U.S. Department of State
2026 Investment Climate Statements: The Bahamas
EXECUTIVE SUMMARY
The United States maintains a strong trade surplus with The Bahamas, estimated at approximately $3.8 billion. The Bahamas remains heavily dependent on U.S. imports, sourcing 80-90 percent of its food and fuel from the United States. The Bahamas is not a member of the World Trade Organization (WTO) and does not offer export subsidies, engage in trade-distorting practices, or maintain a local content requirement. The country continues to position itself as an attractive destination for U.S. investment, due to minimal direct taxes, close geographic proximity to the United States, and shared democratic values.
The economy is open and largely driven by tourism and financial services, which together account for approximately 85 percent of GDP. The government is actively pursuing economic diversification and increasing foreign direct investment (FDI), including from non-traditional sources. Recent reforms, including the Public Procurement Act and the introduction of an eProcurement platform, are intended to improve transparency and strengthen public sector accountability. However, a lack of transparent investment procedures and legislation continues to create challenges for investors. Read more>>
















































