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Mario Carey

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More economic support needed for senior citizens, says Carey

A Bahamian businessman is calling for greater economic support for senior citizens, warning that rising healthcare, insurance and living costs are encouraging more Bahamians to spend their retirement years overseas.

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Realtor: Don’t cap private island tax at $200,000 yearly

Private islands and foreign-owned homes worth more than $20m should not have their annual real property tax payments capped at a maximum $200,000, a prominent Bahamian realtor is arguing, calling for it to be set much higher.

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Realtor urges level playing field for Bahamian vacation rentals

A prominent realtor is calling for Bahamian vacation rental owners to receive incentives similar to those under the Hotels Encouragement Act to prevent the market from being dominated by foreigners.

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