The archipelago of the Bahamas is situated between Florida and Cuba, in the Atlantic Ocean. Out of the hundreds of islands, just 30 of them are inhabited. Many expats who relocate to the Bahamas decide to move to New Providence Island, where around two-thirds of the population resides.
As an ex-British colony, the Bahamas is currently part of the commonwealth countries and has Queen Elizabeth as the state head. It is, however, legislatively independent and has the bicameral Parliament, which is influenced by its Westminster system.
The Bahamas has a history of more than 250 years of stable democracy in parliamentary form, and a government committed to preserving its position as a premier international financial center. It has a sound legal system based on the British legal system of common law and equity, backed by vast modern legislation.
The Bahamas boasts an advanced financial, professional, and banking infrastructure, with more than 400 banks and trust firms. Tourism is another significant economic driver and contributes over 60% of the country's GDP.
Aside from tourism, the region’s e-commerce sector is growing each year and the government has starting encouraging people to invest in the sector.