Search results for : conveyance
VAT on conveyances over 100K
VAT on conveyances over 100K
Just as a value-added tax (VAT) of 7.5 percent was added to all insurance premiums and related fees except life, annuity and savings product premiums yesterday, the VAT Department has issued new interim rules for real estate transactions.
Paralegal Secretary Needed
Paralegal Secretary Needed
A Bahamian Attorney is seeking the services of a Paralegal Secretary.
The successful candidate must possess a minimum of 3 years experience.
Paradise Island lighthouse entrepreneur plans to take land battle to the Privy Council
NASSAU, BAHAMAS – Bahamian businessman Captain Toby Smith plans to take his case to the London-based Privy Council after the Court of Appeal, in a majority ruling last month, dismissed his appeal, affirming that he lacked a valid and enforceable Crown Land lease agreement for land on Paradise Island. Smith has filed an application to [...]
Court of Appeal dismisses appeal of P.I. lighthouse entrepreneur in majority decision
NASSAU, BAHAMAS — In a majority ruling, the Court of Appeal dismissed an appeal by Captain Toby Smith, affirming that he lacked a valid and enforceable Crown Land lease agreement for land on Paradise Island. Chief Justice Ian Winder had ruled in February 2023 that there was no binding lease agreement between Captain Smith and [...]
Too many Bahamians unable to afford homes, PM says
Too many Bahamians unable to afford homes, PM says
NASSAU, BAHAMAS — Prime Minister Philip Davis has lamented that homeownership has been out of the reach of many Bahamians, stating: "We must resolve to change this reality." "As we maintain our focus on reducing the cost of living and creating more opportunities for Bahamians, affordable homeownership opportunities are an essential component of our blueprint [...]
Government allocates $10 million for land acquisition payments
Attorney General Ryan Pinder announced yesterday that the government has set aside $10 million to make land acquisition payments to Bahamian property owners.
Millions Spent to Repair Govt Homes
Millions Spent to Repair Govt Homes
Between 2007 and 2008, the Cabinet had to approve $2.3 million to fix houses built by the former Ministry of Housing and National Insurance in the last few years leading up to 2007, according to a special independent audit of the ministry obtained by The Nassau Guardian.
Relief order extended for Dorian reconstruction
Relief order extended for Dorian reconstruction
THE government is extending its current tax relief order to continue to support reconstruction efforts in Abaco and Grand Bahama, Prime Minister Dr Hubert Minnis said yesterday.
PM says Government will ensure Bahamians Access Crown Land
Prime Minister the Most Hon. Dr. Hubert Minnis announced that his government has embarked on an ambitious effort to ensure Bahamians have greater access to Crown Land...
$7m spent by government so far on hurricane clean-up
$7m spent by government so far on hurricane clean-up
WHILE several communities throughout the capital still bear the signs of the devastation left behind by Hurricane Matthew, Labour Minister Shane Gibson, who is responsible for the repair and recovery efforts in the aftermath of the storm, said the government has spent in excess of $7m on cleanup efforts, which have taken place in New Providence, Grand Bahama and Andros.