Everything you need to know about Cayman Islands: news, reviews, in-depth analysis, opinion and more
Cayman Islands: Financial Hub and Tourist Hotspot
The Cayman Islands that comprise the Grand Cayman, Little Cayman and Cayman Brac are a popular tax haven with more number of registered companies than people, living on the islands. These islands were earlier part of Jamaica from whom they seceded in 1962 and are now part of British Overseas Territory. The Cayman Islands also are infamous for being the most hurricane-prone islands in the Caribbean Sea. But this has in no way diminished the popularity of the Cayman Islands as a popular vacation destination among the wealthy tourists who travel to Cayman Islands frequently.
Cayman Islands Facts and Stats:
Culture and Demographics of Cayman Islands:
The 52,000 inhabitants of the Cayman Islands represent a mind-boggling mix of over 100 nationalities! This is largely due the Cayman Islands distinction as the biggest financial hub in the Caribbean. Although most Caymanians are exclusively Christians there are also a large proportion of Presbyterian and Catholic population.
Economy and Financial Services Profile of Cayman Islands:
Having one of the lowest tax rates (it has no direct taxes) has made Cayman Islands a popular financial Services Centre, which is attested from the fact that more than 6,000 funds, nearly 100 banks and thousands of companies operate from out of these islands that even exceeds its population. These financial institutions include the likes of UBS and Goldman Sachs. All this has resulted in high affluency among the Caymanians with average income of around $42,000 and GDP that is 12th highest in the world. The islands although a part of the British Overseas territory even print their own currency.
Tourism, Vacations, Seven Mile Beach, Turtles, Travel in Cayman Islands:
Tourism is the mainstay of Cayman Islands and generates about 70-75% of its GDP, however out of the Grand Cayman, Brac Cayman and the Little Cayman, the Grand Cayman attracts more than 90% of the tourists. Most visitors travel to the Grand Cayman Island to soak in the sun and surf on the world famous Seven Mile Beach, which is also one of the world’s best beaches. Tourists can also indulge in Scuba Diving, swim with Sting Rays or visit the National Museum and National Art Gallery. Divers may particularly find two shipwrecks interesting off the shores of Cayman Brac that includes the MV Keith Tibbetts.
Tourists may also travel to the Grand Cayman Island to see the lovely Cayman Turtle Farm on the Boatswain’s Beach or go hiking through the forests. There is also an old lighthouse on Cayman Brac whereas Birdwatchers will find the Red-footed Booby very interesting on the Little Cayman Island.
The top Attractions in the Cayman Islands include:
London, May 1 (ANI): Jennifer Aniston is looking for pads in Richmond, a suburb outside of London, where ex husband Brad Pitt and his fiancee Angelina Jolie rented last year and plan to spend much of the next two years.
New Delhi, April 30 (IANS) India Monday took a major step towards strengthening of the security of its island territories, an issue that has acquired urgency in the wake of the 2008 Mumbai terror strikes, by commissioning a full-fledged naval base in the Lakshadweep Islands in the Arabian Sea.
New York, April 27 (IANS/WAM) The United Arab Emirates (UAE) has been elected to the executive board of the UN Entity for Gender Equality and the Empowerment of Women or UN Women for a three-year term.
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Panaji, April 27 (IANS) Goa's unique beach management and lifeguard services innovation has spurred other state governments in India to emulate the example, an official said here Friday.
New Delhi, Apr 25 (ANI): The Ministry of Home Affairs on Wednesday informed that no damage has occurred in the Andaman and Nicobar Islands which experienced moderate intensity tremors earlier today.
Melbourne, Apr 25 (ANI): Ben Southall, who was hired by Queensland Tourism for the "best job ever", has revealed that it was more than he anticipated.
New Delhi, April 25 (IANS) A moderate earthquake measuring 5.8 on the Richter scale jolted the Nicobar islands Wednesday afternoon, an India Meteorological Department (IMD) official here said.
Wellington, April 22 (ANI): Responding to the request of Colombian government, Spirit Airlines has issued an apology and pulled a "More Bang For Your Buck" ad spoofing the Secret Service prostitution scandal, according to NBC Miami.
London, Apr 19 (ANI): Brad Pitt, Angelina Jolie, and their brood are said to be enjoying a break in the exotic location of Galapagos Islands to celebrate the couple's engagement.
