The Bahamas

The Bahamas is a chain of islands in the North Atlantic Ocean, southeast of Florida and northeast of Cuba, featuring long, flat coral formations with some low rounded hills. The climate is tropical marine, moderated by the warm waters of the Gulf Stream. Nassau serves as the capital, and The Bahamas has a population of approximately 415,306 people who speak English and Creole.

The Bahamas has a high-income tourism and financial services economy with major income inequality and strong bilateral relations with the United States. Key industries include tourism, banking, oil bunkering, maritime industries, transshipment and logistics, salt, aragonite, and pharmaceuticals. The country’s natural resources include salt, aragonite, timber, and arable land. The government has implemented several tax relief programs and is targeting investment in agriculture, energy, light manufacturing, and technology industries.