Published: Date: Updated: |
Investor Resources January 16, 2013 January 16, 2013 |
Freeport is an international port and industrial centre operated by the Grand Bahama Port Authority (GBPA) under the terms of the Hawksbill Creek Agreement. The agreement was first signed in 1955 between the Bahamian government and the GBPA to develop Crown land as a free-trade zone. This land now totals 149,000 acres (233 square miles).
The benefits of operating in Grand Bahama include proximity to the vibrant US market (Freeport is a short flight from Florida’s east coast), a deep-water harbour capable of handling the world’s largest ocean-going vessels, a busy container port with the most up-to-date equipment and an international airport. Grand Bahama also boasts many fine large and small hotels, including the Grand Lucayan and the Viva Wyndham Fortuna Beach hotels, both on beautiful beaches, as well as numerous timeshare properties.
Freeport offers many of the same benefits that are available in any first-world city including: state-of-the-art communications, access to broadband Internet and miles of well-maintained highways and roads. But there’s much more. Separate residential communities include gracious homes, condos and rental properties. Among the amenities are bicycle and walking paths, golf courses, schools and medical facilities, easy boating access by canals to the island’s famous clear ocean waters where the fishing is great and, arguably, some of the most beautiful beaches in the world.
Why INVEST IN Grand Bahama?
- Proximity to the US
- No income, corporate, capital gains or inheritance taxes
- Stable and democratic government
- Economic stability
- Proactive investment incentives
- Skilled English speaking labour force
- Essential services with modern infrastructure
- Same time zone as New York and Toronto
- Independent nation with compliant legislation
- Essential services with modern infrastructure
Join these respected companies who have chosen Grand Bahama
Tel: 242-350-2100
Fax: 242-352-4029
Web: www.borcoltd.com
Tel: 242-373-2673
Fax: 242-373-3802
Web: www.bellchannelclub.com
Tel: 242-350-9000
Web: www.gbpa.com
(Grand Bahama) Limited:
Tel: 242-352-8171/2
Fax: 242-351-7078
Web: www.pharmachemtech.com
Tel: 242-352-3506
Fax: 242-352-2779
Noteworthy numbers:
Government Complex, The Mall Dr
Tel: 242-352-8525
Fax: 242-352-8520
Web: www.bahamas.gov.bs
Chamber of Commerce:
The Mall Dr
Tel: 242-352 8329
Fax: 242-352-3280
Government Complex, The Mall Dr
Tel: 242-352-8525
Fax: 242-352-8520
Web: www.bahamas.gov.bs