Business in the Bahamas

EENI- School of International Business

Subject: Doing Business in the Bahamas - Nassau. Syllabus:

1. Introduction to the Bahamas (the Caribbean)
2. The Bahamian Economy
3. The Bahamian Foreign Trade
4. The Foreign Direct Investment (FDI) in the Bahamas
5. Business Opportunities in the Bahamas
6. Set-up a business on the Bahamas
7. The Freeport Grand Bahamas
8. Case Study: The 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

Sample of the subject - Doing Business in the Bahamas

Description of the Subject: Foreign Trade and business in the Bahamas.

The Commonwealth of The Bahamas.

1. Capital: City of Nassau (254.132)
2. The official language: English
3. 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)
11. The main religion in the Bahamas: Christianity (35.4% of Baptists)

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

The 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 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, the second homes
8. Low-tax environment
9. Stable currency: Bahamian dollar (BSD)
10. Member of the British Commonwealth
11. The 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. The Association of the Caribbean States (the Bahamas)
2. The CARICOM
3. The Colombia-Bahamas (CARICOM) Agreement (FTA)
4. The CARICOM-Dominican Republic Free Trade Agreement (FTA)
5. The Costa Rica-Caribbean Community (the Bahamas)Agreement
6. The CARIFORUM-European Union (EU) Economic Partnership Agreement
7. The Caribbean Basin Initiative (CBI)
8. The Lome IV Agreement
9. The Caribbean-Canada Trade Agreement (CARIBCAN)

Colombia-the 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 the Caribbean States (CELAC)
4. The European Union-CELAC Summit
5. Inter-American Development Bank (IDB)
6. Latin American and the Caribbean Economic System (SELA)
7. The 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 ❯