The legacy that the Bahamas was a Tax Haven is so anchored in the mind of people in Europe that no matter what the Bahamas do, it will never be enough. EU Citizen would take their politics as a fool if they start to brag about the Bahamas no longer being a Tax Haven after all these years of bullying them.

I'm French and I'm a permanent resident of The Bahamas since 10 years, and seriously every time I say I live in The Bahamas when I'm Europe the eye of the people starts to shine and they start to fantasy about a suitcase of money passing border like in an old James Bond movie of the 70'

From there I try hard to do my part and explain that with FACTA and CRS the Bahamas is no longer a Tax Haven, and bored them to death with the reality... The USA is probably the only tax even today since they don't sign the EU Common Report Standard (CRS) while every other signed their FACTA Agreement, but it's less "exotic" and "sexy" for EU citizens to picture this reality.

Seriously the only way for the Bahamas to change this bias is maybe to invest massively in a terrible Television PR Campaign showing the hundreds of JOB lost in the financial industry the past 10 years, showing Societe General (French Bank) leaving the country after more than 20 years, and explain the fact that all the money flies to another tax haven long ago leaving your banking industry as it is today.

But still, nobody will cry for The Bahamas... Good luck with this reality.

More money laundering and tax evasion takes place each year in France than has taken place in the Bahamas in the entire history of the Bahamas.

France and the EU countries are using the threat of financial blacklisting to advance their own economic interests at the expense of smaller countries. At some point the Bahamas should consider ignoring these threats, go rogue and open up our markets to attract their high income tax earners again, while creating our own rules of financial transparency (whatever that means).

France has draconian tax laws based on the Napoleonic code. Tax evasion is a national sport in France, and they are clamping down. BNP Paribas, the big French bank was the thin edge of the wedge in the decline of The Bahamas Financial Services. They have been known to play footsie with money laundering and other regulations. They saw the writing on the wall, and sold their Bahamas book of business in 2009-2010 timeframe. The entity that bought it, had to purge over 100,000 accounts that were in violation of the FATF, FATCA, OECD, the John Doe subpoena, and tax authorities around the world (notably Canada where there was a large preponderance of French Canadian accounts). Recently France passed new laws to tax the wealthy and there was a flight of capital. This action is to stem that and get needed tax dollars into their struggling economy.

The legacy that the Bahamas was a Tax Haven is so anchored in the mind of people in Europe that no matter what the Bahamas do, it will never be enough. EU Citizen would take their politics as a fool if they start to brag about the Bahamas no longer being a Tax Haven after all these years of bullying them.

I'm French and I'm a permanent resident of The Bahamas since 10 years, and seriously every time I say I live in The Bahamas when I'm Europe the eye of the people starts to shine and they start to fantasy about a suitcase of money passing border like in an old James Bond movie of the 70'

From there I try hard to do my part and explain that with FACTA and CRS the Bahamas is no longer a Tax Haven, and bored them to death with the reality... The USA is probably the only tax even today since they don't sign the EU Common Report Standard (CRS) while every other signed their FACTA Agreement, but it's less "exotic" and "sexy" for EU citizens to picture this reality.

Seriously the only way for the Bahamas to change this bias is maybe to invest massively in a terrible Television PR Campaign showing the hundreds of JOB lost in the financial industry the past 10 years, showing Societe General (French Bank) leaving the country after more than 20 years, and explain the fact that all the money flies to another tax haven long ago leaving your banking industry as it is today.

But still, nobody will cry for The Bahamas... Good luck with this reality.

France??? No one cares about France they aren't even their own country any more they're part of the Caliphate and have been for a while - they are the front line in WWIII or the last Crusade....whichever you want to call it.

Really France?? Make ya wine and cheese and shut ya pie holes everyone saved yer ass before and looks like we ga have to do it again soon....

Bahamians need to go to France and join in on the strike action.

**Do take your camera when you goes see for yourself, what a princess thing $32,000 buys in 2019 dollars?**
Returning more to the street corners and jibs most talked about in both colony's English and Creole languages about the most pressing local issue of the day, is did that designer thing constructed pass Christmas tree,**really cost the PopoulacesOrdinaryPurse, the "princess" sum $32,000,**, yeah,no - I said **$32,000.** You just can't make a **$32,000** uglier than sin post Hurricane Dorian Christmas tree up. you just, cant.

Mr:Turnquest can be as furious as he wishes. It means absolutely nothing.

Check with Mr: Sears and Mr: James Smith they will help you.

LMAO - Sears and Smith both bear great responsibility for the unfavourable spot light constantly being shone on the Bahamas by global financial regulators. These two clowns also have close ties to the money laundering and other criminal enterprises operated by certain of the racketeering numbers bosses like that thug Sebas Bastian.

**Yeah, no. by next week, the same KP, goin be claiming how the French have admitted it all was said in error, and that they have apologized?**
If the then still new Imperialists red shirts politically appointed governor general, could propose fly-in his loyalists supporters from Grand Bahamalander to attend his royal swearing-in bash - then why hell not fly in we comrade Abacoians, for their chance to pose for pictures next to a **Princess pricey designer Christmas tree which reportedly cost the PopoulaceOrdinaryPurse, something like the Princess sum of $32,000 - in Christmas shopping currency..** You just can't make this up, you just, can't. **Same amount currency, could've built four additional Domes for Abacoians.**

Let's just put a very high tariff rate on French champagne, French cheeses, and all French made luxury handbags, jewelry, etc. and be done with France one time. Better still, let's ban all Bahamians from traveling to France. We should also consider giving whatever moral and financial support that we can muster up to the Yellow Jackets in an effort to help them in their righteous quest to run looney-tune Macron out of France.

Actually, Macron is a hell of a lot better than Sarkozy.

The French haven't had a decent political leader for decades now because of their very splintered and rigged political system. Things have gotten so bad that Paris is likely to loose, if it hasn't already lost, its long held standing as the most popular city in the world for tourists. Truth be told, France is a social and economic mess today.

France is singlehanded responsible for the condition of Haiti today. They hoodwinked and bamboozled Haitians into paying for their freedom. Trillions of dollars. At that time Haiti had one of the most advanced and booming economies in the West World. But after France got Haiti to pay for their freedom, which it was capable of doing. France got the rest of the world to secretly agree to not do trade with Haiti. And so France is responsible for the poverty in Haiti today and the illegal immigration to Lin the Bahamas. So piss on France . Piss on France 1000 Times and all it’s descendants into eternity and forever!

history doesn’t repeat itself, people repeat history. Don’t bow down this time to a known traitor nation.

Yeah, no.,word on street corners and jibs has it that the colony's comrade finance minister is calling for a boycott eatin **French Fries!**

Well I suppose the good news is they can no longer be blind sided or surprised "when" we hit the next blacklist. They know it's coming so they've got their strategic plans in place

When they even suggest blacklisting the USA, Trump responds by threatening to withdraw membership. And notice it is the same set of nations who are constantly threatened. Nations that pander to them and spend the most time and make the most effort trying to comply.

Zee frogs, they will hoist the white flag at zee slightest noise!
Seriously, the Haitians bankrupt themselves paying for their independence:
Such a noble but immolating endeavor.
We however, immolate ourselves with no plan, massive debt, with nothing to show for it.
Can't even build an outhouse for less than $500/Sq ft.