Bermuda Online

Amongst the trove of information published at Bermuda Online there's a long list of world leaders and executives that live and play on this wondrous island. Have a read the A list of rich and famous of Bermuda. Although absent from the list was Patrick Rafter, two-time U.S. Open Tennis Champion and Wimbledon runner-up.

Other interesting facts about Bermuda is the British influence, considering that the nation is only 600 miles away from the east coast of America, also that the country is a self-governing British Overseas Territory with its own laws, which you probably knew but you may not have known that Bermuda is the fourth oldest of all countries, islands and territories in the British Commonwealth of Nations after England, Scotland, Northern Ireland, Wales and Canada.

Bermuda is the business jurisdiction for many international or exempted limited liability companies or corporations. Bermuda is also a popular location for registering hedge funds as its legislation allows the flexibility needed by this type of fund. Most are aimed at either high net worth individual investors or institutional investors. However, because Bermuda remains a British Overseas Territory, they are ultimately under the thumb of London and its pressures to crack privacy. For that reason, we don't recommend them as a banking haven.