A: Cayman Islands lies on the geographical coordinates of 19° 30' 0" N, 80° 30' 0" W.

Latitude and Longitude of Cayman Islands in other units:

More detail about Cayman Islands

What Makes the Cayman Islands So Popular?

The Cayman Islands, a small series of islands south of Cuba, have become very notable in recent years. A big part of this comes from how many businesses all over the world have been establishing themselves as offshore companies in the Cayman Islands. This means that they are being incorporated in the Cayman Islands but will be operating outside of it.

A major part of what this is the case comes from the taxation system that is used in the country. The Cayman Islands do not feature any direct taxation plans. This means that companies are listing their business in the country without dealing with any substantial tax concerns. This is a vital point to the Cayman Islands economy. It is also a vital point as to why so many high end businesses are able to stay profitable around the country.

Of course, there are other reasons why the Cayman Islands are so popular. One point comes from its many beaches. The country is home to a number of islets and coastlines around the Caribbean Sea. This includes the Seven Mile Beach on Grand Cayman Island. This is the most prominent of the islands in the country.

However, the remote nature of the Cayman Islands has inhibited its growth. A majority of resources that are used in the country have to be exported to it. This is due to the substantial lack of space for finding resources and the remote nature of the islands.

There are also concerns about getting into the country. The Cayman Islands subjects its imports with many reviews and checks in mind. This is due to the past history of drug shipments coming through the country. This area has long been seen as a place where drugs could be shipped from North America to other continents and back.