The economy of The Bahamas is that of a stable, developing nation heavily dependent on tourism and offshore banking.
Nassau is the capital, largest city, and commercial centre of the Commonwealth of the Bahamas. Nassau has nearly 80 percent of the entire population of The Bahamas. The city is located on the island of New Providence, which functions much like a federal district. While there is no local government, it is governed directly as an administrative division of the national government.
Nassau has an overall cost of living index which equates it with high cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups.
The latest cost of living rank for each of the 13 Basket Groups is now available.
Read More
Embark on a journey with Xpatulator, your guide to mastering global living standards. Explore the intricacies of relocating with our insights on cost of living, quality of life, and the unique challenges faced when moving across borders. Our calculators offer essential data for over 780 destinations worldwide, helping you navigate cost-of-living comparisons, purchasing power parity, and tailor international packages. Perfect for those seeking to balance lifestyle and expenses in new locations.
True enough, there are many countries that provide quality monetary service to businessmen by means of offshore bank. Bahamas which is popular for their beautiful beaches and their serene weather condition is one of them. Bahamas, in fact houses one of the well-known offshore banks in the world.
ReplyDelete