One of the world’s largest financial centres. Grand Cayman and its sister islands Cayman Brac and Little Cayman have natural attractions: beaches, coral reefs and abundant marine life make them a popular haunt for the wealthier visitor.
With no direct taxation the islands are a thriving offshore financial centre.
A stock exchange was opened in 1997. Tourism is also a mainstay, accounting for about 70% of GDP and 75% of foreign currency earnings. The tourist industry is aimed at the luxury