Deltec’s principal operations are based in Nassau, Bahamas. The Bahamas is ideally located at the crossroads of the Americas. Long respected and secure, it has undergone an energetic rebirth and the government has taken agressive measures in the Financial services sector to establish a solid reputation. The Bahamas has been an independent nation since 1973. It is politically stable with a democratic government.
The country has a long established and evolutionary financial services industry, which is a very important part of the economy. It has a respected independent judicial system based on English common law.
There is no income, capital gains or inheritance tax. Alongwith a robust regulation by The Central Bank and The Securities Commission, the Bahamas is also a Qualified Jurisdiction and is TIEA/OECD tax compliant.
Financial institutions benefit from a well qualified and educated work force. Geographically, it is very close to the USA and enjoys numerous flight connections with the US, Canada and Europe (UK).