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Freeport

Freeport Bahamas: The Hong Kong of the Americas Freeport is a 230-square-mile free trade zone on Grand Bahama Island, established in 1955 by the Government of the Bahamas. The city of Freeport emerged from a land grant comprising 50,000 acres of swamp and scrub to...

Time-sharing

Time-sharing in the Bahamas The time-share holidaymakers – who account for a good percentage of repeat visitors to the Bahamas – and the provisions for them are very important to the success of tourism in the Islands.  This is why the government insist on such...

Freedom – Economics

Economic Freedom in the Bahamas The Bahamas is a stable, relatively prosperous nation of some 314,000 people inhabiting an archipelago of approximately 700 islands off the coast of the southeastern United States. An independent, parliamentary democracy and member of...

Foreign Investment

Foreign Investment in the Bahamas The Bahamian government restricts foreign investment in a number of sectors. According to the U.S. Department of Commerce, “Reserved businesses include: wholesale and retail operations; commission agencies engaged in the...

Cars

Car Sales and Automobile Dealerships in the Bahamas Duty Charges on Imported Vehicles: Customs duties on imported vehicles varies how the vehicle is to be used — typically it is 35% or higher. Duty on motor vehicles valued at $10,000 or less is 45%;...