as a result of Ponce de Leon’s quest for the “Fountain of Youth”
in 1513. It is believed that the Spanish explorer called this area
“baja mar” (literally ‘under water’), so the name Gran
Bajamar or ‘Great Shallows’ – came to be known as
Freeport/Lucaya, the Bahamas’ second city, is known for its
casinos, resorts and tropical entertainment, however throughout this
developed area there are pristine white sand beaches, three national
parks, protected wetlands and an incredible resource of marine life.
The island’s real estate is varied from luxury high-rise
condominiums to island outpost vacation homes on peaceful beaches.
Freeport is an international port and industrial centre operated by
the Grand Bahama Port Authority (GBPA) under the terms of the
Hawksbill Creek Agreement. The agreement was first signed in 1955
between the Bahamian government and the GBPA to develop Crown land as
a free-trade zone. This land now totals 149,000 acres (233 square
benefits of operating in Grand Bahama include proximity to the
vibrant US market (Freeport is a short flight from Florida’s east
coast), a deep-water harbour capable of handling the world’s
largest ocean-going vessels, a busy container port with the most
up-to-date equipment and an international airport. Grand Bahama also
boasts many fine large and small hotels, including the Grand Lucayan,
Pelican Bay Hotel, Memories, and the Viva Wyndham Fortuna Beach
hotels, all on beautiful beaches, as well as numerous timeshare
offers many of the same benefits that are available in any
first-world city including: state-of-the-art communications, access
to broadband Internet and miles of well-maintained highways and
roads. But there’s much more. Separate residential communities
include gracious homes, condos and rental properties. Among the
amenities are bicycle and walking paths, golf courses, schools and
medical facilities, easy boating access by canals to the island’s
famous clear ocean waters where the fishing is great and, arguably,
some of the most beautiful beaches in the world.
INVEST in Grand Bahama?
to key North, Central and South American financial centres.
world's largest economy is only 50 miles away.
Bahamas share time zone (EST) with Miami, New York and Toronto.
and stable democracy for almost 300 years.
nation since 1973.
is less taxing for those who choose to live here. No personal of
corporate income taxes
and no taxes on capital gains, no inheritance tax, dividends or
Acts of Parliament offer investment incentives.
ease of getting here with frequent daily U.S. and International
ideal climate and lifestyle with modern infrastructure and