The Cayman Islands are very safe for both tourists and residents. Grand Cayman is a safe destination for families to vacation too.
What are the downsides of the Cayman Islands?
Cons: Very expensive, too built up (in some areas)which can lead to crowds & traffic(but easy to avoid), flat & not very picturesque (unless you're on the beach), crappy exchange rate. agree with all the previous poster's pros... beautiful, crystal clear water, easy to deal with...
Is Grand Cayman island a good place to live?
Moving to the Cayman Islands is, for many, a lifelong ambition fulfilled. It's an opportunity to live on a Caribbean island with fabulous beaches, balmy year-round weather, a high standard of living, a low crime rate and a community of international residents who extend a "Caymankind" welcome.
Is Grand Cayman rich or poor?
At the risk of stating the obvious, the absence of an income tax has helped make the Cayman Islands very prosperous, 14th-richest in the world according to the latest data from the World Bank on per-capita economic output (top ten in the world if you exclude oil-rich jurisdictions).
Is it safe to walk around Grand Cayman?
Safety is a top consideration for many people planning a trip to an island destination. Many travelers new to Grand Cayman are curious about Cayman Islands safety. The answer is resoundingly positive. You can feel safe exploring Grand Cayman by foot or by car.
Why is Cayman Islands high risk?
The Cayman Islands remains a high-risk jurisdiction for money laundering. The Cayman Islands has an established anti-money laundering/combating the financing of terrorism/counter-proliferation financing (AML/CFT/CFP) regime. The government is committed to strengthening its AML/CFT/CFP framework.
Is Cayman Island EU high risk?
EU AML list. As a technical result of being placed on the grey list, the Cayman Islands was added to the European Union's (EU) list of high risk third countries for AML/CFT purposes (the EU AML list) on 13 March 2022.
Is Grand Cayman safer than Jamaica?
If you want to travel around the island in safety the choice is easily the Cayman Islands. In Jamaica, you have to stay at your resort. The great thing about Grand Cayman is that you and your family can sit anywhere on Seven Mile Beach and not be bothered by a vendor, beggar or hair braider.
Is it worth moving to Cayman Islands?
TAX-FREE LIVING
Apart from the beaches, the tax-free life is what makes the Cayman Islands famous all over the world. All residents can enjoy the freedom of not being taxed for their income or consumption, which means you get to keep, save or invest in yourself up to 40% more of your income.
Apart from the beaches, the tax-free life is what makes the Cayman Islands famous all over the world. All residents can enjoy the freedom of not being taxed for their income or consumption, which means you get to keep, save or invest in yourself up to 40% more of your income.
What is a good salary to live in Cayman Islands?
Cayman Islands Salary. $63,000 is the 25th percentile. Salaries below this are outliers. $100,000 is the 75th percentile.
Is crime bad in Grand Cayman?
Violent crime in the Cayman Islands is very low compared to other Caribbean islands. Virgin Islands (U.S.) It is important to note that all of the homicides in the Cayman Islands are committed between locals, and not towards tourists.
Is Cayman island a third world country?
With a GDP per capita of $91,392, the Cayman Islands has the highest standard of living in the Caribbean, and one of the highest in the world. Immigrants from over 130 countries and territories reside in the Cayman Islands.
Why is Cayman island so expensive?
Like many other Caribbean islands, one of the factors that significantly add to the cost of living in the Cayman Islands is duty. For example, luxury vehicles in Cayman have an import duty as high at 42%, plus the cost of shipping. Take this into consideration when pricing out a used car for import.
When not to go to Grand Cayman?
September to November is still the rainy season. October is the wettest month in Grand Cayman, with an average of 8.62 inches (219 mm). The weather begins to change in November as the storm season comes to a close, with lower rainfall and less humidity.
Is Grand Cayman safe for solo female travellers?
the Cayman Islands are generally safe for female travelers. The islands have a low crime rate and the locals are friendly and welcoming. Women should take the same precautions as they would in any other tourist destination, such as avoiding walking alone at night and keeping valuables out of sight.
When not to go to the Cayman Islands?
The rainy season spans from May through October – though showers usually only last for a few hours at a time. The islands' location in the western part of the Caribbean shields them from being hit too hard by the annual Atlantic hurricane season, which lasts from June to November.
Is there poverty in the Cayman Islands?
The Cayman Islands enjoy a relatively high standard of living, with one of the highest GDP per capita in the region and low poverty levels.
Can Cayman get a tsunami?
Although tsunamis triggered by earthquakes can occur in Cayman, the probability is believed to be very low: Cayman's underwater landscape, with steep drop-offs close to shore and very little continental shelf, may well reduce the risk of dangerous tsunamis.
Is drinking water safe in Cayman Islands?
The tap water across all three Cayman Islands is clean, wholesome and very much safe to drink! All of the tap water we get on-Island is desalinated seawater produced using reverse osmosis. The process begins with the extraction of raw feed water from wells drilled deep into the limestone bedrock beneath Cayman.
Is Cayman on the GREY list?
7 November 2023 - On 27 October 2023, the Cayman Islands was removed from the Financial Action Task Force (FATF)'s 'grey list'.
Is Cayman Islands safe to work?
The Cayman Islands have a very low crime rate and are considered to be among the safest in the Caribbean. The Caribbean paradise is an incredibly safe place for families and individuals alike.
What is the crime rate in the Cayman Islands?
It is rare to be the victim of a serious crime, but pickpocketing and having items stolen is possible. In 2010, the homicide rate in the Cayman Islands was 15.88 per 100,000 people. It decreased to 8.22 per 100,000 people in 2014. The homicide rate further decreased to 7.99 per 100,000 people in 2022.
What is the safest Caribbean town?
Top 4 safest Caribbean islands to visit in 2023
- St. Barts. Saint-Barthélemy, or St.
- Anguilla. The U.S. Department of State named Anguilla one of the safest islands in the Caribbean.
- The Cayman Islands. The Cayman Islands implement some of the strictest gun laws of any Caribbean territory or nation.
- Martinique.
What is the safest island in the Caribbean crime?
Montserrat. This island has the lowest crime rates in the entire Caribbean. In Montserrat most visits are trouble-free. Why this island isn't on the top of this list of safest Caribbean islands?
Is it safe to take a taxi in Grand Cayman?
All taxis at the airport are safe and fully licensed. If you are staying in a hotel, then the concierge team at your hotel will be able to call taxis for you.
Why would someone move to the Cayman Islands?
The clear water and great climate mean that you can enjoy plentiful opportunities for sea-based activities such as snorkelling and sailing. The islands are also home to a diverse range of wildlife including the endangered blue iguana. As a British Overseas Territory, English is the mostly commonly spoken language.
Why do people live in Grand Cayman?
The biggest reason, perhaps, for expats to move to the Cayman Islands is the beautiful beaches they have. You can rarely find any other Caribbean island that looks so clear and beautiful from afar. It's very common among children to go for boating, snorkeling, kite surfing, and other activities across these beaches.
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