With a long standing history and track record in financial
services, The Bahamas has a first class legislation and judicial
system as it relates to private client wealth planning, was the
first non-civil law jurisdiction to introduce foundations, and its
Trustee Act (1998) has been celebrated as an excellent example of
modern legislation in the fiduciary services industry. The
jurisdiction is also fully on board on CRS and on top ofother
international regulatory developments such as transparency and the
OECD's BEPS initiative.
But foremost, The Bahamas is in the most beautiful location,
with a very vibrant cosmopolitan community in New Providence and an
extraordinary marine and boating environment. With just 184 miles
or a 30 minutes flight from Miami, and in the same time zone as New
York, ready access into Europe as well as Latin America, it's
an efficient jurisdiction where people can set up their family
offices in a relatively shortperiod of time.
