At the recent Bahamas International Investment &
Business Forum (BIIBF)—a conference held February 20-21, 2013 at the Grand
Lucayan Resort, showcasing The Bahamas as a global investment destination of
choice—James Sarles, President of Coldwell Banker James Sarles Realty, presented
to the assembled international investors, business leaders, Bahamas Cabinet, Ministers,
and key government officials, an overview of Ten Great Reasons to Buy Real Estate in The Bahamas.
Well received, the presentation highlighted:
• The Bahamas’ welcoming philosophy and no-red-tape approach toward international investors
• The many tax-free advantages of no income tax,
no personal tax, no sales tax, and in Grand Bahama: no property tax
• Legal residency opportunities associated with
becoming an investor of $500,000 or more in The Bahamas
• The country’s longtime stable democracy
• The wide variety of available and affordable
real estate right now
• Financing opportunities and resources available
in The Bahamas
• The key geographical location and close proximity
to the United States
• The warm, welcoming people of The Bahamas
• Unprecedented opportunities for investing in
single family homes, condominiums, and commercial real estate
• The deep quality of life and natural abundance
that the clear Bahamian waters and commitment to sustaining them holds.
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Left To Right: Frank Comito, Executive VP, Bahamas
Hotel and Tourism Association, Magnus Alnebeck, CEO Pelican Bay, The Hon.
Obediah Wilchcombe, Minister Of Tourism, The Commonwealth of The Bahamas, James
Sarles, Broker Coldwell Banker James Sarles Realty, Stuart Bowe Senior VP, Kerzner
International, at The Bahamas International Investment and Business Forum
February 21, 2013, at the Grand Lucayan Resort, Freeport. Grand Bahama Island.
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Other executives at the conference spoke about the potential
for development of maritime and logistics industries, opportunities in banking
and financial services, tourism, business services, energy, agriculture,
manufacturing, and the knowledge economy.
Business leaders from 27 countries were also reminded of
what a natural and state-of-the-art gateway The Bahamas offers to the Eastern
Seaboard of North, South, and Central America, and to the Caribbean.
