Friday, 23 July 2021 - 11:00 am (CET/MEZ) Berlin | Author/Destination: Great Britain / Großbritannien Category/Kategorie: GeneralReading Time: 4minutes
The City of Hamilton, in Pembroke Parish, is the territorial capital of the British Overseas Territory of Bermuda. It is the territory’s financial centre and a major port and tourist destination. Its population of 854 (2016) is one of the smallest of any capital cities. According to Numbeo, Hamilton, Bermuda holds the record for the highest cost of living index in the world with the cost of living rate in Hamilton being at 147.42 as of 2021.
Hamilton is located on the north side of Hamilton Harbour, and is Bermuda’s main port. Although there is a parish of the same name, the city of Hamilton is in the parish of Pembroke. The city is named after Sir Henry Hamilton, governor of the territory from 1786 to 1793. Hamilton Parish antedates the city. The administrative capital of Bermuda, Hamilton, has a limited permanent population around 854 (2016); however in 2010, 13,340 (40% of Bermuda’s working population) worked here on a daily basis. The only incorporated city in Bermuda, Hamilton is smaller than the historic town of St. George’s. A more representative measure of Bermuda’s local residential populations tends to be by parish.
As the offshore domicile of many foreign companies, Bermuda has a highly developed international business economy; it is an exporter of financial services, primarily insurance, reinsurance, investment funds, and special-purpose vehicles. Finance and international business constitute the largest sector of Bermuda’s economy, and virtually all of this business takes place within the borders of Hamilton.
The history of Hamilton as a British city began in 1790 when the government of Bermuda set aside 145 acres (59 ha) for its future seat, officially incorporated in 1793 by an Act of Parliament, and named for GovernorHenry Hamilton. The colony’s capital relocated to Hamilton from St George’s in 1815. The city has been at the political and military heart of Bermuda ever since. Government buildings include the parliament building, the Government House to the north, the former Admiralty House of the Royal Navy to the west (both in Pembroke), and the British Armygarrison headquarters at Prospect Camp to its east.
The Town of Hamilton became a city in 1897, ahead of the consecration in 1911 of the Cathedral of the Most Holy Trinity (Church of England), which was under construction at the time. A Catholic cathedral, St. Theresa’s, was later constructed. Today, the city overlooking Hamilton Harbour is primarily a business district, with few structures other than office buildings and shops. The City of Hamilton has long maintained a building height and view limit, which states that no buildings may obscure the cathedral. In the 21st century, buildings have been planned and some are under construction that are as high as ten storeys in the area. Bermuda’s local newspaper, The Royal Gazette, reports, “If you don’t recognise the city, from 15 years ago, we don’t blame you as it has changed so much”.