Don't forget that these people have been trained and have all the experience to give the project a good start. Even if you think the GOV should not cover their income at this point it's important for the project that these people stay - and they won't without income.
As a foreign investor who wants to leave his money in your country i'm watching very closely how the government is handling this and what i see so far i don't like at all.
In my oppinion, if it's your interest to get the Bahamar open quickly you'll better pay everyone as looking for new staff, getting them here, training them, getting permits will take significant more time and money.
So i don't think it's a smart move to let people in management positions run out of cash, forcing them to leave the country.
You will need even more time to understand project and even new management staff will need more time to start working as they don't have someone who can simply introduce them the current process and workflows.
Some of my neighbors work in management positions at the Baha Mar and are already leaving the island within the next 3 weeks due to this situation.
I also know a few cooks who have been hired who are leaving - Guess Christie will have to cook italian and french food on his own now... The Bahamas are loosing some exceptional talents with every week this situation is not solved.
Just a matter of time until the real estate and car market drops and more people loosing jobs.
"He suggested that if Mr Izmirlian had criticised the government in the Pindling era, he would have been booted out of the country by the respective minister of immigration.However, he added, times have changed since then."
He still thinks you should have no right to criticise the government even if you invest 900 million dollars ? How do you even remotely think anyone would want to invest here ? That's the type of comments that drive investors away...
Wow, that's the way to destroy a brand and damage your own countries economy. As a foreigner i better keep my funds out of this country - that's the message this delivers for me.
BaronInvest says...
Don't forget that these people have been trained and have all the experience to give the project a good start. Even if you think the GOV should not cover their income at this point it's important for the project that these people stay - and they won't without income.
As a foreign investor who wants to leave his money in your country i'm watching very closely how the government is handling this and what i see so far i don't like at all.
In my oppinion, if it's your interest to get the Bahamar open quickly you'll better pay everyone as looking for new staff, getting them here, training them, getting permits will take significant more time and money.
So i don't think it's a smart move to let people in management positions run out of cash, forcing them to leave the country.
You will need even more time to understand project and even new management staff will need more time to start working as they don't have someone who can simply introduce them the current process and workflows.
On ‘Shocking’ Gov’t refusal to pay Baha Mar expats $1.8m
Posted 1 August 2015, 12:01 p.m. Suggest removal
BaronInvest says...
Some of my neighbors work in management positions at the Baha Mar and are already leaving the island within the next 3 weeks due to this situation.
I also know a few cooks who have been hired who are leaving - Guess Christie will have to cook italian and french food on his own now... The Bahamas are loosing some exceptional talents with every week this situation is not solved.
Just a matter of time until the real estate and car market drops and more people loosing jobs.
On ‘Shocking’ Gov’t refusal to pay Baha Mar expats $1.8m
Posted 30 July 2015, 8:32 p.m. Suggest removal
BaronInvest says...
"He suggested that if Mr Izmirlian had criticised the government in the Pindling era, he would have been booted out of the country by the respective minister of immigration.However, he added, times have changed since then."
He still thinks you should have no right to criticise the government even if you invest 900 million dollars ? How do you even remotely think anyone would want to invest here ? That's the type of comments that drive investors away...
On Mitchell says investors won’t be scared off
Posted 24 July 2015, 1:20 p.m. Suggest removal
BaronInvest says...
This is a no-brainer. This concerned me deeply so i already i pulled out of a few property purchases at the Bahamar.
On Do you think the Baha Mar situation will impact foreign investment in the Bahamas?
Posted 23 July 2015, 7:37 p.m. Suggest removal
BaronInvest says...
Wow, that's the way to destroy a brand and damage your own countries economy. As a foreigner i better keep my funds out of this country - that's the message this delivers for me.
On Chapter 11 bid refused: Baha Mar application denied, Govt ‘vindicated’ by ruling
Posted 23 July 2015, 7:31 p.m. Suggest removal