Found just south of Cuba as well as the north west of Jamaica, the grand cayman island resorts rank because the 5th largest offshore banking centre worldwide. Ever since the 1960s these islands have grown to probably the most popular scuba-diving destinations on earth. They boast spectacular underwater walls, caverns and reefs. Despite as being a British Overseas Territory, many of the tourists are Americans. It really is only around 90 minutes flying time from Florida. Using its short flying efforts and English since the official language, together with a low crime rate, it is actually obvious why a large number of Americans possess a Cayman Islands holiday every year.
Once you have blown off course while sailing between Panama and Hispaniola (this tropical isle shared by Haiti along with the Dominican Republic) in 1503 Christopher Columbus accidentally discovered the lesser a couple of three of the island that now constitute the Cayman Islands. Because there was really a high power of turtles on these islands, Columbus called them ‘Las Tortugas’, that is Spanish for turtle. Those two islands are actually called 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 (linked to crocodiles). The Islands became a part of 15dexrpky British Empire in 1670 beneath the Treaty of Madrid. The Cayman Islands where then governed as a Jamaican dependency until 1962 when Jamaica became an independent country. The Cayman Islands chose to remain like a British Colony.
The previous sea based industries including fishing and working about merchant ships happen to be replaced by finance and tourism as the major providers for your Cayman economy, with many locals and expats employed in one or the other.