40 likes | 185 Vues
Bermuda, a small island with a population of 68,500 living in just 20.75 square miles, is a thriving business hub that generates an estimated $1.35 billion for its economy each year through its international business sector. Over 13,000 companies are registered here, including 2,000 insurance entities with assets exceeding $230 billion. Known for its historic ties with the UK and the US, Bermuda welcomes 82% of its tourists from America, making it a unique blend of culture, commerce, and governance, with a currency that shares parity with the US dollar.
E N D
BUSINESS IN BERMUDA • The international business sector contributes an estimated $1350 million to the economy annually. • More than 13,000 international companies are registered in Bermuda • 2,000 insurance companies registered with assets in excess of $230 billion • 1,400 investment schemes registered with net assets in excess of $60 billion
BERMUDA FACTS • Bermuda is one of the more densely populated countries with 68,500 people living in just 20.75 square miles • Bermuda is the oldest of the British crown colonies with representative government being introduced in 1620. It is now self governing, however, the UK remains responsible for defence and foreign affairs. • Bermuda has unique connections with the USA in history, commerce, culture, education, tourism and trade. 82% of all tourists and business visitors and more than 70% of all imports come from America • The Bermuda dollar is on par with the US dollar and the two currencies are used interchangeably on the island.