Found just to the south of Cuba as well as the north west of Jamaica, the cayman island resorts rank because the 5th largest offshore banking centre on earth. Since the 1960s these islands have started to one of the more popular scuba-diving destinations worldwide. They boast spectacular underwater walls, caverns and reefs. Despite as being a British Overseas Territory, most of the tourists are Americans. It can be only around 90 minutes flying time from Florida. Using its short flying time as well as English since the official language, plus a low crime rate, it really is no wonder that a large number of Americans possess a Cayman Islands holiday each and every year.
After getting blown off course while sailing between Panama and Hispaniola (the region shared by Haiti as well as the Dominican Republic) in 1503 Christopher Columbus accidentally discovered the lesser a couple of three of the island that now constitute the Cayman Islands. As there was actually a high power of turtles on these islands, Columbus called them ‘Las Tortugas’, which is Spanish for turtle. Those two islands are actually referred to as Cayman Brac and Little Cayman.
The name didn’t last as when Sir Francis Drake sailed through, he renamed them after another animal, the now extinct caimans (associated with crocodiles). The Islands became element of 15dexrpky British Empire in 1670 under the Treaty of Madrid. The Cayman Islands where then governed as a Jamaican dependency until 1962 when Jamaica became a completely independent country. The Cayman Islands made a decision to remain as being a British Colony.
The existing sea based industries such as fishing and working about merchant ships have been replaced by finance and tourism as the major providers for your Cayman economy, with a lot of locals and expats working in one or the other.