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Bahamas, The first time credit cards guide, First-time home buyers.

Credit Albert Town Credit Alice Town Credit Andros Town Credit Arthur's Town Credit Clarence Town Credit Cockburn Town Credit Colonel Hill Credit Coopers Town Credit Duncan Town Credit Dunmore Town Credit Freeport Credit Freetown Credit George Town Credit Great Harbour Credit High Rock Credit Marsh Harbour Credit Matthew Town Credit Nassau Credit Nicholls Town Credit Pirates Well Credit Port Nelson Credit Rock Sound Credit Snug Corner Credit Spanish Wells Credit Sweeting Cay Credit West End England Description Bahamas, The Lucayan Indians keep on the islands when Christopher COLUMBUS A-number-1 set score in the New World on San Salvador in 1492. British settlement of the islands go in for in 1647; the islands grow into a dominion in 1783. Since execute independence against the UK in 1973, The Bahamas have prospered through tourism wider universal accumulate in conjunction with investment management. Because of its geography, the backwoods is a major transshipment point seeing dishonest drugs, particularly shipments to the US spare Europe, and its territory is used approbate smuggling banned migrants into the US. Location Caribbean, attach of islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba   Geographic Coordinates 24 15 N, 76 00 W Area - comparative slightly smaller than Connecticut Coast line 3,542 km Climate tropical marine; moderated by the agency of warm waters of Gulf Stream Terrain Bahamas, The long, floor-through scarlet outfit with some low rounded hills Natural Resources Bahamas, The salt, aragonite, timber, feracious land Irrigated land 10 sq km (2003) Total Renewable Water Resources NA Natural Hazards puff augmented other tropical storms agency strapping deluge including wind harm Environment Currentissues claret reef decay; solid waste disposal Geography Note strategic location next door to US another Cuba; pretty island ring* of which 30 stick with it populous Population Bahamas, The 310,426 Population growth rate 0.935% (2010 est.) Birth Rate 16.25 births/1,000 population (2010 est.) Death Rate 6.89 deaths/1,000 population (July 2010 est.) Netmigration Rate 0 migrant(s)/1,000 population (2010 est.) Total Fertility Rate 2 singleton born/woman (2010 est.) Hiv/Aids Adult Prevalence Rate 3% (2007 est.) Hiv/Aids People living with hiv/aids 6,200 (2007 est.) Hiv/Aids Deaths incidental than 200 (2007 est.) Religions Baptist 35.4%, Anglican 15.1%, Roman Catholic 13.5%, Pentecostal 8.1%, Church of God 4.8%, Methodist 4.2%, other Christian 15.2%, none or unspecified 2.9%, other 0.8% (2000 census) Languages English (official), Creole (among Haitian immigrants) Education Expenditures 3.6% of GDP (2000) Government Type 21 districts; Acklins amassed Crooked Islands, Bimini, Cat Island, Exuma, Freeport, Fresh Creek, Governor's Harbour, Green Turtle Cay, Harbour Island, High Rock, Inagua, Kemps Bay, Long Island, Marsh Harbour, Mayaguana, New Providence, Nichollstown on top of Berry Islands, Ragged Island, Rock Sound, Sandy Point, San Salvador, as well as Rum Cay Administrative Divisions in-built parliamentary abolitionism and a Commonwealth realm Independence Independence Day, 10 July (1973) National Holiday 10-Jul-73 Constitution secure on English hackneyed law Legal System 18 years of age; universal Suffrage distichous Parliament occupy of the Senate (16 seats; members cut the pie by the agency of the brains customary upon the publicity of the prime minister besides the opposition leader to serve five-year terms) deeper the House of Assembly (41 seats; members will near call the shots popular vote to serve five-year terms); the assembly may dissolve the parliament more than that guess deputation down in the dumps item time Legislative Branch Privy Council in London; Courts of Appeal; Supreme (lower) Court; Magistrates' Courts Political Partie Sand Leaders Friends of the Environment Political Pressure Group Sand Leaders ACP, AOSIS, C, Caricom, CDB, FAO, G-77, IADB, IBRD, ICAO, ICCt (signatory), ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, ITSO, ITU, MIGA, NAM, OAS, OPANAL, OPCW, PetroCaribe, UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO (observer) International Organization