world’s most exciting offshore jurisdictions.
The Bahamas is considered a first class location for fund investments because of its competent fund administrators, niche market players and responsiveness to the requirements of the global marketplace.
The Bahamas’ model for licensing is due to the membership by the Securities Commission of The Bahamas (SCB) in the International Organization of Securities Commissions (IOSCO).
The Investment Funds Act of 2003, positions The Bahamas at the cutting edge of modern investment fund administration. Accredited and authorized administrators can launch new funds after due diligence is carried out. Moreover, the FastTrack process provides for the approval of Professional Funds within 72 hours of receipt of a complete application.
A leading player financial services arena, The Bahamas has a wealth of experienced professionals from whom to choose.
Moreover, The Bahamas is an independent nation with a robust democracy and benefits from a stable political system. Successive governments have demonstrated their commitment to continually enhancing the financial services sector.
The three branches of government – the administration, the legislature and the judiciary are respected worldwide.
The legislative branch of government is bicameral and is comprised of the senate and the house of assembly.
Our stout financial services legislation positions us at the forefront of the industry. In addition, The Bahamas has in place a compendium of anti-money laundering and countering of terrorism legislation, demonstrating its commitment to integrity and legitimacy. Additionally the sector is regulated and monitored to ensure the prevention and detection of money laundering and terrorist financing.
The Bahamas enjoys a time honoured judicial system. It is a common law jurisdiction with British common law as its foundation. Independence of the judiciary is maintained and respected.
There are currently no income, capital gains, corporate earnings, inheritance, sales, VAT or payroll taxes.
This country is an archipelago of 700 islands and cays, not all of which are inhabited. Each island paradise is uniquely idyllic. Tropical climes, powder-soft sand, crystal clear waters of a kaleidoscope of blues and greens, a relaxed way of life and warm friendly people make this country a gem!
Premier‘s office is located in Freeport, which is also known as the nation's second city. Freeport is organised and clean and has state of the art infrastructure and telecommunications. This city, with its wealth of canal-front properties is ideal for second homes. It is a 35-minute flight away from Florida, U.S.A. and 40-minute flight away from Nassau from which one can fly to any of the major Bahama islands.
For more information on investing in The Bahamas, visit:
Bahamas Financial Services Board