Bahamas

The Bahamas

The islands of the Bahamas, all 700 of them, stretch over more than 600 miles in a southeasterly direction, starting only some 70 miles from the south Florida coast. The Bahamas is a sub-tropical paradise with excellent communication facilities and frequent flights to many American and European cities. The Bahamas has a sophisticated banking, professional and financial infrastructure with over 400 licensed banks and trust companies. The Bahamas is a well regulated financial centre with strictly enforced and defined confidentiality and money-laundering laws. The Bahamas has no taxation. Furthermore, exchange controls do not apply to non-residents.The Bahamas has a history of over 250 years of stable parliamentary democracy, with a government committed to maintaining the status of The Bahamas as a premier international financial centre. The Bahamas has a legal system based on British common law and equity, with extensive modern legislation.

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Government of the Bahamas