KEY COMPLIANCE DEADLINES FOR FINANCIAL INSTITUTIONS JUNE 2026

  The Automatic Exchange of Financial Account Information (Amendment) Act, 2026 (the “Amendment Act”) came into force on 23 March 2026 (the “Effective Date”) and amended the Automatic Exchange of Financial Account Information Act, 2016 (the “Primary Act”).  The...

ADJUDICATION OF LAND ACT 2025 & REGISTERED LAND ACT 2025

Land reform is fast approaching the shores of The Bahamas with Parliament having debated and approved the Land Adjudication Bill 2025 and the Registered Land Bill 2025 which will become law once signed by the Governor General.  When finalized, this legislation will...

Immigration Fee Increases 2023

Brief Summary The Government of The Bahamas has amended the Immigration (Fee) Regulations, effective 01 July 2023. Some noteworthy changes [1] are the addition of a 5% Levy on some work permit fees and the further categorization and increase of fees for Economic...