Cayman Islands, island group and overseas territory of the uk within the Caribbean, comprising the islands of Grand Cayman, Little Cayman, and Cayman Brac, situated about 180 miles (290 km) northwest of Jamaica. The islands are the outcroppings of a submarine range that extends northeastward from Belize to Cuba. The capital is George Town, on Grand Cayman. the charming Cayman Islands still be a coveted Caribbean getaway for both adventure- and relaxation-seeking travelers. Coral reefs and shipwrecks call to divers because the rum punch calls to the beach bums. Honeymooners hike through the 200-year-old Mastic Trail while parents take their children for interactive swims at Stingray City. Whichever way you select to mellow, the Cayman Islands can oblige. The Cayman Islands are an archipelago of three islands that sit 150 miles south of Cuba. the most important, Grand Cayman, is filled with gargantuan resorts with all-inclusive options. Meanwhile, the less-traveled Cayman Brac and tiny Cayman boast a number of the simplest diving within the Caribbean.
You will be amazed to understand that there are more businesses than folks that are registered in Cayman Island. The island features a stable economic and political climate for starting a business in the Cayman Islands. you’ll get to experience Cayman Island’s modern infrastructure, easy exchange controls and communication systems so good that they will be compared with any within the world. In Cayman Island, there’s a responsive and business friendly government, a really lucrative environment for business, and a sound system that creates it one among the simplest places within the world for fixing your business.
International finance has become a serious component of the economy. The Cayman Islands are renowned as an offshore banking center, due to the absence of direct taxes and to liberal banking laws that generally ensure confidential transactions. Many banks and trust companies, including most of the world’s 50 largest banks, are registered within the Caymans, making the islands one among the most important financial centers within the world. Revenue paid by registered businesses contributes considerably to the govt budget. there’s a shortage of labor, and far of the workforce is formed from immigrants on tightly controlled work permits.