Prime Minister Philip Davis’s Remarks at the 2025 Bahamas Business and Investment Forum

Ladies and gentlemen,

In a period of global uncertainty — when markets are volatile, geopolitical tensions run high, and the rules of engagement seem to shift by the day — I come to you with a simple, confident message:

The Bahamas offers certainty.

Certainty in our governance. Certainty in our legal framework. Certainty in our business environment. And certainty in our direction as a nation committed to stability, integrity, and sustainable growth.

Investors around the world are rethinking their strategies. The search is on for jurisdictions that are safe, transparent, predictable, and welcoming. Places where capital is protected. Where the rule of law is not an aspiration, but a guarantee. Where leaders are accessible, and the path from proposal to progress is not mired in red tape.

The Bahamas meets that moment.

We are a stable democracy — the oldest in the region — with a legal system rooted in English Common Law and a final court of appeal that remains the Judicial Committee of the Privy Council in England. We boast a robust financial services sector, a business-friendly tax environment, and one of the most dynamic tourism economies in the hemisphere.

But beyond the facts and figures, what we offer investors is something increasingly rare in today’s world: clarity.

We know who we are. We know what we offer. And we know where we’re going.

Our government is focused on providing smart, targeted reforms to enhance the ease of doing business. 

We are modernizing infrastructure, digitizing services, upgrading energy systems, and removing outdated bureaucratic hurdles — all to ensure that your investments in The Bahamas are not only secure, but positioned to grow. 

For generations, Bahamians have cultivated deep expertise in international financial services, creating a highly skilled talent pool. As a result, The Bahamas offers investors access to a robust base of experienced professionals ready to support and facilitate global business operations.

So as the world searches for safe ground, I invite you to take a serious look at The Bahamas — not just as a destination, but as a dependable partner.

We live in a time when once-reliable markets are being tested by conflict, supply chain disruptions, rising interest rates, and policy unpredictability.

In many countries, investors are facing reversals in regulation, abrupt currency shifts, and political systems too fractured to provide a clear roadmap forward. 

The result is a climate of hesitation, where capital is sitting on the sidelines, not because of a lack of opportunity, but because of a lack of confidence in the terrain.

That’s where The Bahamas stands apart.

We understand that for investment to thrive, stability must be more than a talking point — it must be delivered in practice. That’s why we have worked diligently to maintain political continuity, policy coherence, and economic prudence.

We have avoided the wild swings in direction that investors fear. Our monetary policy is steady. Our fiscal consolidation is delivering results. Our debt is declining. And our credit rating outlook was recently upgraded by Moody’s — a signal of growing international confidence in our economic stewardship.

We don’t take that lightly. We know that every investor who chooses The Bahamas is making a decision based on trust. And we are committed to earning that trust — every day, through sound governance, transparency, and responsiveness.

We have also committed to clarity in law. Investment policies are published and enforced. Contracts are respected. And our judiciary remains independent and internationally respected — a foundation of our common law heritage. As mentioned before, our final adjudication body is resident in England.

This kind of certainty doesn’t happen by accident. 

Certainty attracts capital. But long-term success — the kind investors are really looking for — comes from more than stability. It comes from growth. From partnership. From confidence that you’re not just entering a market — you’re becoming part of its future.

That’s the real story of The Bahamas.

We don’t ask investors to come in, write a cheque, and figure it out on their own. That’s not our model. 

Our approach is to work with you — through every phase of the investment journey. From inquiry to implementation, from licensing to operations to expansion, this administration is available, responsive, and focused on results.

Our Investment Promotion and Facilitation Unit at the Office of the Prime Minister is designed to be your single point of contact — cutting through bureaucracy, coordinating across agencies, and ensuring that your project isn’t delayed by red tape or unnecessary silos.

Because we understand: in a global market, investors have choices.

And we want you to choose The Bahamas because we are not just open — we are organized, engaged, and ready to support your vision. 

Whether it’s infrastructure, hospitality, logistics, energy, or financial services — our job is to help you unlock the potential of your investment and align it with national development priorities.

And we are evolving fast.

Our traditional strengths — tourism, financial services, and logistics — continue to grow. But we’re also creating the policy and regulatory frameworks to support investment in renewable energy, digital assets, blue economy ventures, technology parks, and climate adaptation infrastructure.

We are opening up new sectors where investor creativity can match up with national needs. 

