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reachOffshore

Offshore Financial Centres (OFCs), as low-tax, lightly regulated jurisdictions, specialise in providing the corporate and commercial infrastructure for the formation of offshore companies and for the investment of offshore funds.

Bahamas The Facts

  • Full name: Commonwealth of the Bahamas 
  • Population: 331,000 (UN, 2007) 
  • Capital and largest city: Nassau 
  • Area: 13,939 sq km (5,382 sq miles) 
  • Major language: English 
  • Major religion: Christianity 
  • Life expectancy: 71 years (men), 76 years (women) (UN) 
  • Monetary unit: 1 Bahamian dollar = 100 cents 
  • Main exports: Pharmaceuticals, cement, rum, crawfish, refined petroleum products 
  • GNI per capita: US$14,920 (World Bank, 2005) 
  • Internet domain: .bs 
  • International dialling code: +1242
  • Head of state: Queen Elizabeth II, represented by Governor-General Arthur D Hanna 
  • Prime minister: Hubert Ingraham 
  • The press
    • The Nassau Guardian-daily
    • The Bahama Journal-daily
    • The Tribune-daily
    • Freeport News-daily
    • The Punch-twice weekly
  • Television
    • ZNS Bahamas-operated by government-owned, commercially-run Broadcasting  Corporation of the Bahamas (BCB) 
  • Radio
    • ZNS Bahamas-run by BCB, operates Radio Bahamas (ZNS1),
    • Inspiration 1240 (ZNS2)
    • Northern Service (ZNS3)
    • Power 104.5 Love 97 FM - private, commercial,
    • 100 Jamz - private, commercial

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