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ARTICLE · 01 JULY 1999

Cayman Islands Country Factfile

Cayman IslandsWealth Management

GENERAL

Status:

UK Overseas Territory, with a substantial measure of self-government.
Location: Western Caribbean, 200 miles north-west of Jamaica. The Cayman Islands are a group of three islands – Grand Cayman, Cayman Brac and Little Cayman. The Cayman Islands are situated only 480 miles south of Miami (US).
Area: 264km2
Capital: George Town (Grand Cayman)
Population: 36,600 (estimate 1997)
Business language: English
Currency: Cayman Islands Dollar (CI$)
Time zone: GMT -5, EST, as for Miami and New York. There is no switch to daylight savings time in the summer months.
Business hours: Mon-Fri 9am to 5pm. Banking Hours are Mon-Thurs 9am to 4pm, Fri 9am to 4.30pm.
Climate: Tropical.

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