So if I am reading correctly retail operations and or tourist related businesses are restricted to foreign investment. Is this where having a Bahamian partner comes into play. What percentage of an operation must they hold as a partner?
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Bahamian partner needs to own 51%.
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Are you sure about the 51%?I know on our annual declaration the question is asked if 60% is owned bya Bahamian national.A shortcut can be a corporation with a Bahamian as partner where the (his)shares still have to be paid for.
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