London, Apr 18(ANI): Ex-Faroe Islands goalkeeper Poul Dam had swapped shirts with heart victims Fabrice Muamba and tragic Piermario Morosini in the only two internationals he played in.
Beijing, Apr 18 (ANI): China has raised objections to Tokyo's sudden announcement of plans to buy parts of the Diaoyu Islands, and claimed the island has China's 'undisputable sovereignty'.
Bogota, April 15 (IANS) Venezuelan President Hugo Chavez, who is battling cancer, will not attend the Sixth Summit of the Americas as advised by his doctors, said the country's foreign minister Saturday.
Beirut, April 15 (IANS) Lebanon has criticised the Iranian President Mahmoud Ahmadinejad's visit to the disputed island of Abu Musa.
Port of Spain (Trinidad), April 13 (IANS/CMC) Windward Islands off-spinner Shane Shillingford has been called up for the second Test against Australia, starting here Sunday, on the heels of a disappointing performance by leg-spinner Devendra Bishoo in the Kensington Oval opener which West Indies lost by three wickets.
Bhubaneswar, Apr 11 (ANI): Odisha Chief Minister Naveen Patnaik chaired a high-level meeting here on Wednesday to ensure that systems are in place in case of any earthquake or tsunami warnings.
Port Blair, Apr 11 (ANI): With the Indonesian quake triggering tsunami fears across the Indian Ocean nations, including India, Chief Secretary of Andaman and Nicobar Islands, Shakti Sinha, on Wednesday said there is no need to panic.
New Delhi, Apr 11 (ANI): Union Home Secretary R.K. Singh on Wednesday said he has spoken to all the Chief Secretaries of the coastal states including Andaman and Nicobar Islands following the 8.5 magnitude earthquake, which struck the western coast of Indonesia.
New Delhi, April 11 (IANS) The National Disaster Management Authority (NDMA) here Wednesday appealed to people, particularly near coastal areas to not panic as there was no tsunami threat to India, after the massive earthquake in Indonesia.
New Delhi, April 11 (IANS) India Wednesday asked states along its east coast to be on high alert amid tsunami fears following a massive earthquake in Indonesia.
Jakarta, Apr 11 (ANI): A massive earthquake has hit the West Coast of Sumatra, at a magnitude of 8.7 on the Richter scale.
An earthquake of 8.9 magnitudes has hit Indonesia. After which Indonesia has issued a tsunami warning. Besides Indonesia, tremors were also felt in 28 countries.
London, Apr 9 (ANI): Pippa Middleton, who had taken to the snowy hills of Western Sweden just last month for a charity cross country ski event, did not need a second invitation to get back on the slopes when she joined her family in more relaxing circumstances on holiday.
Washington, April 6 (IANS) Indian and the US navies will conduct a joint training drill, "Exercise Malabar 2012", April 9-16 in the Bay of Bengal and west of the Andaman and Nicobar Islands.
Beijing, April 5 (IANS) China is going to open its Xisha Islands to tourists in a bid to reassert its sovereignty over a scattering of islands and reefs in the South China Sea.
New Delhi, Apr.3 (ANI): Hollywood director James Cameron of "Titanic" and "Avatar" after diving in the Mariana Trench or Marianas Trench, which is the deepest part of the world's oceans, and located in the western Pacific Ocean, supports views on the technical details related to the trench, oceanic life and the need to save environment as well as mother Earth, as conveyed in the book "Luv U Mate" by Indian author Dr Punit Sethi.
Buenos Aires (Argentina), Apr.3 (ANI): Argentinian leftists protesting near the British Embassy in Buenos Aires burnt an effigy of Britain's Prince William, who recently participated in naval exercises near the islands.
Beijing, March 27 (IANS) China may step up its exploration of the South China Sea to reinforce its territorial claims.
New Delhi, Mar.24 (ANI): Senior Bharatiya Janata Party (BJP) leader Balbir Punj condemned the abduction of an Orissa MLA by Maoists, and called on the federal government to wage a full-fledged war against the rebels.
London, March 23 (IANS) Two US men have pleaded guilty to indecent exposure in Dominica after they were arrested during a stop on a gay cruise of the Caribbean.
London, Mar 22 (ANI): Prince William had an emotional reunion with his wife Kate after flying back into the UK following his six weeks stint in the Falklands.
