Here is the synopsis of our sample research paper on Bahamian Immigration Policy. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 25 page paper discusses Bahamian immigration policy, and finds that it is neither fair nor "transparent," but instead appears to be unfairly applied in some cases. Further, because of The Bahamas as a location for offshore banking, it attracts wealthy people who appear able to "jump the line" for residency. In addition, companies complain that they are unable to hire the workers they need because of the stringent immigration regulations, which have the effect of barring foreign workers from specialized positoins; however, because there is no college in the island, native Bahamians often have few of the skills necessary for these jobs, leaving companies with the necessity of cutting their workforce, often throwing native Bahamians out of work. Finally, the paper considers the huge problem of illegal immigrants, mostly Haitians, and their impact on The Bahamas. Bibliography lists 11 sources.
Page Count:
25 pages (~225 words per page)
File: D0_HVBahImm.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
statement that Bahamian immigration policy is transparent and fair to all nationalities seeking to immigrate. Discussion The islands are beautiful and many people would like to live and work there.
However, there are several considerations that need to be addressed before taking such a drastic step. First, the islands are a center of offshore banking; the "entire jurisdiction is one
of the largest, most popular and successful tax havens in the world" (Offshore banking in the Bahamas, 2006). The island have "no tax jurisdiction" and that, coupled with their "superior
banking privacy laws," make banking in the islands "seriously big business" (Offshore banking in the Bahamas, 2006). The Bahamian government strictly adheres to the international laws governing the operation
of offshore tax havens, "but they are also committed to the ongoing provision of extremely attractive incentives to attract those looking to invest or bank offshore or protect their assets
offshore" (Offshore banking in the Bahamas, 2006). Foreign investment in the islands is "massive"; in addition, "the provision of financial services from The Bahamas is an international business in its
own right and one that generates over 15% of Bahamian GDP" (Offshore banking in the Bahamas, 2006). For residents of The Bahamas or corporations doing business there, the tax breaks
are considerable. There is no personal income tax, no capital gains tax, no "corporate earnings tax, sales tax, estate or inheritance tax and no tax is levied on company dividends
either" (Offshore banking in the Bahamas, 2006). Clearly, many people seek to establish residence in The Bahamas to take advantage of these very favorable terms. The Bahamas also benefits those
who bank there by maintaining a strict policy of secrecy. "The laws governing the maintenance of secrecy can only be overridden with a court order from the Supreme Court" (Offshore
...