Local Businessman Attract Wealthy UAE Investors To The Bahamas
Mario Carey, President & CEO of Mario Carey Realty (MCR), is a pioneer in his efforts to attract Foreign Direct Investment to The Bahamas. MCR was recently named the exclusive Brokerage Firm for the BISX-listed Sapphire Venture Fund . A group of 10 savvy Bahamian based Businessman led by Tony Joudi, head of the Delegation and president of FTC Ltd, including Mario Carey, are visiting Dubai and Abu Dhabi this week to introduce the fund to wealthy investors and financial institutions in an effort to boost the Bahamas’ economy.
According to Carey, there are numerous business possibilities in the UAE and the Bahamas needs to take advantage of them. He stated that there are vast opportunities that exist between The Bahamas and the UAE and encourages the government to facilitate the relationship by easing visa requirements as seen with China, direct flights to LPIA or possibly as a hub for Emirates airline.
Carey urges that our country capitalize on the similar characteristics that the UAE and The Bahamas have in common including “the Palm Islands” and “the World”, which are man-made island developments that demonstrate the UAE’s understanding of the value of real estate. The Bahamas, which is an archipelago of 700 islands, is the perfect destination for future real estate development. Carey, who is one of 5% of real estate agents in the world with at degree in Real Estate and recently completed 100 transactions in the exclusive community of Ocean Club Estates, sees The Bahamas as an attractive destination for the Middle East.