Cayman Islands: Country and Foreign Investment
The Cayman Islands comprise three islands situated in the Western Caribbean, 150 miles south of Cuba. The islands, Grand Cayman, Cayman Brac and Little Cayman cover an area of 100 sq miles together. They consist of limestone outcroppings which are the tips of a submarine mountain range called the Cayman Ridge and extend off Cuba's southeast coast to the Misteriosa Bank near Belize. There are no rivers due to the porous limestone rock, although this accounts for the transparency of the surrounding Carribean Sea, often to over 120ft.
Grand Cayman is the largest of the three islands and measures 22 miles in length and 8 miles at its widest point. The islands are surrounded by coral reefs which create ideal conditions for divers and anglers. Cayman Brac is the most scenic island with a large bluff rising west to east along the island and rising to 140 feet at the eastern tip, ending in a sheer cliff. The island is only 12 miles long and slightly over a mile wide.
The climate is warm and humid although cooled by trade winds. Temperatures reach between 80-90F during the day in summer and 72-86F in winter. The average rainfall is 46 inches with May and October being the wettest months.
There are international airports on Grand Cayman and Cayman Brac, with in the region of nine major airlines serving US and European cities. A direct flight from Miami to Cayman (daily) takes just over one hour.