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The economy of other islands in the Atlantic

Tourism is the main income of all the islands in the Atlantic. Bermuda also has, like some of the Caribbean islands, an off shore banking or tax haven advantage for some.

The majority of the islands have very little in terms of agricultural growing capability.

The Azores, are a territory of Portugal and administered by 3 regional councils. Bermuda is still a self administering British colony at this time, but likely at some time to become fully independent. The economies of both Bermuda and at least some of the Azores islands will benefit from this development. Focusing on recreation in the Atlantic will also benefit all other recreational islands in the Atlantic and Caribbean.

You will find far more information and links in sections about the Azores and Bermuda under location if you have difficulty finding this see the contents page button on the very top of this page.

The New Kingdoms economy

Tourism, in the form of resort complexes, and business conferences/exhibitions will be the major industry. The formation of a new route where more people can both cruise and sail across the Atlantic will open up new forms of tourism, cruise ships are one of the fastest growing recreational industries over the last few years and will continue to develop.

The capability to land full sized planes in the center of the Atlantic will also allow cruises to be joined or left mid way across. In addition to making an exciting place to visit. More recreational sailors will also feel they can now cross the Atlantic at better times of the year. With the addition of two smaller harbors, and landing strips between (Atlantis 2 and 3), it will be within the capabilities of many more sailors and pilots of smaller planes. Another in-between point may be needed between Portugal and the Azores, as this will be the largest step left, and we will be discussing at some time, with the various authorities on the Azores, to see if they see this to be a project they could undertake or should be another part of our project. This could be little more than a ship providing support. 

The tourist economies of the Azores and Bermuda will also benefit from these developments. 

Science has to be a major feature both from the tourism perspective and development, with so many new areas to develop and explain. 

We see it as a good business center roughly equal distance from Europe and North America, a natural meeting place, and for the international banking world, and individuals an ideal site to deal in stock markets in Europe and the USA.

The development is being based on the basis of a zero income tax economy, so will become a home and place to enjoy for those with large amounts to spend in the local economy.

The e-economy we also see as a major feature and we have already been very involved in many developments with the internet and developing new skills and markets.

Skills developed within the new kingdom such as power generation from the sea, and many more will be transferred to other economies, and open up new industries, other examples would be water purification and self powered pumping systems, waste disposal, structures. Eventually we would envisage many of the skills developed would also be used to provide facilities in low level areas as the sea takes over land, or where there is population pressure and property prices justify building out from land into the ocean. Companies developing these technologies will become the leaders in these new fields.

We see hydrogen manufacture for export as another source of revenue to the kingdom.

Bi-products from power generation, may also include large amounts of protein, and metals and minerals recovered in the process of creating electricity and fresh water. 

The process we call recovery, which is recycling and processing of all waste products could produce other exports such as forms of natural fertilizers. 


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Last updated: October 09, 2002.