September 19, 2023 Download PDF

Nassau, The Bahamas – In The Bahamas chapter of the recently published 2023 Chambers Global Practice Guide – Doing Business In…, GrahamThompson partners highlight the trends and developments in a legal and business environment that continues to serve opportunities for investment and growth. Managing Partner Judith Whitehead KC and Partners Aliya Allen, Alistair Chisnall and Michaela Sumner-Budhi provide a comprehensive snapshot of the legal system, laws and practice in areas pertinent to doing business in The Bahamas. Their overview of trends and developments, highlight some of the recent happenings in the public policy and legislative environment.

Main Market Trends

Authors highlight tax changes important to the investor landscape, including taxes related to real property investments, an essential driver of foreign direct investment in The Bahamas, and the Condo Hotel Tax. Authors also review The Bahamas Government’s May 2023 green paper “Corporate Income Tax Strategies for The Bahamas”.

Guide Content

The Guide covers an extensive range of subject areas essential to doing business in The Bahamas. Including:

  • Restrictions on Foreign Investment
  • Corporate Vehicles
  • Employment Law
  • Tax Law
  • Competition Law
  • Intellectual Property
  • Data Protection

It also provides a general overview of the country’s legal system.

Where to find the Guide

An online version of the Chambers 2023 Global Practice Guide for Doing Business In… The Bahamas chapter on the Chambers and Partners website is available via this link,

You may also download a PDF-copy of the Bahamas Chapter Guide here, Doing Business In 2023: Law and Practice in The Bahamas.

The complete e-Guide, including all country chapters is available via this link,

Chambers global practice guides are considered “definitive global law guides offering comparative analysis from top-ranked lawyers”.

GrahamThompson’s Chambers Rankings

GrahamThompson is a top-tier ranked law firm with a Band 1 ranking in Chambers and Partners’ Global rankings in General Business Law. The firm also holds the top Band 1 ranking in Chambers’ High Net Worth (HNW) Offshore Trusts Sector.

Several of GrahamThompson’s attorneys have likewise been individually ranked in these two stated areas. Including Michelle Pindling Sands, Tanya Hanna, Alistair Chisnall, Sean McWeeney KC, Dana Wells and Craig Roberts.

Guide Authors

Judith Whitehead

Judy is the GrahamThompson’s Managing Partner. She oversees the firm’s operations, providing leadership of the firm’s strategic direction. Formerly a Litigation Partner, with a concentration on family law, her work now focuses on advising special clients, mainly the firm’s high net worth private clients, and negotiations with the Government on large investment projects.

Aliya Allen

Aliya Allen is a Partner and Co-Chair of the firm’s Finance and Corporate Practice Group. Her practice focuses primarily on banking, investment funds, securities, securitisation and capital markets; and technology, FinTech, blockchain and digital assets and regulatory matters such as FATCA, CRS, AML/CFT. She has played a leading role in the development and revision of industry defining legislation and is a recognized thought leader on the digital assets business sector in The Bahamas.

Alistair Chisnall

Alistair Chisnall is a Partner and Co-Chair of the firm’s Property and Development Practice Group. He specialises in real estate, sales and structuring for high-end private client matters and large commercial transactions. His practice covers mortgage-backed financing and loans, title due diligence and opinions, title insurance, subdivision and development planning, resort development and operation, commercial and residential leases, and related tax and regulatory matters. Alistair is also a Chambers and Partners ranked attorney, for his work in Real Estate.

Michaela Sumner-Budhi

Michaela is a Partner in the Firm’s Litigation and Dispute Resolution Practice Group. Her litigation practice has encompassed a broad range of matters including contractual disputes, personal injuries, and medical malpractice. She also has an extensive practice in transactional matters.