Search results
Results from the WOW.Com Content Network
The Bahamian economy is almost entirely dependent on tourism and financial services to generate foreign exchange earnings. The Gross Domestic Product (GDP) of the Bahamas is approximately $5.7 billion with tourism accounting for 50%, financial services nearly 20% and the balance spread among retail and wholesale trade, fishing, light manufacturing and agriculture. [9]
Great Inagua is the second largest island in the Bahamas at 596 sq mi (1544 km 2) and lies about 55 miles (89 kilometres) from the eastern tip of Cuba.The island is about 55 by 19 mi (89 by 31 km) in extent and mostly flat with some sand hills, the highest points being East Hill at 132 ft (40 m), Salt Pond Hill at 102 ft (31 m), and James Hill at 90 ft (27 m). [4]
In February 2004, Realogy Holdings (NYSE: RLGY), a real estate franchising and provider of real estate brokerage entered into a long-term alliance with Sotheby's, the operator of the Auction House. The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full franchise system.
The Bahamas real estate market is heating up, and some experts say 2025 could be your year to grab a piece of paradise. With construction activity up by $57 million in the first half of 2024 ...
In 1984, Groves sold the island to Peter Austin, a British millionaire. Austin transformed the property and the three houses built under Groves (Little Whale, Peacock, and Flamingo) into rented sea-view villas. [5] [3] [6] In the early 2020s, the island was listed for sale for US$35 million. [5]
The island has the world's largest collection of blue holes. [21] Geographically, North Andros is the sixth largest island in the West Indies, at roughly 6,000 km 2 (2,300 sq mi) in area and 167 km (104 mi) long and 64 km (40 mi) wide at its widest point, and the 153rd largest island on Earth.
Freeport is a city, district and free trade zone on the island of Grand Bahama of the northwest part of The Bahamas.In 1955, Wallace Groves, a Virginian financier with lumber interests in Grand Bahama, was granted 20,000 hectares (50,000 acres) of pineyard with substantial areas of swamp and scrubland by the Bahamian government with a mandate to economically develop the area.
In terms of gross domestic product per capita, the Bahamas is one of the richest countries in the Americas (following the United States and Canada), with an economy based on tourism and finance. [1] Tourism alone provides an estimated 45% of the gross domestic product (GDP) and employs about half the Bahamian workforce.