The Bahamas is considered a `jurisdiction of choice' for financial services and investments generally. In my opinion this is a valid statement and I find it to be true because there is a better controlled environment for foreigners. Offshore banking is banking done by one country in another to avoid taxes.

The Bahamas is known throughout the world for its good climate, friendly people and beautiful beaches; but these are not the only thins which advertise the Bahamas. We are also known to have a `safe tax haven'. By banking through the Bahamas you can enjoy more for less. You are able to get online banking facilities, be able to trade stocks, options and bonds on all major world markets through an offshore brokerage account, hold assets secretly and conduct your business in a tax-free country with maximum secrecy. This makes it easier to bank in The Bahamas...