Who owns Bermuda?
Who owns Bermuda? Bermuda is an internally self-governing British overseas territory with a parliamentary government. Under its 1968 constitution, the British monarch, represented by the governor, is the head of state.
Is Bermuda very expensive?
Bermuda has again topped an international list of most expensive places to live. In an article by the UK newspaper The Independent , Bermuda came first in a list of the 21 most expensive places in the world, beating New York, Switzerland and Hong Kong.
Why is Bermuda so rich?
Bermuda now has the fourth highest per capita incomes in the world, primarily fueled by offshore financial services for non-resident firms, especially offshore insurance and reinsurance, and tourism.