Hotels Encouragement Act

Rainbow Inn Boutique Hotel

Hotels Encouragement Act to boost Bahamas hotel development

The Bahamas' Hotels Encouragement Act was first introduced in the 1950s to help stimulate hotel and resort development and attract more Foreign Direct Investment. It is the perfect development incentive to capitalize on the current market. The Hotels Encouragement Act allows import duty to be refunded on all approved hotel construction materials, furnishings, fixtures, and so on, entering the country. In...

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