Just south of Jamaica, the
Cayman Islands
have truly grown up the past thirty years, driven by tourism and banking. The Cayman Islands rank as the world's fifth largest offshore financial centre. Bank secrecy laws make it illegal to reveal the identities of accounts owners - unless of course, shady dealings are suspected. Through the years, regulations have been severely tightened making it nearly impossible to launder cash here.
On the tourism side of development, the islands have been a
scuba-diving
paradise since the 1960s. The Cayman Islands, like all islands, are essentially the tips of underwater mountains, and the submerged terrain around these islands is especially dramatic. The spectacular underwater walls, caverns and healthy coral reefs have made these islands one of the world's best spots for diving and snorkelling. Add to that their virtually crime-free ambience (thanks to tight government controls and the high per-capita income enjoyed by most Caymanians) and it's easy to see why so many people choose the Cayman Islands for a Caribbean holiday.
SEVEN MILE BEACH / GRAND CAYMAN The Hyatt Regency Grand Cayman Beach Suites is located directly on Seven Mile Beach, only fifteen minutes from Owen Roberts Airport.
SET ON NORTH COAST OF ISLAND / GRAND CAYMAN This nine-condo complex is set on the north coast of Grand Cayman amid native palms, seagrape, and almond trees.
EAST END/GRAND CAYMAN ISLAND / GRAND CAYMAN The Royal Reef Resort is located on the east end of the Grand Cayman island on 1,450 feet of pristine Caribbean beach.