Cayman Islands, located among the pristine blue waters of the Caribbean Sea, have long been a major hub of tourism and financial services sector in the mid-Atlantic region. With the US as its largest trading partner, Cayman Islands attract both holiday goers and financial companies in large numbers from North America. The Caymanians have the highest per capita income among all the Caribbean nations and enjoy one of the highest standards of living in the world.

Tourism in Cayman Islands accounts for 70-75 percent of the nations entire GDP. Even though the Islands are in fact a British overseas territory, its beaches and other marine attractions enthrall visitors from all over the world. The Seven Mile Beach at Grand Cayman is considered to be among the best beaches in the world. The Cayman Islands are also famous for their scuba diving locations and is also one of the most popular stops in the Caribbean cruises.

The financial services industry of the Cayman Islands attracts vast numbers of companies from all around the world with its absence of direct taxes and established confidentiality clauses. However in recent years, Cayman Islands authorities have signed agreements with other countries to take measures to stop activities of money laundering and tax evasion on its soil.

-Kalyani Mookherji