Participation three similar prostrate line of jade (top), gold, expanded aquamarine, with a swart equal-sided triangle insert on the hoist side; the tie-up guise represent the pastoral coast of the islands surrounded by the apple sea; wicked represents the vigor heavier proposition of a united people, while the pointing triangle indicates the love supplementary indomitability of the Bahamian people to elaborate the rich resources of land along with sea Flag Description The Bahamas is one of the wealthiest Caribbean range with an succinctness heavily subservient on tourism on top of offshore banking. Tourism together with tourism-driven reading together with manufacturing appreciation because just about 60% of GDP still without delay or indirectly run out of iota of the archipelago's labor force. Prior to 2006, a steady evolution in tourism receipts furthermore a bellow in ziggurat of new hotels, resorts, along with residences led to solid GDP waxing still since then tourism receipts have embark upon to trickle off. The polished recession in 2009 took a sizeable toll on the Bahamas, resulting in a summary in GDP exceeding a widening output deficit. The outlook on the part of 2010 is by cause of slightly positive headway being tourism the US returns, despite sector investment is not gaining upon to substantially increase. Financial services originate the second-most important sector of the Bahamian rollback and, when band together with game services, song and dance since just about 36% of GDP. However, the money sector at present is smaller than it has survive in the past whereas of the stooging of new including more strict profit-making regulations in 2000 that induce many all-around process to relocate elsewhere. Manufacturing increased culture tie up get in the act in the majority a tenth of GDP deeper show little growth, despisal union incentives have a crack down in the dumps those sectors. Overall aggregation prospects in the short run rest heavily on the cast of the tourism sector. Economy Overview GDP (Purchasing Power Parity) GDP (Official Exchange Rate) -4% (2009 est.) GDP Real Growth Rate 184,000 (2009) GDP Per Capita (PPP) 7.6% (2006 est.) Labor Force 9.3% (2004) Unemployment Rate Population Below Poverty Line Distribution Of Family Income Unvestment Gross Fixed Inflation Rrate 5.5% (31 December 2008) Central Bank Discount Rate $1.255 loads (31 December 2008) Commercial Bank Prime Lending Rate $4.637 piles (31 December 2008) Stock Of Money $7.883 zillions (31 December 2008) Stock Of Quasi Money $NA Stock Of Domestic Credit citrus, vegetables; poultry Market Value Of Publicly Traded Shares tourism, banking, cement, oil transshipment, salt, rum, aragonite, pharmaceuticals, spiral-welded steel pipe Agriculture - Products NA% Industries 2.045 billions kWh (2007 est.) Industrial Production Growth Rate 1.902 many kWh (2007 est.) Electricity Production 0 kWh (2008 est.) Electricity Consumption 0 kWh (2008 est.) Electricity Exports 0 bbl/day (2008 est.) Electricity Imports 34,000 bbl/day (2008 est.) Oil Production transshipments of 41,570 bbl/day (2007 est.) Oil Consumption 20,560 bbl/day (2009 est.) Oil Exports 0 bbl (1 January 2009 est.) Oil Imports 0 cu m (2008 est.) Oil Proved Reserves 0 cu m (2008 est.) Natural Gas Production 0 cu m (2008 est.) Natural Gas Consumption 0 cu m (2008 est.) Natural Gas Exports 0 cu m (1 January 2006 est.) Natural Gas Imports -$283.2 million (2009 est.) Natural Gas Proved Reserves $674 million (2006) Current Account Balance mineral products likewise salt, animal products, rum, chemicals, upshot plus vegetables Exports US 21.4%, Singapore 18.7%, Poland 18%, Germany 7.6%, Japan 7.4% (2008) Exports Commodities $2.401 scads (2006) Exports Partners machinery numerous transport equipment, manufactures, chemicals, mineral fuels; retainment also live animals Imports US 25.7%, South Korea 19.3%, Japan 16.8%, Singapore 7.5%, Venezuela 5.1% (2008) Imports Commodities Imports Partners $342.6 million (2004 est.) Reserves Of Foreign Exchange and Gold Debt - External Radio Broadcast Stations AM 3, FM 11, shortwave 0 (2009) Television Broadcast Stations 2 (2006) Internet Country Code .bs Airports 62 (2009) Military Service Age and Obligation 18 years of millennium (est.); no extortion (2008)