London, Mar 22 (ANI): Prince William had an emotional reunion with his wife Kate after flying back into the UK following his six weeks stint in the Falklands.
London, Mar 21 (ANI): Danielle Lloyd, who has had her implants removed recently, has said that although putting a bikini for the first time after surgery was really "upsetting" she doesn't want big breasts again.
London, Mar 14(ANI): Britain was on the verge of sharing the Falkland Islands with Argentina almost 40 years ago, with islanders having joint nationality, it has been claimed.
London, Mar 14(ANI): Britain was on the verge of sharing the Falkland Islands with Argentina almost 40 years ago, with islanders having joint nationality, it has been claimed.
Washington, Mar 11(ANI): US President Barack Obama is set to warmly welcome UK Prime Minister David Cameron and his wife Samantha on an official visit with a state dinner" at the White House this week after describing the UK as "closest partner in the world."
London, Mar 9 (ANI): The Queen, Prince Philip, and the Duchess of Cambridge were greeted by thousands of cheering royal fans in Leicester at the start of a nationwide tour for the Diamond Jubilee.
London, Mar 9 (ANI): The Queen, Prince Philip, and the Duchess of Cambridge were greeted by thousands of cheering royal fans in Leicester at the start of a nationwide tour for the Diamond Jubilee.
London, Mar 7 (ANI): Morrissey's band performed in front of 15,000 fans in Argentina wearing "We Hate William and Kate" T-shirts, courting further controversy over his stance on the Falkland Islands.
London, Mar 7 (ANI): Morrissey's band performed in front of 15,000 fans in Argentina wearing "We Hate William and Kate" T-shirts, courting further controversy over his stance on the Falkland Islands.
Melbourne, Mar 6 (ANI): Demi Moore has returned home to Los Angeles after her rehab treatment.
London, March 6 (ANI): Researchers have cautioned that up to 900 species of tropical land birds around the world could become extinct by 2100.
Scientists have warned that up to 900 species of tropical land birds around the world may become extinct by 2100.
London, March 6 (ANI): Researchers have cautioned that up to 900 species of tropical land birds around the world could become extinct by 2100.
Melbourne, Mar 6 (ANI): Demi Moore has returned home to Los Angeles after her rehab treatment.
Melbourne, Feb 20 (ANI): Girl Guides in New Zealand's town of Dragaville have decided to put it on the map as "Bra-gaville" with their record breaking effort of stringing nearly 170,000 bras together.
Port Blair, Feb 17 (ANI): The Union Rural Development Minister Jairam Ramesh, said last week, that elected representatives of panchayats should be treated as the "first tier of democracy" rather than the "third tier of development."
Port Blair, Feb 17 (ANI): The Union Rural Development Minister Jairam Ramesh, said last week, that elected representatives of panchayats should be treated as the "first tier of democracy" rather than the "third tier of development."
London, Feb 16 (ANI)): The Duchess of Cambridge reportedly sent a pair of boxer shorts to her husband Prince William, who is in the Falkland Islands serving as an RAF search and rescue helicopter pilot, as Valentine's Day gift.
London, Feb 15 (ANI): The Duchess of Cambridge has revealed that Prince William has sent her a card for Valentine's Day, even though he is currently in Falklands Islands.
London, Feb 12 (ANI): Prince William has hinted that he will extend his RAF service beyond next year, as he plans to put military service over royal duties.
Buenos Aires, Feb 11(ANI): Argentina has claimed that Britain is treating the Falkland Islands as the "last refuge of a declining empire," as it urged the United Nations to stop the "militarisation" of the area.
Washington, Feb 7 (ANI): Women born to mothers aged over 39 years and women who were taller and thinner than the average girl prior to puberty have a higher risk of developing breast cancer.
Washington, Feb 7 (ANI): Women born to mothers aged over 39 years and women who were taller and thinner than the average girl prior to puberty have a higher risk of developing breast cancer.
London, Feb 5 (ANI): The Duchess of Cambridge is being offered a series of "training sessions" by the Queen of England herself, to enable her to take on solo engagements that are coming her way.
London, Feb 5 (ANI): The Duchess of Cambridge is being offered a series of "training sessions" by the Queen of England herself, to enable her to take on solo engagements that are coming her way.
