Found just south of Cuba as well as to the north west of Jamaica, the grand cayman vacation rentals rank as the 5th largest offshore banking centre on earth. Because 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 being a British Overseas Territory, a lot of the tourists are Americans. It is only around 90 minutes flying time from Florida. With its short flying some time and English because the official language, in addition to a low crime rate, it is actually no wonder that thousands of Americans have a Cayman Islands holiday each and every year.
After getting blown off course while sailing between Panama and Hispaniola (the island shared by Haiti as well as the Dominican Republic) in 1503 Christopher Columbus accidentally discovered smaller two of the three island that now make up the Cayman Islands. Since there had been a high concentration of turtles on these islands, Columbus called them ‘Las Tortugas’, which can be Spanish for turtle. Both of these islands have become 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 (related to crocodiles). The Islands became part of 15dexrpky British Empire in 1670 underneath the Treaty of Madrid. The Cayman Islands where then governed like a Jamaican dependency until 1962 when Jamaica became an independent country. The Cayman Islands decided to remain being a British Colony.
The existing sea based industries including fishing and working about merchant ships are already replaced by finance and tourism since the major providers for your Cayman economy, with many locals and expats employed in one or even the other.