Bermuda Bermuda Bermuda () is a British Overseas Territory in the North Atlantic Ocean. It is approximately east-southeast of Cape Hatteras, North Carolina; south of Cape Sable Island, Nova Scotia; and north of Cuba. The capital city is Hamilton. Bermuda is self-governing, with its own constitution and its own government, which enacts local laws, while the United Kingdom retains responsibility for defence and foreign relations. Bermuda's two largest economic sectors are offshore insurance and reinsurance, and tourism. Bermuda had one of the world's highest GDP per capita for most of the 20th century. The island has a subtropical climate and lies
History of Bermuda Barreiro-Meiro. Compounding the confusion is the record of a Francisco Bermudez accompanying Christopher Columbus on his first voyage, a Diego Bermudez accompanying Columbus on his fourth voyage, and Juan's brother Diego Bermudez accompanying Ponce de León in a 1513 voyage. Thus, the only clearly documented account is of Juan Bermudez visiting the island in 1515, with the implication he had discovered the island on an earlier voyage. The island was definitely on the homeward course for returning Spaniards, as they followed the Gulf Stream north followed by the Westerlies just north of Bermuda. The Spanish avoided the uninhabited island's reefs