Richard Coulson raises an interesting discussion over at The Nassau Institute.
Here's a snippet:
"Suddenly, Bahamians are becoming more aware of the vast universe of investments percolating in securities markets beyond our shores. Under the newly relaxed rules of the benevolent Central Bank, citizens holding nothing but Bahamian dollars can now invest offshore, without paying the previously prohibitive exchange premiums—originally 25%, then 12%, now reduced to an appealing 5%. True, the Bank won’t allow the cheaper money to be used to buy a luxury foreign home or yacht, but for marketable traded securities handled through one of our authorized financial institutions, the investing path becomes ever easier."
Read it here...