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Get to Know About Saint Barthelemy
Saint Barthelemy is a foreign collectivity of France in the Caribbean. The island sits almost 35 km southeast of the Dutch-owned Sint Maarten and northeast of the Dutch islands of Saba, Sint Eustatius, and the sovereign country of Saint Kitts and Nevis. The capital city is in Gustavia.
The natives of Saint Barthelemy are very discreet, and English is the most commonly spoken language. Anyway, French is the official one. Creole is spoken in the windward part of the island. The population of Saint Barthelemy is estimated to be around 9,625.
Saint Barthelemy’s economy is predominately upon high-end tourism and duty-free luxury commerce aiding visitors largely in North America. However, the high cost of living and its relative isolation inhibits mass tourism. The tourism sector plays a big role in offering employment opportunities attracting labor from Brazil and Portugal. Doing business in Saint Barthelemy is prominently gaining traction occasioned by the diversification in the construction industry. Again, the growth of the banking sector is a sign of renewed optimism of both local and foreign entrepreneurs. If you’re planning to invest in Saint Barthelemy, you may plunge in the hospitality sector or handicraft industry exporting some of the woven hats and bags from the indigenous people. Though it’s a small island with a small economy, doing business in Saint Barthelemy is pulsating from the hospitability of the people, business environment and the well- established tourism sector.