A Power of Attorney is a legal instrument that is created for the purpose of conferring authority on an agent to perform certain acts or functions on behalf of a person or legal entity. In this presentation, we discuss the types of Powers of Attorney recognized under the jurisdiction of the Commonwealth of The Bahamas […]Continue reading
No matter how simple it sounds, Service of Process in The Bahamas may be a problem if not done in accordance with the law. Mario L. McCartney summarizes the procedures here in The Bahamas.
For decades, International Business Companies (IBCs) has been one of the most popular financial service products offered by The Bahamas’ second largest industry. However with the recent implementation of new financial service laws, the regulatory landscape governing IBCs has changed tremendously, leaving many to wonder about its future. In this presentation Mario L. McCartney discusses […]Continue reading
Long Term Work Permits are perhaps the most sought after licenses that allow nonresidents to live and work in the Bahamas, yet the overall process is greatly misunderstood by both local employers and non residents alike. In this presentation, Mario L. McCartney briefly discusses the application process for Long Term Work Permits in The Bahamas […]Continue reading
No one will ever forget this 2019 National Heroes Day, being celebrated weeks after Hurricane Dorian wreaked havoc over two of the major islands in The Bahamas. This year we would make a point to recognize and pay tribute to those individuals who risked their lives to save the inhabitants and to the volunteers whose […]Continue reading
Purchasing a vacation home in The Bahamas should be on everyone’s bucket list. After all the islands are just a short flight to North America, filled with numerous islands and cays that offer the perfect holiday. The country is known for its prime real estate with state of the art infrastructure, a stable tourist based […]Continue reading
Nonresidents wishing to live in The Bahamas on an annual basis may be eligible to apply for a ‘Permit to Reside’ in The Bahamas. Available to spouses of Bahamian citizens, vacation home owners, independent economic residents, students, and dependents of valid permit holders.
The Bahamas International Business Company (IBC) is a popular corporate vehicle used by nonresidents of the Bahamas to conduct business worldwide while benefiting from the legal advantages offered by island state.