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Bahamas Expat Forum

Restricted businesses

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7/4/2017 21:32 EST

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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7/5/2017 11:09 EST

Bahamian partner needs to own 51%.

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11/17/2017 00:51 EST

Are you sure about the 51%?
I know on our annual declaration the question is asked if 60% is owned by
a 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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