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Stephane St-Onge, Chief Compliance Officer at Westend Nassau, spoke about the advantages and ways of obtaining permanent residence in the Bahamas.
According to Stefan, there are many benefits of investing in the Bahamas:
– Proximity to Miami (25 minutes flight);
– The local currency is pegged to the dollar;
– Direct flights from major cities in the USA and Canada;
– Peaceful and stable political situation since 1729;
– No local taxes on capital gains, inheritance, wealth, corporate and personal income and dividends. Goods and services are subject to 12% VAT;
– English is a popular language in the Bahamas;
– An ideal climate and lifestyle with tons of islands and reefs to explore.
Also, the speaker spoke about the ways of obtaining permanent residence in the Bahamas: an investment in real estate in the amount of at least $750,000.00 will provide a legal opportunity to achieve this goal.
Timecode:
00:00 About the Bahamas
02:40 Reasons to Invest in the Bahamas
13:09 Options for obtaining permanent residence
15:05 Tax free jurisdiction in the Bahamas
16:50 The Bahamas as an International Financial Center
18:17 Methods for applying for permanent residence in the Bahamas
20:20 List of required documents
24:00 Additional information
28:38 Other Features
31:12 Questions from viewers
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Bosco Conference is well known for annual international VIP-class conferences InvestPro and WealthPro, which the company holds in the countries of the European Union, the Middle East, the Baltic States and Eastern Europe. The company’s Speakers and Partners are the world’s leading experts in providing corporate and banking services, asset protection and confidentiality, private capital management, international legal structures, business immigration and citizenship. Our participants and partners highly appreciate the traditional premium level of the events, their relevance, the possibility of business networking with potential customers and partners, the generation of new ideas for business expansion.
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