The Cayman Islands located in the western Caribbean Sea. The territory comprises the islands of Grand Cayman, Cayman Brac, and Little Cayman, located south of Cuba and northwest of Jamaica. It is considered a part of the geographic Western Caribbean Zone.
The territory is a major offshore financial center in the Caribbean. The biggest sectors are "banking, hedge fund formation and investment, structured finance and securitization, captive insurance, and general corporate activities."
One of
Grand Cayman's (GCM) main attractions is
Seven Mile Beach, on which a number of the
island's hotels and resorts are located. Historical sites in GCM, such
as Pedro St. James Castle in BoddenTown, also attract visitors. Tourists
also visit the Sister Islands, Little Cayman
and Cayman Brac.
All three islands offer scuba diving, and the Caymans are home to several snorkeling locations, where tourists can swim with stingrays (including Stingray City, Grand Cayman (Photo Right). There are two shipwrecks off the shores of Cayman Brac, including the MV Keith Tibbetts
Why are cruise ships lined up. well there are 279 banks (as of June 2008), nineteen (19) of which are licensed to conduct banking activities with domestic (Cayman-based) and international clients, the remaining 260 are licensed to operate on an international basis with only limited domestic activity. And oh yeah...you can have a LOT of fun here.
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