Found just to the south of Cuba and also to the north west of Jamaica, the cayman islands vacation rental rank because the 5th largest offshore banking centre in the World. Ever since the 1960s these islands have grown to just about the most popular scuba-diving destinations worldwide. They boast spectacular underwater walls, caverns and reefs. Despite as a British Overseas Territory, most of the tourists are Americans. It can be only around 90 minutes flying time from Florida. Using its short flying time as well as English since the official language, in addition to a low crime rate, it can be obvious why 1000s of Americans have a Cayman Islands holiday each 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 the smaller a pair of three of the island that now constitute the Cayman Islands. Because there had been a high concentration of turtles on these islands, Columbus called them ‘Las Tortugas’, which can be Spanish for turtle. These islands are 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 (related to crocodiles). The Islands became element of 15dexrpky British Empire in 1670 under the Treaty of Madrid. The Cayman Islands where then governed as being a Jamaican dependency until 1962 when Jamaica became a completely independent country. The Cayman Islands chose to remain as a British Colony.
The existing sea based industries including fishing and working about merchant ships happen to be replaced by finance and tourism as the major providers for the Cayman economy, with many locals and expats employed in one or perhaps the other.