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Thread: Internet Access in the bahamas

  1. #1
    Scott N Guest

    Default Internet Access in the bahamas

    I am very curious about starting an internet service bussiness in the bahamas. Im curious if anyone has any info pertaining to this. As far as if there are internet service places and how to buy store locations. I can be reached through email at Norwood90@aol.com.
    I look foward to hearing from you

  2. #2
    don Guest

    Default

    Internet access is controlled by the government owned BATELCO. (Cable Bahamas) It's unlikely you can just start your own business without a bahamian partner. I believe any foreign owned investment must be 51 percent owned by a bahamian.

    It's not like you can just open a store front and put out a shingle.

    [NOT TRUE--Atlantis is majority foreign-owned for example.--Moderator]

  3. #3
    Join Date
    Sep 2004
    Posts
    23

    Default

    It is Bahamian law that all businesses must have majority
    ownership. Exceptions are made by the government in
    certain situations. In the case of Atlantis, they were an
    exception because of the massive contribution the business
    makes to the tourist industry.

    Unless special arrangements are made, you would have to
    get 51% Bahamian partners.

    Just for your information, Cable Bahamas (a private
    company) has more internet business than the government-
    owned BatelCo.

  4. #4
    Join Date
    Sep 2004
    Posts
    23

    Default

    It is Bahamian law that all businesses must have majority
    ownership [by Bahamians]. Exceptions are made by the
    government in certain situations. In the case of Atlantis,
    they were an exception because of the massive contribution
    the business makes to the tourist industry.

    Unless special arrangements are made, you would have to
    get 51% Bahamian partners.

    Just for your information, Cable Bahamas (a private
    company) has more internet business than the government-
    owned BatelCo.

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