About The Bahamas | About The Bahamas |
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Most of the 50,000 population are Bahamian. However, there is an ex-patriate population from the Caribbean, Canada, USA and Europe. The island is sparsely populated with greatest concentration of residences in the Freeport, Lucaya, Eight Mile Rock and West End areas. The island has good amenities and a relaxed environment to enjoy them in. Tourism plays a significant part in the economics of the island. This is accomplished by various industries and service-sector sources of employment (banking, healthcare, etc). The island was under-developed until major reconstruction began in the 1950s and 1960s. An enterprise called the Grand Bahama Port Authority was given license to develop a large portion of the island. This has been an ongoing process and the Port Authority has a significant influence over a large part of life on the island. Because there is no income tax in the Bahamas many come to shelter from heavier tax regimes throughout the world. The Government generates revenue through taxation on imports. Nearly all goods incur duty and stamp tax upon entry to the country. Like other Bahamian islands, Grand Bahama is well known for its beaches, turquoise sea and marine life. These can be fully enjoyed throughout the year because of the pleasant climate. The average temperature listed for winter through summer months is 71-82 degrees fahrenheit. In summer, the coastal sea water temperature is 84 degrees. The culture is Caribbean and the Christian heritage is still prominent in society. The Constitution of the Bahamas specifically states that the nation shall adhere to Christian values. Churches are plentiful on the island. Many are Pentecostal in theology and style of worship. The established mainstream churches also have a presence (Anglican, Methodist and Roman Catholic). |
