Found just to the south of Cuba as well as to the north west of Jamaica, the grand cayman condo rentals rank as the 5th largest offshore banking centre in the World. Ever since the 1960s these islands have grown to probably the most popular scuba-diving destinations worldwide. They boast spectacular underwater walls, caverns and reefs. Despite as a British Overseas Territory, many of the tourists are Americans. It is only around 90 minutes flying time from Florida. Featuring its short flying time as well as English since the official language, along with a low crime rate, it is actually no wonder that 1000s of Americans use a Cayman Islands holiday each and every year.
Once you have 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 smaller a pair of the three island that now constitute the Cayman Islands. Since there was really a high power of turtles on these islands, Columbus called them ‘Las Tortugas’, which happens to be Spanish for turtle. Both of these islands are 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 (linked to crocodiles). The Islands became a part of 15dexrpky British Empire in 1670 under 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 chose to remain like a British Colony.
The old sea based industries for example fishing and working about merchant ships have already been replaced by finance and tourism as being the major providers for the Cayman economy, with most locals and expats working in one or even the other.