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739 total votes
I vote No b/c 250k is not enough. It will then put the small man at an already disadvantaged situation, in Business here in the Bahamas!
It could be beneficial but needs more work.
We need more incentive and increased ease of doing business for Bahamians. Fare business license fees and expedited business license application processing for Bahamians. Also would like to see:
Different $$ Threshold for Bahamians vs Foreigners and a higher than 250K minimum for Foreigners.
More details pertaining to these special zones and incentives - will foreigners just get huge amounts of crown land as "incentives"?
Also probably gonna need some sort of totalization agreement for taxes between the US and The Bahamas to attract US business.
To all those saying $250k is not enough...not enough for WHAT? These are not hotels, these are industries where you need a small office and some computers. That is all. Stop thinking tourism and hotels and get with the knowledge economy!
It feels like a dry run for the WTO. Not sure where I stand on this
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