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About the Cayman Islands

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Discovered in 1503 by Columbus, the Cayman Islands are a group of three Islands located in the Caribbean Sea, almost 500 miles southwest of Florida. The Islands which were once a dependency of Jamaica, they now fall under direct British rule and have done since 1962 when Jamaica declared independence. These days under the 2009 constitution there is a higher degree of self-governance however the British-appointed governor retains controls over the police force and external security.

Grand Cayman is the largest and liveliest Island with enough amazing restaurants, attractions, beaches and activities to keep everyone smiling. Cayman Brac or 'the Brac' as it's known locally is incredible for active visitors there are many activities to try including rock climbing, cave exploring and scuba diving. Lastly, sleepy Little Cayman is the least developed Island and with a population of just 170, it is truly unspoilt. The charm of Little Cayman is the laid back way of life, it's a wonderful place to simply relax.

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Cayman's tourism industry is thriving the gorgeous white sandy beaches, coral reefs and abundant marine life are the reason many visitors return year after year. The Cayman Islands are undeniably beautiful however they offer far more than just the tropical beaches and sparkling waters they are noted for. Although probably best-known for its tax-free status, in recent years Cayman has been focusing their booming offshore financial industry which is now one of the largest in the world. Their robust banking, investment and insurance industries have strengthened their economy, this is particularly felt in Grand Cayman.

Cayman has close to 57,000 residents, approximately half of these are expatriates and Grand Cayman in particular has a very cosmopolitan feel. Residents enjoy excellent restaurants offering delicious cuisine from around the world, high quality shopping and exceptional amenities. The Cayman lifestyle appeals to many business owners, entrepreneurs, young professionals and larger enterprises who relocate here to take advantage of the tropical climate, year-round sunshine and a less stressful way of life. Cayman has no restriction on foreign property ownership therefore many residents choose purchase a home and live here permanently. Others that opt to live here part-time may look to buy a vacation or second home close to the world-famous beaches. Cayman's strong rental returns for properties either in the short-term or long-term market are often a welcome incentive for many buyers.

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Caymanians enjoy the highest standard of living in the region, this together with the modern infrastructure and extremely low crime rates make these the most attractive Islands in the Caribbean to live.

If you are contemplating a move to the Cayman Islands or considering purchasing a property here please contact E J today.