Bermuda

Bermuda is a British overseas territory in the North Atlantic Ocean. It is an archipelago made up of 181 islands, with a tropical climate – meaning mild winters and warm summers.

It is a self-governing parliamentary democracy, with its parliament located in the capital, Hamilton. The House of Assembly dates back to 1620 and is one of the oldest parliaments in the world. A referendum on independence was held in 1995, in which a large majority voted against becoming independent.

Banking and other financial services account for around 85% of Bermuda’s GDP, while tourism is the second largest industry at around 5%. The standard of living is high, and Bermuda has one of the highest GDPs per capita in the world.

Population: Approx.  64,000
Currency: Bermuda Dollar (BMD)
Area: 54 km² 
IIGA Member since: 2001