Cayman Islands

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Your vacations in the Cayman Islands

The Cayman Islands are a British overseas territory located in the western Caribbean Sea. The territory is comprised of the Grand Cayman, Cayman Brac, and Little Cayman islands, which are located south of Cuba and northwest of Jamaica. The territory is a major offshore financial centre in the Caribbean.

There is no direct taxation imposed on Caymanians, nor on Cayman Islands companies.

A 10% government tax is placed on all tourist accommodations in addition to the small fee each tourist pays upon arriving onto the island.

Soccer is the Cayman Islands’ national and most popular sport.

The Cayman Islands have the dubious honour of having experienced the most hurricane strikes in history. Due to the proximity of the islands, more hurricane and tropical systems have affected the Cayman Islands than any other region in the Atlantic basin. They’re brushed or hit every two years or so

Official language

English

Currency

Cayman Islands Dollar. It is the 9th highest valued currency unit in the world and the highest valued dollar unit.

Electricity

110/120 volts, 60 cycles the same as in Canada.

Shopping

You can find high end designer clothes in the shops and the prices are comparable to those found in Canada or the US, just minus the sales taxes – so, there aren’t any great bargains. However, best buys are on goods imported from Great Britain and Europe, such as china, crystal items, woolens and linens – particularly in the spring when the stores are clearing out their winter inventory. Also look for rum-based liqueurs and delicious locally grown honey.