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Subject: Re: Re: Can I live in bahamas if I start a HEDGE FUND there?

Posted by: Shelley Ward
Host: bb.cpe.zrh.ch.colt.net
IP #: 212.203.111.210
E-mail: <Shelley.A.Ward@gmail.com>
Date Posted: October 19, 2009 at 14:00:18
Subject: Re: Re: Can I live in bahamas if I start a HEDGE FUND there?

Message:

Hi there

I can tell you that it can be quite difficult to get a work permit to live and
work in The Bahamas, especially in today's economy, and doubly if you want to
work for yourself. You will need to form a company, more than likely, with a
Bahamian partner, who will have to own 51% of the company. However, as far as
I know (not a lawyer by the way), you can have a law office here hold the 51%
which is a safer bet than depending on one person that you hardly know. I
think you can check out a couple of the following law firms, they can tell you
more: Graham Thompson & Co.; McKinney, Bancroft & Hughes; Paul King &
Associates; or Lowell Mortimer & Co. You can find their contact info using the
Bahamian search engine www.bahamaslocal.com.

Hope that helps, and good luck. Of course, if it works out, I have a series 7
license and 7 years banking experience offshore and would love to move into the
hedge fund arena. :-)

Good luck to you.



: :
: : Did it work for you? Im looking to just move somewhere warm from Canada...
I
: am also a british citizen ... hopefully that will help... Let me know what
you
: found out please.
: Thanks Sue