<Li> For the Overseas Territories . </Li> <Li> On par with United States dollar . </Li> <P> Bermuda (/ bərˈmjuːdə /) is a British Overseas Territory in the North Atlantic Ocean . It is approximately 1,070 km (665 mi) east - southeast of Cape Hatteras, North Carolina; 1,236 km (768 mi) south of Cape Sable Island, Nova Scotia; and 1,759 km (1,093 mi) 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 . </P> <P> 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 . Recently, its economic status has been affected by the global recession . The island has a subtropical climate and lies in the hurricane belt and prone to related severe weather; however, it is somewhat protected by a coral reef that surrounds the island and its position at the north of the belt, which limits the direction and severity of approaching storms . </P>

How far is bermuda from the coast of the united states