Doing Business in the Bahamas

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Syllabus of the Subject: Doing 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 subject “Foreign Trade and Doing Business in the Bahamas” are the following:

  1. To analyse the Bahamian economy and foreign trade
  2. To evaluate the business opportunities in the Bahamas
  3. To explore Bahamas' trade relations with the country of the student
  4. To know Bahamas' Free Trade Agreements
  5. To develop a business plan for the Bahamian Market
The Subject (e-learning) “Doing Business in the Bahamas” is part of the following Higher Education Programs (EENI- School of Business & HA University):
  1. Doctorate in Business in America
  2. Masters (e-learning): International Business, America

Learning materials in Higher Education in English or Tertiary Education in Spanish Bahamas

Master in International Business for the Caribbean students (CARICOM).

Credits of the subject “Foreign Trade and Doing Business in the Bahamas”: 0.5 ECTS Credits

Sample of the subject - Doing Business in the Bahamas
Doing Business in the Bahamas

Description of the Subject (Online Learning): 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
  4. 83% of the 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 (35.4% of 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)

Costa Rica-CARICOM Free Trade Agreement (FTA)

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-the Bahamas (CARICOM) FTA:
CARICOM-Colombia Free Trade Agreement (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

CARIFORUM-European Union Economic Partnership Agreement

Caribbean Basin Initiative (United States)

European Union-CARICOM Free Trade Agreement (FTA)

Caribbean Community (CARICOM)

Association of Caribbean States (ACS)

Caribbean Development Bank



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