| Investment Guidelines - Bahamas Business Guide |
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Since the Bahamas is a small multi-island nation, the government recognizes the dual need for foreign capital investment and the development of its own people; therefore, the following sectors of the economy have been promoted for foreign investors and reserved for Bahamians: Areas targeted for overseas investors Tourist resorts Upscale condominium, timeshare and second-home development International business centers Marinas Information/data processing Assembly industries Hi-tech services Ship registration, repair and other ship services Light manufacturing for export Agro-industries Food processing Mariculture Banking and other financial services Captive insurance Aircraft services Pharmaceutical manufacture Offshore medical centers Areas reserved for Bahamians Wholesale and retail operations (international investors may engage in the wholesale distribution of any product they produce locally) Commission agencies engaged in the import/export trade Real estate and domestic property management agencies Domestic newspaper and magazine publications Domestic advertising and public relations firms Nightclubs and restaurants, except specialty, gourmet and ethnic restaurants, and restaurants operating in a hotel, resort complex or tourist attraction Security services Domestic distribution of building supplies Construction companies, except for special structures for which international expertise is required Personal cosmetic/beauty establishment Shallow water scale fish, crustacea, mollusks and sponge-fishing operations Auto and appliance service operations Public transportation While these lists outline areas for international investors, they are not comprehensive. Investors interested in areas that are unlisted should consult with the Bahamas Investment Authority for more information. The government encourages joint ventures with Bahamian partners.
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