How to know if the Bahamas is a tax haven?

No tax or only nominal taxes - Although the tax system differs by nation, all tax havens promote themselves as a place where non-residents may avoid paying high taxes by placing their assets or companies there. As a matter of fact, even well-regulated nations, although not classed as tax havens, still offer tax advantages to encourage foreign investment.

High information privacy - Financial information is fiercely protected in the Bahamas tax havens. The Bahamas have explicit legislation or administrative processes in place to protect information from international influence and spying.

No local residency - Foreign entities are usually not required to have a significant local presence in the Bahamas. Within its borders, there is no need to produce products or services, or to conduct trade or commerce as well as any local representative or office.