Britain still holds a number of overseas territories – and one of them happens to be a small, beautiful island that’s also among the wealthiest places on Earth. These territories are parts of the former British Empire that have not gained independence and remain under UK sovereignty, though most govern themselves.
One of them is Bermuda, which is located around 3,455 miles from London. It’s made up of more than 150 islands and islets in the western Atlantic Ocean. Despite its small size (54.35 square kilometres), Bermuda is home to over 64,000 people and has a population density of more than 1,100 per square kilometre, according to the UK Overseas Territories Association.
Bermuda is a stunning holiday destination and has pink sand beaches, crystal-clear waters and pastel-coloured houses. But it also happens to be one of the richest places in the world.
According to the World Population Review, Bermuda has one of the highest GDPs per capita in the world, reaching up to $116,746 (£86,000).
It’s been ranked as the fourth-wealthiest country globally by the UN and the richest among British Caribbean territories.
Much of Bermuda’s wealth comes from offshore finance and insurance. The island is also popular with tourists, attracting over 500,000 visitors a year, many from North America, the UK Overseas Territories Association says.
Despite being located more than 700 miles north of the Caribbean, Bermuda often gets mistaken for a Caribbean island.
Travel experts at Tropical Sky say it has a mix of British, American and Caribbean influences, with English-style pubs, red Royal Mail post boxes and even the late Queen Elizabeth’s face on local currency.
Among many things, tourists are drawn to Bermuda’s laid-back lifestyle and stunning landscapes.
Horseshoe Bay is one of the most famous beaches and is known for its soft pink sand and calm waters.
Another popular spot is Tobacco Bay, near the historic town of St George, where snorkelling and limestone rock formations draw in visitors.
The capital of Bermuda is also worth visiting. It’s called Hamilton and has been described as a colourful city full of shops, cafes and historic buildings.
Visitors can also see the Crystal Caves, which have underground lakes and floating walkways, or climb Gibbs Hill Lighthouse for views over the entire island.
Bermuda is also a fantastic place for history lovers. It was first discovered by Spanish explorer Juan de Bermúdez in 1505 and later settled by the English in 1609 after the Sea Venture shipwrecked on the island during a voyage to Virginia.
The event is even said to have inspired Shakespeare’s play “The Tempest,” according to the UK Overseas Territories Association.
As the oldest British Overseas Territory, Bermuda still has strong ties to the UK. It’s self-governing but remains under the British crown, with King Charles III as Head of State.
