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 […]
Prime Minister Davis to Deliver Keynote Address at 2025 Bahamas Business and Investment Forum
Nassau, The Bahamas – On Friday, May 29, Prime Minister the Hon. Philip Davis will deliver the keynote address at the 2025 Bahamas Business and Investment Forum. The event, themed “Embracing Opportunities in Paradise,” will bring together international investors to explore the numerous opportunities within The Bahamas’ diverse economy. During his address, Prime Minister Davis […]
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 […]
Government to Unveil 2025/2026 National Budget Focused on Expanding Opportunities — Island by Island
Nassau, The Bahamas – Tomorrow, the Government of The Bahamas will deliver the 2025/2026 National Budget. This fiscal roadmap for the year ahead reaffirms the government’s commitment to sustainable, inclusive growth across all islands. The theme for this year’s budget — “Expanding Opportunities: Island by Island” — reflects the government’s strategic focus on equitable development […]