NEW YORK, New York – Bahamas Prime Minister Philip Davis has told a business and investment forum in New York City that his country has distinctive value proposition as a jurisdiction combining fiscal discipline, transparency, and strategic opportunity for international investors.
Prime Minister Phillip Davis addressing investment forum in New York“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,” Davis told the Bahamas Business and Investment Forum held under the theme “Embracing Opportunities in Paradise”.
He told the audience that The Bahamas has attracted more than US$10 billion in foreign direct investment, creating a foundation of economic confidence that now positions the nation as a beacon of stability in times of growing global volatility.
He said the Caribbean Community (CARICOM) country as having a long-standing reputation as a stable democracy, with an English common law-based legal system, a trusted financial services industry, and a competitive, tax-neutral environment.
“Our government has deliberately focused on modernizing infrastructure, digitizing public services, and removing bureaucratic red tape to enhance the ease of doing business,” he said, adding “we don’t ask investors to figure it out alone, we work with you, from inquiry to implementation.”
The Bahamas’ new Investment Promotion and Facilitation Unit at the Office of the Prime Minister is serving as a “single window” for coordinating across ministries and accelerating project timelines and Prime Minister Davis said that the aim is to ensure that investor capital is not only secure but positioned for long-term growth.
Addressing concerns around regulatory predictability, the prime minister made reference to pointed to the country’s globally recognized management of complex financial situations, including of the FTX digital asset collapse.
“Our institutions held. Our regulators acted swiftly. Our courts operated transparently. That moment became a global proof point, not of failure, but of resilience,” he said highlighting the 2020 passage of the Digital Assets and Registered Exchanges (DARE) Act, which he described as the world’s first comprehensive regulatory framework for digital assets, as a model for The Bahamas’ proactive approach to governance in emerging industries.
Since the FTX fallout, the DARE Act has been further strengthened to reinforce investor protections and institutional oversight.
The government said beyond tourism and financial services, The Bahamas is actively promoting investment in renewable energy, blue economy industries, 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.”
Prime Minister Davis invited the international business community to engage with the country as a collaborative partner in long-term prosperity.
“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,” he said, noting that as the global economy continues to search for steady ground, The Bahamas is presenting itself as an agile, investor-ready jurisdiction with a clear roadmap and a government that’s ready to engage.
“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,” he added.
