The Cayman Islands consists of three islands: Grand Cayman, Cayman Brac and Little Cayman. The two main sectors of the economy are financial services and tourism, but other areas such as property development and construction sectors also play an important role in the local economy.
There is a good range of property available for purchase, including beach front condominiums, waterfront homes and inland residences and no restrictions on foreign ownership of property.
The Islands are consistently ranked along the world’s top snorkeling and diving destinations as a result of clean and safe surroundings and a superb marine environment. In recent times the Islands have firmly established themselves as the culinary capital of the Caribbean, with an enormous variety of restaurants catering to just about every cuisine, taste and budget.
In addition, the Cayman Islands is supported by a well-developed, modern infrastructure. The jurisdiction is a sophisticated international financial services centre with a wide array of service providers and high quality professional expertise. Unlike many offshore centres, Cayman has been in a unique position as having led in multiple sectors of the financial services industry simultaneously, in the areas of banking, investment funds, captive insurance and special purpose financing. Many of the world’s top industry practitioners work in the Cayman Islands.