Statement from the Office of the Prime Minister Clarification on the Proposed Amendment to the Owner-Occupied Property Exemption for Foreign Homeowners

The Office of the Prime Minister wishes to clarify the government’s proposed amendment to the owner-occupied property exemption as outlined in the 2025/2026 Budget Communication. Under the existing framework, foreign homeowners could apply for the owner-occupied exemption by submitting an affirmation form confirming that the property is owner-occupied and not rented. There is currently no formal requirement regarding […]
Budget 2025/26 Expanding Opportunities Island by Island Communication to Parliament from Prime Minister and Minister of Finance the Hon. Philip Edward Davis KC, MP

Introduction Madam Speaker: It is with the greatest appreciation for my fellow Bahamians that I rise to present my government’s annual budget for the fiscal year 2025/2026. One of the best parts of being Prime Minister is getting to spend a lot of time with a lot of Bahamians from all walks of life. I […]
Remarks by Hon. Philip E. Davis, K.C., M.P.90th Annual Session of the Bahamas Baptist Missionary and Educational Convention

“Two are better than one, because they have a good reward for their labour. For if they fall, the one will lift up his fellow.” — Ecclesiastes 4:9-10 Mr. President, Reverend Fernander, brothers and sisters in Christ— Good evening. And thank you for welcoming me into your fellowship tonight. The theme of this Convention—We Are […]
Remarks by the Prime Minister of the Commonwealth of The Bahamas for the Florida Memorial University Commencement

Good morning. President William McCormick, Board of Trustees, faculty and staff, proud families, and most importantly, the Class of 2025: It is a special honour to stand before you on this campus, which holds deep historical roots, not just for Florida but for the Black experience in America. Before we begin to talk about what […]
Readout: Prime Minister Davis Concludes Official Meetings in Washington, D.C

Prime Minister Philip Davis concluded a series of high-level engagements in Washington, D.C. today, including meetings with U.S. Secretary of State Marco Rubio and U.S. Department of the Treasury Secretary Scott Bessent. The discussions were cordial, constructive, and held in the spirit of mutual respect and regional cooperation. Topics covered included regional security, economic development, […]