New and amended legislation, a well-managed regulatory structure and a cohesive and confident private sector has positioned The Bahamas as an even stronger, more competitive international financial services centre.

Long-established as one of the foremost international financial centres and a key operational base for many of the world’s most recognized and respected banking and financial organizations, The Bahamas has preserved its crucial tax neutrality advantage in the new financial architecture that has emerged in the country. In the process, it has become an even more attractive jurisdiction in which to do business.

The Bahamas has been providing banking and trust services to the international financial community since the 1930s. Today, with more than 4000 professionals covering every aspect of financial services, The Bahamas is one of the most developed financial centres in the world, with products and services covering banking, private banking and trust services, mutual fund administration, capital markets, investment advisory services, accounting and legal services, e-commerce, insurance, and corporate and shipping registry.

According to the Central Bank of The Bahamas more than 350 banks and trust companies are licenced to operate in The Bahamas. The number of subsidiaries of OECD nation institutions total more than 120, with a combined asset base exceeding $200 billion. Thirty-five of the top 100 global banks operate in The Bahamas, originating from 24 countries.

An independent nation since 1973 and one of the oldest, vibrant democracies in the Western Hemisphere, the Commonwealth of The Bahamas is a member of the Commonwealth of Nations, the United Nations and has observer status to the World Trade Organization.