Found just to the south of Cuba and to the north west of Jamaica, the cayman island condo rank because the 5th largest offshore banking centre on the planet. Because the 1960s these islands have grown to just about the most popular scuba-diving destinations worldwide. They boast spectacular underwater walls, caverns and reefs. Despite as being a British Overseas Territory, many of the tourists are Americans. It can be only around 90 minutes flying time from Florida. With its short flying time as well as English because the official language, in addition to a low crime rate, it can be obvious why a large number of Americans possess a Cayman Islands holiday every year.
After getting blown off course while sailing between Panama and Hispaniola (the region shared by Haiti and the Dominican Republic) in 1503 Christopher Columbus accidentally discovered the smaller two of the three island that now constitute the Cayman Islands. Since there had been a high concentration of turtles on these islands, Columbus called them ‘Las Tortugas’, which happens to be Spanish for turtle. These islands are actually 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 (related to crocodiles). The Islands became element of 15dexrpky British Empire in 1670 under 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 decide to remain like a British Colony.
The previous sea based industries for example fishing and working about merchant ships have already been replaced by finance and tourism as being the major providers for your Cayman economy, with many locals and expats employed in one or the other.