fDi Atlas logo

Direct investment in The Bahamas - flag

The Bahamas

The Bahamas Navigation
Reports
Click here to download a sample proposition report
fdiintelligence.com
Location Map
mini-map

List of incentives available in this location for quick easy reference below.

Incentives

Table key

  • Incentive offered
  • Incentive not offered
  • Did not submit information
Cash grants/incentives
Tax exemptionsMore [+]Less [-]
  • One of the most significant incentives is the country’s tax-free status on income. Capital gains, corporate earnings, personal income, sales, inheritance and dividends are tax exempt. This exemption extends to all resident corporations, partnerships, individuals and trusts.
  • Investment incentives include relief from customs duties on the importation of certain approved raw materials, equipment and building supplies, as well as exemptions from real property taxes for up to 20 years.
Property assistance / other fiscal incentiveMore [+]Less [-]
  • Foreign persons seeking to develop substantial manufacturing, agricultural or tourist development may qualify for the long lease or lease purchase of Crown Land (land owned by the state).
  • Several industrial parks exist in The Bahamas, including the Soldier Road and Airport Industrial Parks, and that of Freeport, Grand Bahama, which is the most developed of industrial parks in The Bahamas.
  • Freeport offers competitive advantages such as: the presence of a Container Port and ease of access.
Training and labor market assistance
Loan guarantees, cheap loans or finance
Exemptions from regulations
Target sectorsMore [+]Less [-]
  1. Hotel and resort development
  2. Manufacturing & Industries
  3. Banking and other Financial Services
Sectors specific incentivesMore [+]Less [-]

Hotel and resort development

  1. Hotels - duty-free importation of building supplies and exemption from real property tax for 10 years and a nominal tax for the ensuing 10 years for hotels and resorts;
  2. Timeshare - duty-free concessions for building supplies for the construction of timeshare facilities.

    3. Manufacturing & Industries

    1. Light Industry - custom duty exemption on specified raw materials, supplies and equipment for agriculture, floriculture, horticulture, fisheries, forestry, cottage and light industries, and commercial printing;
    2. Heavy Industry - customs duty exemption on the importation of machinery, raw materials and building supplies and exemption from the payment of real property tax for a 15-year period.
    3. Manufacture of spirits and beers - the exemption from the payment of customs duties on building materials, equipment and approved raw materials and real property taxes for periods up to 20 years;

Sponsorship

If you are the authorised promotions agency for The Bahamas and would like to have your location highlighted on fDi Atlas, you can contact our sales team on + 44 (0) 207 775 6667 or contact us here.