Bahamas investment properties could be anywhere, from Cat Island to George Town
Bahamas Investment Properties can be anywhere in the Bahamas, from Cat Island, Eleuthera and George Town to Long Island and Nassau. You should also consider Bulgaria Property Investment, or Investment Property Bulgaria.
Originally the home of the Lucayan’s, a Taino Arawak-speaking people, the Bahamas were the first location of Columbus’ landfall in the New World in 1492. Islands were mostly deserted from 1513-1648, when the English colonists settled on the island of Eleuthera in Bermuda.
The Bahamas became a crown colony in 1718 when the British ended piracy. After the American Revolution, thousands of pro-British Loyalists and enslaved Africans in the Bahamas and moved to establish a plantation economy. The slave trade was abolished in the British Empire in 1807 and many Africans liberated from slave ships by the Royal Navy have been installed in the Bahamas during the 19th century. Slavery itself was abolished in 1834 and the descendants of African slaves form most of the population of the Bahamas today.
The government has adopted incentives for foreign financial institutions, encouraging Long Island investment properties, and further reform of the banking and financial sector are ongoing. The government plans to merge the regulatory functions of key financial institutions, including the Central Bank of the Bahamas (CBB) and the Securities and Exchange Commission.
The central bank manages the restrictions and controls on capital and money market instruments. Bahamas International Securities Exchange is currently composed of 19 listed companies, ranging from Long Island to George Town. This reflects the relative strength of the banking system (mainly populated by domestic banks), the impact of the global financial crisis on the financial sector, including property in Nassau, has been limited.