Top 10 Richest Caribbean Countries

Rich Caribbean nations have drawn High-net-worth individuals (HNWI) and millionaires like a magnet. The richest and wealthiest islands in the Caribbean include Bermuda, Cayman, and British Virgin Islands. These are the Caribbean nations with the highest GDP per capita income. Thanks for watching, please subscribe for more informative videos. #1. Bermuda With a population of 71,000, Bermuda has the greatest population and highest GDP per capita of all the British overseas territories. Tourism and offshore insurance are Bermuda's two major economic sectors. There are 181 islands in Bermuda, the largest of which is Main Island, also known as Bermuda. Eight of the bigger islands, which are the populous islands, are connected by bridges. #2. Cayman Islands British overseas territory Cayman Islands is regarded as one of the largest offshore financial havens in the world for multinational corporations and numerous rich people. With a mix of 100 nations and cultures, the islands are home to 64,000 people and are the second-richest British territory in terms of per capita income. #3. US Virgin Islands With a population of 104,000, the US Virgin Islands, or Virgin Islands of the United States, are a collection of islands in the Caribbean 40 miles off the coast of Puerto Rico. The three largest islands in the US Virgin Islands—Saint Croix, Saint John, and Saint Thomas—as well as numerous ancillary small islands make up the territory. #4. British Virgin Islands A British Overseas Territory in the Caribbean to the east of Puerto Rico are the British Virgin Islands (BVI), also known as the "Virgin Islands." Four bigger islands—Virgin Gorda, Tortola, Jost Van Dyke, and Anegada—as well as 32 smaller ones make up the British Virgin Islands (BVI). Although the word "British" is frequently used, the region is still officially known as the "Virgin Islands." USD is the used currency. #5. Bahamas After the United States and Canada, The Bahamas is one of the richest nations in the Americas, having a financial and tourism-based economy. The Bahamas, which has more than 700 islands, cays, and islets in the Atlantic Ocean and is north of Cuba, has 400,000 residents and a $12 billion GDP. #6. Anguilla There are 15,000 people living in Anguilla, a British overseas territory in the Caribbean.The US dollar is also frequently accepted in addition to the island's official currency, the East Caribbean dollar. The main industries are tourism, offshore banking, captive insurance, offshore company creation, and management. #7. Turks and Caicos Islands There are 23,000 people living on the Turks and Caicos islands, a British overseas territory (BOT).The US dollar is the main currency, and the nation relies heavily on tourism and is a significant offshore financial hub. The Turks and Caicos Islands participate in the Caribbean Development Bank, are a member of the Universal Postal Union, are affiliated with CARICOM, and run an Interpol sub-bureau. #8. St Martin The two territories of Saint-Martin (on the French side) and Sint Maarten are referred to as St Martin together (dutch side). The Anguilla Channel divides the island from the British overseas territory, which is to the south. With almost a million tourists each year, tourism is the island's primary sector. Tourism accounted for around 85% of the labor force. #9. St Kitts and Nevis The first British and French colonies in the Caribbean were established on Saint Kitts, earning it the nickname "The Mother Colony of the West Indies." In terms of both size (261 km2) and population, St. Kitts and Nevis is the Western Hemisphere's tiniest sovereign state (55,000). #10. Barbados With a population of just under 300,000 and a GDP of $5.3 billion, Barbados is an island nation in the Caribbean region of North America's Lesser Antilles of the West Indies.