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Home -freeport bahamas Bahamas freeport bahamasThe Commonwealth of The Bahamas is an independent English-speaking nation in the West Indies. An archipelago of 700 islands and cays (which are small islands), the Bahamas is located in the Atlantic Ocean, east of Florida in the United States, north of Cuba and the rest of the Caribbean, and west of the British dependency of the Turks and Caicos Islands. The largest island of the Bahamas is Andros, in the west. The island of New Providence, east of Andros, is the site of the capital city Nassau and home to about two-thirds of the total population. Other important islands are Grand Bahama in the north and Inagua in the south.
Most of the islands - coral formations - are relatively flat, with some low rounded hills, the highest of which is Mount Alvernia, on Cat Island, at 63 m. The local climate is tropical, moderated by the warm waters of the Gulf Stream, with frequent hurricanes and tropical storms from May until October. The Bahamas is a stable, developing nation with an economy heavily dependent on tourism and offshore banking. Tourism alone accounts for more than 60% of GDP and directly or indirectly employs almost half of the archipelago's labour force. Steady growth in tourism receipts and a boom in construction of new hotels, resorts, and residences have led to solid GDP growth in recent years.
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