Why Cayman For Private Clients?

Exhibiting a dynamic attitude to its own development, the Cayman Islands is undoubtedly a jurisdiction of choice for private clients, writes Carey Olsen partner Bernadette Carey.

A long history

Originally focused primarily on banking services, the Cayman Islands has rapidly grown into the wider private client proposition, offering trust business, accountancy, legal, and family office services. The jurisdiction's status as a British Overseas Territory, imposing no direct taxation on its residents, has also provided the Cayman Islands with the economic, legal and political stability to attract investors and develop its financial services industry.

Structuring options and service providers