The Bahamas is an archipelago of over 700 islands and 2,400 cays in the Atlantic Ocean, southeast of the U.S. state of Florida and north of Cuba. Only about 30 of the islands are inhabited, with the capital, Nassau, located on New Providence Island, which holds most of the population. The country is known for its white sand beaches, coral reefs, and a subtropical climate, attracting millions of tourists annually for its natural beauty and as a major center for offshore finance.