Exporting to The Bahamas
President Obama announced the National Export Initiative (NEI) http://www.export.gov two years ago, with the goal of doubling exports. U.S. embassies are committed to supporting U.S. companies to start exporting or grow their exports to The Bahamas. In this section, you’ll find an quick description of The Bahamas as an export market and some suggestions for getting started.
Register your company with Export.gov then identify your nearest US Export Assistance Center. This process will help you to evaluate your export readiness, locate training programs and access overseas market research. If you are new to export the following information will be useful to take advantage of the services we offer to assist you.
Visit the export.gov page on The Bahamas to get an overview of economic conditions and opportunities. Access the U.S. Commercial Service Market Research Library containing more than 100,000 industry and country-specific market reports, authored by our specialists working in overseas posts. Visit the export.gov page on The Bahamas to get an overview of economic conditions and opportunities.
The Library Includes:
- Country Commercial Guides (read latest “Doing Business In” guides)
- Industry Overviews*
- Market Updates*
- Multilateral Development Bank Reports*
- Best Markets*
- Industry/Regional Reports*
Contact your local U.S. Export Assistance Center for advice and support on exporting to The Bahamas . Contact a Trade Specialist Near You.
Contact your local Small Business Development Center (SBDCs). Starting a business can be a challenge, but there is help for you in your area. Small Business Development Centers (SBDCs) are partnerships primarily between the government and colleges/universities administered by the Small Business Administration and aims at giving educational services for small business owners and aspiring entrepreneurs.
Investing in The Bahamas
This section provides information for current and potential investors in The Bahamas.
Potential investors: Getting Started.
If you are considering investment in The Bahamas, here are some steps you may wish to consider as you get started:
Register with the U.S. Embassy – If you are planning a visit to consider investment, let us know by sending an email to the contact addresses on this page.
Visit the Bahamas Investment Authority to get regulatory information and requirements for Foreign Investment in The Bahamas.
Subscribe to our Facebook page.
Current investors: Staying Connected.
If you are a current U.S. investor in The Bahamas, the U.S Embassy wants to stay in touch. Here are a few steps you can take to keep the channels of communication open:
Register with the U.S. Embassy – If you are active in The Bahamas, let us know by sending an email to the contact addresses on this page.
Add us to your mailing lists – we are always happy to stay informed
Subscribe to our embassy Facebook page.
Set up a meeting with our economic or commercial team to discuss any issues that arise.
Working in The Bahamas
In this section you will find information on business visas, travel advisories, and anti-corruption tools.”
For information on obtaining a visa to visit The Bahamas, visit the Ministry of Foreign Affairs.
Make sure to check the current State Department travel advisory for The Bahamas.
The Foreign Corrupt Practices Act (FCPA) is an important anti-corruption tool designed to discourage corrupt business practices in favor of free and fair markets. The FCPA prohibits promising, offering, giving or authorizing giving anything of value to a foreign government official where the purpose is to obtain or retain business. These prohibitions apply to U.S. persons, both individuals and companies, and companies that are listed on U.S. exchanges. The statute also requires companies publicly traded in the U.S. to keep accurate books and records and implement appropriate internal controls.
A party to a transaction seeking to know whether a proposed course of conduct would violate the FCPA can take advantage of the opinion procedure established by the statue. Within 30 days of receiving a description of a proposed course of conduct in writing, the Attorney General will provide the party with a written opinion on whether the proposed conduct would violate the FCPA. Not only do opinions provide the requesting party with a rebuttable presumption that the conduct does not violate the FCPA, but DOJ publishes past opinions which can provide guidance for other companies facing similar situations.