Aquaculture Permit (Fish Farming) : Bahamas

Name of the Organization : Department of Marine Resources
Type of Facility : Aquaculture Permit (Fish Farming)
Country : Bahamas

Website : https://www.bahamas.gov.bs/wps/porta…vZ0FBIS9nQSEh/

Aquaculture Permit (Fish Farming) :

This permit is required for persons who wish to engage in the culture of aquatic organisms, including fish farming.

Related : Department of Marine Resources Mammal Export Licence : www.statusin.org/6407.html

Eligibility :
The applicant must possess or have access to the expertise necessary to engage in aquaculture.

Process :
** Complete relevant application form.
** Attach a detailed proposal to the application form, along with other supporting documents.
** Submit completed application form, supporting documents and detailed proposal to the Department of Marine Resources.

Supporting Documents :
** Completed application form.
** Detailed proposal.
** Copies of passport of all persons named on the application.
** Detailed Environmental Impact Assessment of the Proposal.
** Approval from the National Economic Council where there are foreign nationals investing in the sector.
** Proof of access to the land and/or sea bed where the fish farming is to be conducted.

Turn-around time :
One month.

Deadline :
There are no deadlines associated with this service.

Related Fee(s) :
The fees charged for this service are as follows:
For research purposes – BS$50.00
For commercial purposes – BS$500.00

For more information please contact
Department of Marine Resources
East Bay Street
P.O. Box N-3028
Nassau, New Providence
The Bahamas
Tel. (242) 393-1777
Fax. (242) 393-0238
E-mail: fisheries [AT] bahamas.gov.bs
Opening hours: 9:00 am to 5:00 pm, Monday to Friday, except public holidays

And:
Family Islands Contact Information

FAQs :
What is National Economic Council (“NEC”)?
The National Economic Council, headed by The Prime Minister, is responsible for the executive management of the National Investment Policy and is the decision making body in respect of all commercial projects undertaken by foreign direct investors.

Who is the Director of Investments?
The Director of Investments is Mrs. Joy Jibrilu. The Acting Deputy Director of Investments is Ms. Bianca V. Beneby

How do I establish a business in The Bahamas?
An international investor seeking to do business in The Bahamas should submit to the Bahamas Investment Authority a Project Proposal, along with supporting documents.

Do you have Project Proposal Guidelines?
Yes.

What are the investment areas targeted for Foreign Investors?
a) Touristic resorts
b) Upscale condominium, timeshare and second home development;
c) Marinas;
d) Information / data processing;
e) Assembly industries;

f) High-tech services;
g) Ship registration, repair and other ship services
h) Light manufacturing for export;
i) Agro-industries;

j) Food processing;
k) Mari culture
l) Banking and other financial services;
m) Captive Insurance;

n) Aircraft services;
o) Pharmaceutical manufacture;
p) Offshore medical centres;
q) Wholesale distribution of any product produced locally

Please N.B :
** Investors interested in areas not included in the list should contact the Bahamas Investment Authority;

** Joint Ventures with Bahamian partners are encouraged, with the choice of partner being at the discretion of the investor;
** Investments of less than $500,000.00 will not be considered.