The Cayman Islands consists of a group of three Island in the Caribbean. The main Island Grand Cayman is situated approximately 450 miles south of Florida. The three Islands have a total area of 102 square miles with Grand Cayman having an area of 75 square miles.

The Cayman Island has a tropical Climate providing mild dry winters with temperatures between 65 F and 75f and warm summers with temperatures between 75 F and 85 F. Rainfall is light between the months of November to April which is the winter season.
The economy of the island is strong enjoying full employment with most of the revenue being derived from the financial services sector and tourism.

Communiatons

There are excellent telephone, fax and telex facilities with direct dialing to and from the rest of the world. The Islands are served by Cayman Airways, Pan Am, Northwest Airlines and American Airlines. Miami is one hour away by air and the Island also has direct air links with New York, Atlantic, Tampa, Houston and Jamaica. The Islands are a popular cruise - ship stop.

Population

The population of the three Islands is approximately 26,000 the majority of which reside on Grand Cayman.

Language

The Official and spoken Language is English.

Political Structure 

The Cayman Island are a British Colony and therefore the United Kingdom Parliament at Westminister retains the right to legislate. The Islands have a Government who is a appointed by the Queen who heads the Cayman Islands Government and is responsible for the civil service, defense, law and order and external affairs. There is a Legislative Assembly consisting of 12 elected members plus the Financial Secretary, the Attorney General and the Administrative Secretary which may make laws with the consent of the Crown. 
An Executive Council consisting of three official members appointed by the Governor and four members elected by the Legislative Assembly Formulates policy and advises the Government.

Legal System

The Cayman Islands have their own courts of Law with the rights of appeal to the Cayman Court of Appeal and the Ultimately to the Privy Council in England. The Cayman Island Law is Based on English Common Law.

Taxation

The Cayman Islands are a pure tax haven with no direct taxation being levied on residents or corporations. There are no capital gains, inheritance or gift taxes although there is stamp duty on real property of 7 . 5 per cent on transfer and 1 per cent on mortgages.