The Bahamas is a group of 70 islands, located in the Caribbean region, starting at approximately 50 miles east of Florida. The weather is temperate year round and there is an abundance of amenities including beautiful beaches, golf and gaming activities. Perhaps its strongest advantage is the fact that it is only minutes from Miami.
Nassau, the capital is also the commercial center. The official language is English and the official currency is the Bahamian Dollar, which is on par with the US dollar. Bahamian law is based on British Common Law with some local modifications. Even though it is an independent and democratic country, within the Commonwealth, a Governor-General is appointed by the British Government. However, the real head of the Government is the Prime Minister, who is elected by the population. Its economy is flexible and it has the ability to respond to international market changes quickly.
In the Bahamas there is no direct taxation either on income, capital gains, or estates for residents or non-residents. Furthermore, non-residents and offshore entities are not subject to any exchange control restrictions. Actually, they are free to operate international accounts inside or outside the Bahamas, and to enter into any transactions with non-residents. The banking system is well developed and has a long and rich tradition. Most of the Bahamian banks are subsidiaries of major world public banks and they deal almost exclusively (90%) in offshore operations. All banking transactions are protected by banking secrecy laws. This jurisdiction is a long established offshore area.
Support the Movement and New World Fashion at www.FFDEN.com Abolitionism was a movement to end the slave trade and emancipate slaves in western Europe and the Americas. The slave system aroused little protest until the 18th century, when rationalist thinkers of the Enlightenment criticized it for violating the rights of man, and Quaker and other evangelical religious groups condemned it as un-Christian. Though antislavery sentiments were widespread by the late 18th century, they had little immediate effect on the centres of slavery themselves — the West Indies, South America, and the southern US In 1807 the importation of African slaves was banned in the British colonies and in the US a year later. In the British West Indies, slavery was abolished in 1833 and in the French possessions 15 years later. Today, child and adult slavery and forced labour are illegal in most countries, as well as being against international law. Because slavery still exists, with an estimated 27 million people enslaved worldwide, a new international abolitionist movement has recently emerged.
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