e-Course: Doing Business in the Bahamas

Syllabus of the Online Course (Subject): Foreign Trade and Business in the Bahamas - Nassau.

1. Introduction to the Bahamas (the Caribbean)
2. Bahamian Economy
3. Bahamian Foreign Trade
4. Foreign Direct Investment (FDI) in the Bahamas
5. Business Opportunities in the Bahamas
6. Set-up a business in the Bahamas
7. Freeport Grand Bahamas
8. Case Study: Financial services in the Bahamas
9. Access to the Bahamian Market
10. Business Plan for the Bahamas

The purposes of the Online Course / Subject “Foreign Trade and Business in the Bahamas” are the following:

1. To analyse Bahamian economy and foreign trade
2. To evaluate business opportunities in the Bahamas
3. To explore Bahamian trade relations with the student's country
4. To know Bahamian Free Trade Agreements
5. To develop a business plan for the Bahamian Market

Example of the Online Course - Doing Business in the Bahamas

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Description of the Online Course: Foreign Trade and Business in the Bahamas.

The Commonwealth of The Bahamas.

1. Capital: City of Nassau (254,132)
2. Official language: English
3. Bahamian Population: 306,000 inhabitants
4. 83% of Bahamian population are Afro-Bahamian
5. Area: 13,878 square kilometres
6. Parliamentary democracy
7. Literacy rate: 95%
8. Near countries: US (Florida), Haiti
9. More than 700 Islands
10. Independence: 1973 (United Kingdom)

Main religion in the Bahamas: Christianity (35% are Baptists)

The Bahamas belongs to the Caribbean Economic Area of the Christian Civilisation.

Bahamian Economy.

1. Open economy
2. The Bahamas is a developing country
3. Top economic sectors: financial services and tourism
4. Financial services: 15 percent of the Bahamian GDP
5. Stable investment climate
6. Nassau Harbour: allow world's largest passenger vessels
7. Business Opportunities in agricultural and marine resources sectors, offshore medical centres, and second homes
8. Low-tax environment
9. Stable currency: Bahamian dollar (BSD)
10. Member of the British Commonwealth
11. Freeport Grand Bahamas (Free Trade Zone)
12. Growing of ship registries (1,500 vessels)

The Bahamas has Preferential Access and Free Trade Agreements (FTA) with:

1. Association of Caribbean States (the Bahamas)
2. CARICOM
3. Colombia-Bahamas (CARICOM) Agreement (FTA)
4. CARICOM-Dominican Republic Free Trade Agreement (FTA)
5. Costa Rica-Caribbean Community (the Bahamas)Agreement
6. CARIFORUM-European Union (EU) Economic Partnership Agreement
7. Caribbean Basin Initiative (CBI)
8. Caribbean-Canada Trade Agreement (CARIBCAN)

Colombia-Bahamas (CARICOM) FTA:

The Bahamas is a member of:

1. Organisation of American States (OAS)
2. Economic Commission for Latin America (ECLAC)
3. Community of Latin American and Caribbean States (CELAC)
4. European Union-CELAC Summit
5. Inter-American Development Bank (IDB)
6. Latin American and Caribbean Economic System (SELA)
7. Caribbean Development Bank
8. World Customs Organisation
9. World Bank (WB)
10. International Monetary Fund (IMF)
11. World Trade Organisation (WTO)
12. Commonwealth
13. United Nations

❮ Samples - Business in the Bahamas ❯

(c) EENI Business School & HA University