Found just south of Cuba and also to the north west of Jamaica, the cayman islands condos rank as the 5th largest offshore banking centre on the planet. Since the 1960s these islands have started to one of the most popular scuba-diving destinations worldwide. They boast spectacular underwater walls, caverns and reefs. Despite becoming a British Overseas Territory, most of the tourists are Americans. It really is only around 90 minutes flying time from Florida. With its short flying some time and English since the official language, in addition to a low crime rate, it is actually no wonder that 1000s of Americans possess a Cayman Islands holiday every year.
Once you have blown off course while sailing between Panama and Hispaniola (the area shared by Haiti as well as the Dominican Republic) in 1503 Christopher Columbus accidentally discovered the smaller two of the three island that now constitute the Cayman Islands. Because there had been a high power of turtles on these islands, Columbus called them ‘Las Tortugas’, which can be Spanish for turtle. Both of these islands are actually generally known 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 (relevant to crocodiles). The Islands became a 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 a completely independent country. The Cayman Islands decide to remain being a British Colony.
The previous sea based industries such as fishing and working about merchant ships happen to be replaced by finance and tourism because the major providers to the Cayman economy, with most locals and expats employed in one or the other.