Found just to the south of Cuba and to the north west of Jamaica, the grand cayman island resort rank as being the 5th largest offshore banking centre worldwide. Ever since the 1960s these islands have become to one of the most popular scuba-diving destinations in the World. They boast spectacular underwater walls, caverns and reefs. Despite as being a British Overseas Territory, many of the tourists are Americans. It is actually only around 90 minutes flying time from Florida. Featuring its short flying efforts and English since the official language, plus a low crime rate, it can be no surprise that 1000s of Americans have a Cayman Islands holiday every year.
Once you have blown off course while sailing between Panama and Hispaniola (the area shared by Haiti and the Dominican Republic) in 1503 Christopher Columbus accidentally discovered smaller a pair of three of the island that now make up the Cayman Islands. Since there was actually a high concentration of turtles on these islands, Columbus called them ‘Las Tortugas’, that is Spanish for turtle. These islands are known as Cayman Brac and Little Cayman.
The name didn’t last as when Sir Francis Drake sailed through, he renamed them after another animal, the now extinct caimans (relevant to crocodiles). The Islands became a part of 15dexrpky British Empire in 1670 beneath the Treaty of Madrid. The Cayman Islands where then governed like a Jamaican dependency until 1962 when Jamaica became an unbiased country. The Cayman Islands chose to remain like a British Colony.
The old sea based industries for example fishing and working about merchant ships happen to be replaced by finance and tourism as being the major providers for your Cayman economy, with a lot of locals and expats employed in one or maybe the other.