Geographical Area: group of 700 Islands and nearly 2,500 small islets or cays. Approximately 30 of these Islands are inhabited with two major population centers, Nassau, located on New ProvidenceIsland and Freeport, located on Grand Bahama
Island
Terrain and Climate: tropical maritime climate, generally year-round good weather between 70 degrees to 92 degrees
Population: 305,655 (July 2007 est.)
Ethnicity: Black 85%, Caucasian 12%
Capital:
Nassau
Government: The Bahamas is a member of the
British Commonwealth and has a constitutional multi-party parliamentary democracy.
Major Languages: Colorful local English, Creole and French
Major Religion: Christian, Baptist and Roman Catholic
Life Expectancy: 65.66 years
Monetary Unit: Bahamian and
U.S. dollars are approximately equivalency (1 $B = 1 $US)
Exchange Controls and Taxation: Yes on citizens, but n8[o income, corporate tax, capital gains or inheritance tax
Stamp Tax – 7% on businesses imports of any kind
Main Exports: Fish and crawfish; rum, salt, chemicals; fruit and vegetables
Compulsory Education: Compulsory to the age of 16, suffrage 18 years of age
GDP: US $6.1 billion (2005)
Annual Growth Rate: 2.9%
Major Industry: Tourism
Communication: Owned and Monitored by Government, considered good, broadband and VOIP generally best choices, internet - .bs
International dialing code: +1 - 242
Known as “tax-haven” for qualified residents
Number of Banks: 425
Head of State: Hubert Ingraham, Nominal Chief of State – Queen Elizabeth II
Press:
Radio: AM 3, FM 5,
Television: 2 Major Stations
Time Zone: EST, GMT -5 (GMT -4 from first Sunday in April till last Sunday in October).
Airport: Six Major Airports
Bank List
Bahamas
Full Name: Commonwealth of The Bahamas
GeographicalArea: group of 700 Islands and nearly 2,500 small islets or cays. Approximately 30 of these Islands are inhabited with two major population centers, Nassau, located on New ProvidenceIsland and Freeport, located on Grand BahamaIsland
Terrain and Climate: tropical maritime climate, generally year-round good weather between 70 degrees to 92 degrees
Population: 305,655 (July 2007 est.)
Ethnicity: Black 85%, Caucasian 12%
Capital: Nassau
Government: The Bahamas is a member of the British Commonwealth and has a constitutional multi-party parliamentary democracy.
Major Languages: Colorful local English, Creole and French
Major Religion: Christian, Baptist and Roman Catholic
Life Expectancy: 65.66 years
Monetary Unit: Bahamian and U.S. dollars are approximately equivalency (1 $B = 1 $US)
Exchange Controls and Taxation: Yes on citizens, but n8[o income, corporate tax, capital gains or inheritance tax
Stamp Tax – 7% on businesses imports of any kind
Main Exports: Fish and crawfish; rum, salt, chemicals; fruit and vegetables
Compulsory Education: Compulsory to the age of 16, suffrage 18 years of age
GDP: US $6.1 billion (2005)
Annual Growth Rate: 2.9%
Major Industry: Tourism
Communication: Owned and Monitored by Government, considered good, broadband and VOIP generally best choices, internet - .bs
International dialing code: +1 - 242
Known as “tax-haven” for qualified residents
Number of Banks: 425
Head of State:Hubert Ingraham, Nominal Chief of State – Queen Elizabeth II
Press:
Radio: AM 3, FM 5,
Television: 2 Major Stations
Time Zone: EST, GMT -5 (GMT -4 from first Sunday in April till last Sunday in October).
Airport: Six Major Airports
Bank List
·British American Bank
·Bank of the Bahamas
·Barclay's Bank PLC
·Citibank N.A.
·Commonwealth Bank Ltd.
·Scotiabank Bahamas Limited
·The Canadian Imperial Bank of Commerce (CIBC) Bahamas Limited