We’re modernizing our registry and land systems to ensure clarity of ownership. 

We’re introducing digitized platforms to improve government responsiveness. 

And we’re streamlining approvals across major ministries to reduce wait times and improve accountability.

This means that an investor in The Bahamas isn’t just contributing to the bottom line — you’re helping shape the kind of economy we are building.

We want this to be a place where you can pilot new models, scale successful ventures, and establish regional headquarters that connect you to the wider Caribbean and the Americas.

It’s also a place where people want to live — and that matters.

Executives want to bring their families. Teams want to be based in places where they feel safe, welcomed, and inspired. 

In The Bahamas, we offer world-class education, reliable medical care, an English-speaking workforce, and a lifestyle that supports well-being and productivity.

So while many countries are competing on cost, we are competing on value — on the quality of our governance, the responsiveness of our systems, the strength of our institutions, and the opportunities we offer to build something meaningful and enduring.

We’re not pitching a product. We’re offering a relationship — built on mutual respect, aligned interests, and a shared commitment to success.

If your goal is to invest in a place where ideas are taken seriously, where government is a partner, and where opportunity is matched by reliability — then I invite you to look seriously at The Bahamas.

This is a nation ready to grow — with you, and because of you.

In today’s environment, where innovation is moving faster than regulation, investors are right to ask hard questions — not just about incentives, but about safeguards. 

About what happens when something goes wrong. 

About whether the rule of law holds up when pressure is applied.

In The Bahamas, we have answers.

One of the clearest examples of this is our approach to digital assets. In 2020, we became the first country in the world to pass a comprehensive regulatory framework for digital assets and exchanges — the Digital Assets and Registered Exchanges Act, or DARE.

We didn’t wait for the world to tell us what to do. We anticipated where the industry was going, and we acted. 

DARE is not just a statement of ambition — it’s a serious, enforceable legal framework that protects investors, strengthens compliance, and holds institutions to account.

And when that framework was tested — in full view of the world — we did not flinch.

When FTX collapsed, The Bahamas was at the centre of a global firestorm. But in the aftermath, something important happened: 

Our institutions held. 

Our regulators acted swiftly. 

Our courts operated with transparency. 

And while some jurisdictions scrambled for answers, we were already implementing them.

That moment became a global proof point — not of failure, but of resilience.

It showed that even in the face of unprecedented volatility, The Bahamas remained committed to the rule of law, to investor protection, and to the highest standards of regulatory integrity. And we have since updated and strengthened DARE to ensure our jurisdiction remains best-in-class in this emerging sector.

This is how we approach every challenge: with clear-eyed honesty and a commitment to governance that stands up under scrutiny.

Because in the end, trust isn’t earned when things are easy — it’s earned when they’re hard.

Our ability to attract serious capital will always depend on our seriousness about regulation, transparency, and fairness. That’s why we continue to invest in our regulatory institutions, strengthen our oversight capabilities, and refine our frameworks with international best practices in mind.

So when we say The Bahamas offers certainty — we mean it in the most rigorous sense. 

Legal certainty. 

Regulatory maturity. 

Political stability. 

And a commitment to evolving in step with the demands of the global marketplace.

You’ve heard the story of a country — small in size, yes, but clear in purpose.

A country that knows the value of stability in a time of global uncertainty. 

A country that has faced its share of challenges, but has never stopped moving forward. 

A country that has taken bold steps to modernize, regulate, and reform — not because it was easy, but because it was necessary.

I’ve shared with you our vision, our actions, and our proof points.

But if there’s one thing I want you to leave with — just one — let it be this:

The Bahamas is open for business.

Friends,

The great thinkers of our time remind us that progress is never accidental—it is built by those who dare to push boundaries, who see opportunities where others see obstacles, and who believe that ambition is not limited by size, but by vision.

That is the story of The Bahamas.

We are a small country, but we have never allowed that to define our potential. We have proven that with the right partnerships, bold ideas, and a commitment to innovation, we can lead in areas that matter—not just for ourselves, but for the world.

But the real question is: What role will you play in this journey?

What industries will we build together? What investments will define the next decade? How can we turn today’s opportunities into lasting value for future generations?

Because our goal is not just to succeed—it is to be the model of success. A model that proves what is possible when a small country leans in with ambition, breaks barriers, and redefines what the future can be.

I invite you to lean in with us. To be part of this next chapter. To push the boundaries of what we can achieve—together.

Thank you.