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. Arranging money-market investments and financial services for cap-
tive insurance companies.
. Serving as “emergency trustees” to become vested automatically with
corporate assets should adverse political or economic events occur in
another country.

The Third type of financial activity common in the Bahamas is what
is referred to as private banking. The hallmark of our banks and trust
companies is confidentiality, thus making them attractive to clientele
worldwide. This discretion and utmost concern for the privacy of ac-
count information is strictly imposed by Bahamian law.
Services for individual clients offered by Bahamian banks as part of a
total asset management package can include investment counseling and
financial analysis., stock trading and other brokerage activities, trading
in currencies and precious metals, along with management of mutual,
pension, and trust fund assets.
Because many of the banks and trust company offices here are compara-
tively small, they can provide a high level of personalized service. An
experienced combination of both local and international staff officers
are able to conduct any transaction to suit a client’s needs.
Trusts administered in the Bahamas are not subject to any income, capi-
tal gains, inheritance, or wealth taxes. In some cases, it’s even possible
to legitimately minimize taxation by other countries. If you have hold-
ings in more than one country and are concerned about estate planning,
a Bahamian trust may be the ideal way to avoid probate. Assets placed
in a personal trust here are also protected from sovereign risk.
Bankers in Nassau like to say that they have the advantage of being an
international entity and take a more diversified approach to portfolio
management than their U.S. or European counterparts. With so many
uncertainties around the world, a broad-based approach is very impor-
tant. Numerous products are available through our institutions that can
provide a well-protected investment program. In fact, several individual
international portfolio managers have chosen Nassau as their base op-
erations.
More information on banking activities in the Bahamas is available by
contacting The Central Bank of the Bahamas in Nassau.

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