Bahamas Prime Minister Philip Davis has made a strong pitch to international investors, highlighting his country’s strategic advantages during remarks at the Bahamas Business and Investment Forum, held in New York under the theme “Embracing Opportunities in Paradise.”
Addressing a room of global business leaders, Davis emphasized that The Bahamas offers a unique value proposition rooted in fiscal discipline, legal transparency, and long-term economic stability.
“The Bahamas offers Certainty, Certainty in our governance. Certainty in our legal framework. Certainty in our business environment. And Certainty in our direction as a nation committed to stability, integrity, and sustainable growth,” he told the audience.
The Prime Minister noted that The Bahamas has attracted more than US$10 billion in foreign direct investment (FDI), establishing a robust base of economic confidence and positioning the country as a “beacon of stability” in the face of global uncertainty.
He pointed to the nation’s strong democratic institutions, English common law-based legal system, trusted financial services industry, and tax-neutral investment climate as major draws for international stakeholders.
“Our government has deliberately focused on modernizing infrastructure, digitizing public services, and removing bureaucratic red tape to enhance the ease of doing business,” Davis said. “We don’t ask investors to figure it out alone; we work with you, from inquiry to implementation.”
To streamline investment processes, the government has launched a new Investment Promotion and Facilitation Unit housed in the Office of the Prime Minister, serving as a single coordination point to accelerate project approvals and execution.
Davis also addressed concerns about regulatory predictability by referencing the country’s handling of the FTX digital asset collapse, a crisis that tested the strength of The Bahamas’ institutional and legal frameworks.
“Our institutions held. Our regulators acted swiftly. Our courts operated transparently. That moment became a global proof point, not of failure. Still, of resilience,” he said.
He pointed to the Digital Assets and Registered Exchanges (DARE) Act, passed in 2020, as the world’s first comprehensive regulatory framework for digital assets, noting that it has since been enhanced to further strengthen investor protections and institutional oversight.
Looking beyond traditional pillars like tourism and financial services, Davis said The Bahamas is actively courting investment in renewable energy, blue economy ventures, digital innovation, logistics, and climate-resilient infrastructure.
“We want to be the place where you pilot new models, scale successful ventures, and anchor your Caribbean operations. Our job is to help unlock your investment’s potential, not hinder it,” he told the forum.
He closed his address with a call for genuine collaboration, encouraging investors to view The Bahamas as more than just a destination but as a partner in sustainable, long-term growth.
“In today’s climate of uncertainty, The Bahamas offers more than a pitch. We offer a partnership. Built on mutual respect, aligned interests, and a shared commitment to success,” Davis said.
“We are a small country, but we refuse to let that define our ambition. The Bahamas is open for business, and we invite the world to grow with us.”
