Fairway Management is one of the oldest and most respected management companies in Bermuda, the world's quality offshore jurisdiction. We have a wealth of experience in serving the international business industry.

Fairway provides management, administrative and representational services to a broad-based international clientele. Serviced office accommodation is also available.

Fairway Management (Bermuda) Limited

P. O. Box HM 1154
10 Queen Street
Hamilton HM EX
Bermuda

Phone (441) 292 - 8822
Fax (441) 292 - 6140

E-mail:

info@fairway.bm

 

About Bermuda

Introduction

Bermuda is located in the Atlantic Ocean about 650 miles due east of Cape Hatteras, North Carolina. It is the northern-most series of islands with coral reefs. Total population is a little under 60,000.

The island is blessed with some of the most beautiful beaches in the world and no matter where you are in Bermuda, you are never more than half a mile from the shore.

The Weather

Waters around the island are warmed by the Gulf Stream, which also contributes to the pleasant sub-tropical climate. Temperatures in high summer rarely rise above 90F (32C) or fall below 65F (16C) during the daytime in winter. In fact, many of the islands hotels offer visitors a 10% discount if the daytime temperature falls below 68F on any day between January and March. There is no rainy season in Bermuda; monthly rainfall averages between 3.5 and 4.0 inches.

Getting To Bermuda

The island is well served by international air carriers and is easily reached from North America and Europe. British Airways flies directly from London (7 hours) on most days of the week and there are daily flights from New York (2 hours), Boston (2 hours), Atlanta (3 hours), Baltimore (2 hours), Newark (2 hours), Philadelphia (2 hours), and Toronto (3 hours).

Government

Bermuda is a British Crown Colony. Representative government was introduced to the island in 1620 and has remained ever since. The Bermuda Constitution was passed by the Bermuda Parliament in 1968. This provides for internal self-government, with responsibility for external affairs, defense, the police and internal security resting with the Governor. The Governor is appointed by the Crown.

There are two main political parties in Bermuda, the Progressive Labour Party (PLP) and the United Bermuda Party (UBP). The PLP has been the ruling party since the General Election of November1998.

The Economy

The economy of Bermuda is built upon the twin pillars of international business and tourism. At the end of 1998, more than 8,500 international companies were registered in Bermuda, including 75% of the Fortune 100 group and their British and European equivalents.

An average of more than 500,000 tourists visit the island annually, with the high season stretching from May to October.