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Just south of Jamaica, the Cayman Islands have truly grown up the past thirty years, driven by tourism and banking. The Cayman Islands rank as the world's fifth largest offshore financial centre. Bank secrecy laws make it illegal to reveal the identities of accounts owners - unless of course, shady dealings are suspected. Through the years, regulations have been severely tightened making it nearly impossible to launder cash here.
On the tourism side of development, the islands have been a scuba-diving paradise since the 1960s. The Cayman Islands, like all islands, are essentially the tips of underwater mountains, and the submerged terrain around these islands is especially dramatic. The spectacular underwater walls, caverns and healthy coral reefs have made these islands one of the world's best spots for diving and snorkelling. Add to that their virtually crime-free ambience (thanks to tight government controls and the high per-capita income enjoyed by most Caymanians) and it's easy to see why so many people choose the Cayman Islands for a Caribbean holiday.
Though people from around the world visit to scuba dive and enjoy the tropical climate, US travellers predominate. The islands are just a 90-minute flight from Miami, Florida, and being a British territory, English is the official language - making these islands a quick, convenient and easy getaway for Americans. In fact, the hotels, fast-food chains, products and many of the service industry workers hail from the US (many Canadians also work here).
Cayman Islands timeshares in
Cayman Brac,
Grand Cayman,
are Cayman Islands cities with timeshare resorts.
You can alternatively view our selection of Cayman Islands resorts. |
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