Port Blair, Feb 5(ANI): Two videos have revealed the role of Indian police personnel in the human safari scandal in the Andaman Islands.
Port Blair (Andaman), Feb 4 (ANI): The recent controversy over the Jarawas started with a video uploaded by a UK-based daily showing semi clad Jarawa tribal women allegedly being forced to entertain tourists. Accusations were made, government and police officials and activists visited the island, probe was ordered and finally two got arrested by Superintendent of Police. And we came safe out of it!
Port Blair (Andaman), Feb 4 (ANI): The recent controversy over the Jarawas started with a video uploaded by a UK-based daily showing semi clad Jarawa tribal women allegedly being forced to entertain tourists. Accusations were made, government and police officials and activists visited the island, probe was ordered and finally two got arrested by Superintendent of Police. And we came safe out of it!
London, Feb 3 (ANI): Prince William touched down in Falkland Islands for his six-week deployment, amidst rising tensions between Britain and Argentina over the disputed area.
London, Feb 3 (ANI): Prince William touched down in Falkland Islands for his six-week deployment, amidst rising tensions between Britain and Argentina over the disputed area.
London, Jan 30 (ANI): Prince William and Duchess Kate are said to have put off their plans of starting a family until next year so that they can focus on the Queen's Diamond Jubilee and the London Olympics.
London, Jan 30 (ANI): Prince William and Duchess Kate are said to have put off their plans of starting a family until next year so that they can focus on the Queen's Diamond Jubilee and the London Olympics.
London, Jan 29 (ANI): Britain will find it 'impossible' to win back the Falkland Islands if Argentina invades them again, one of the country's senior military figures has warned.
London, Jan 29 (ANI): Britain will find it 'impossible' to win back the Falkland Islands if Argentina invades them again, one of the country's senior military figures has warned.
Port Blair, Jan 29(ANI): Two men may face upto seven years in jail if convicted of organizing trips in the Andaman Islands to enable tourists to see Jarawa tribals.
London, Jan 26 (ANI): Researchers have now discovered how earth looked at various stages in its history - from the age of the dinosaurs to more recent times- and what would come into focus for alien astronomers.
Washington, Jan 23 (ANI): Human-induced carbon dioxide emissions for the past 100 to 200 years have already raised acidity of world's oceans far beyond the range of natural variations, a new study has revealed.
Washington, Jan 22 (ANI): Prince William will join his wife, the Duchess of Cambridge, in the Caribbean island of Mustique, where she is enjoying a vacation with her family.
London, Jan 21 (ANI): The Duchess of Cambridge has jetted off to the Caribbean holiday spot of Mustique for some quality time with her family, including sister Pippa.
New Delhi, Jan 20 (ANI): Union Home Minister P. Chidambaram will distribute the first tranche of Resident Identity (smart) card (RIC) at a function in Porthrapur village in Andaman and Nicobar Islands tomorrow.
Washington, Jan 20(ANI): Former Massachusetts Governor Mitt Romney's bid for the 2012 White House race suffered a setback as his Iowa caucus win was taken away after the final counting of votes, and Texas Governor Rick Perry decided to endorse Romney's arch rival Newt Gingrich after stepping down from the race.
Washington, Jan 20(ANI): Former Massachusetts Governor Mitt Romney's bid for the 2012 White House race suffered a setback as his Iowa caucus win was taken away after the final counting of votes, and Texas Governor Rick Perry decided to endorse Romney's arch rival Newt Gingrich after stepping down from the race.
New Delhi, Jan 20 (ANI): Union Home Minister P. Chidambaram will distribute the first tranche of Resident Identity (smart) card (RIC) at a function in Porthrapur village in Andaman and Nicobar Islands tomorrow.
Beijing, Jan.17 (ANI): China has reiterated its sovereignty over the Diaoyu Islands.
Melbourne, Jan 17 (ANI): A radar stationed at the Marshall Islands in US, may be the reason behind failed mission of Russian aircraft, which crashed into the Pacific Ocean on Sunday, according to an unidentified Russian space official.
Melbourne, Jan 17 (ANI): A radar stationed at the Marshall Islands in US, may be the reason behind failed mission of Russian aircraft, which crashed into the Pacific Ocean on Sunday, according to an unidentified Russian space official.
Beijing, Jan.17 (ANI): China has reiterated its sovereignty over the Diaoyu Islands.
