This "Commercial Enterprises Bill" translates to "Destroy Bahamian Entrepreneurial Bill"!
Foreigner's with easy access to $250,000 are a dime a dozen. If we are foolish enough to allow this to pass, every small business in the country will be besieged by foreign competition who's only criteria will be to start a competing business larger than an existing successful Bahamian owned business thereby succeeding in destroying local struggling entrepreneurs and only succeed in further foreign ownership of the economy, flight of profits to other jurisdictions and continued degradation of the local economy.
Bahamians that have struggled for decades building small businesses for successive generations will be wiped off the map overnight as foreigners' come in better capitalized, with incentives not afforded to locals and duplicate the Bahamians business! S-T-U-P-I-D!
From the domestic industry to construction, hotels, and banking, foreigner's have displaced Bahamians over the decades without training Bahamians. Why would we suddenly think this culture of the genocide of Bahamian workers will change?
A governments' primary function is to protect its citizenry. A prime example is Bermuda, which has closed and restricted categories of jobs and businesses to protect lower skilled opportunities for Bermudians only.
Which government had any success “limiting the amount of any work permits that will need to be issued, ensuring that Bahamians are the priority.”? The current absolute disaster now faced in immigration where the ministers' solution is to simply rubber stamp all applicants?
Where's the "Bahamian priority" in that?
Which investing companies to date made an investment in training Bahamian employees so that they were able to work and prosper in new roles that were created in any business to date, ensuring that Bahamian employees were given the opportunity to work at all levels of the company making the investment?
The "Commercial Enterprises Bill" throwing open the doors to anybody to do anything is asinine!
SP 6 years, 12 months ago on New job bill will ensure ‘Bahamians are priority’
New job bill will ensure ‘Bahamians are priority’
This "Commercial Enterprises Bill" translates to "Destroy Bahamian Entrepreneurial Bill"!
Foreigner's with easy access to $250,000 are a dime a dozen. If we are foolish enough to allow this to pass, every small business in the country will be besieged by foreign competition who's only criteria will be to start a competing business larger than an existing successful Bahamian owned business thereby succeeding in destroying local struggling entrepreneurs and only succeed in further foreign ownership of the economy, flight of profits to other jurisdictions and continued degradation of the local economy.
Bahamians that have struggled for decades building small businesses for successive generations will be wiped off the map overnight as foreigners' come in better capitalized, with incentives not afforded to locals and duplicate the Bahamians business! S-T-U-P-I-D!
From the domestic industry to construction, hotels, and banking, foreigner's have displaced Bahamians over the decades without training Bahamians. Why would we suddenly think this culture of the genocide of Bahamian workers will change?
A governments' primary function is to protect its citizenry. A prime example is Bermuda, which has closed and restricted categories of jobs and businesses to protect lower skilled opportunities for Bermudians only.
https://www.bermuda-attractions.com/ber…
Which government had any success “limiting the amount of any work permits that will need to be issued, ensuring that Bahamians are the priority.”? The current absolute disaster now faced in immigration where the ministers' solution is to simply rubber stamp all applicants? Where's the "Bahamian priority" in that?
Which investing companies to date made an investment in training Bahamian employees so that they were able to work and prosper in new roles that were created in any business to date, ensuring that Bahamian employees were given the opportunity to work at all levels of the company making the investment?
The "Commercial Enterprises Bill" throwing open the doors to anybody to do anything is asinine!