Date: 2023-09-10 / Countries

Cayman Islands Detailed Information About

iso2 Code = KY
iso3 Code = CYM
Phone Code = +1-345
Capital = George Town
Currency Code = KYD
Currency = Cayman Islands dollar
Tld. Domain Extension = .ky
Region = Americas
Nationality = Caymanian

Information About the Cayman Islands

The Cayman Islands are a British Overseas Territory located in the Caribbean. It consists of three main islands: Greater Cayman, Lesser Cayman and Cayman Brac. Its capital and largest city is George Town. The Cayman Islands are famous for their white sandy beaches, clear turquoise sea and rich underwater life. Diving and snorkeling are popular tourist activities on the islands. The coral reefs around the islands are home to many marine creatures such as colorful fish, sea turtles and stingrays. The financial services sector forms the basis of the Cayman Islands' economy. The islands are a preferred location for many companies for offshore banking and investment funds due to their low tax rates and privacy policies. The Cayman Islands are also known for its luxury resorts, restaurants, shopping malls and nightlife. It attracts many tourists throughout the year. The indigenous culture of the Cayman Islands combines British colonization and Caribbean influences. Local music and dance festivals are held on the islands and Caribbean cuisine is served. The climate of the Cayman Islands is tropical, hot and humid throughout the year. While November to April is considered the dry season on the islands, May to October is the rainy season. The islands may be affected by hurricanes from time to time. The Cayman Islands are a region located in the Caribbean. This island group, which is part of the British Overseas Territory, consists of three main islands: Greater Cayman, Lesser Cayman and Cayman Brac. As of 2021, the estimated population of the Cayman Islands is around 70,000. The majority of this population lives on the Grand Cayman Island. The Cayman Islands are known as a tax haven with one of the highest standards of living in the world. High quality of life, growth of sectors such as tourism, financial services and maritime contributed to its development. The population of the Cayman Islands consists mostly of immigrants from North America, the Caribbean and the United Kingdom. In addition to local Caymanians, foreign workers also live on the islands. English is used as the official language in the Cayman Islands. The Cayman Islands are famous for their white sandy beaches, clear sea and underwater life. Thanks to these features, tourism plays an important role in the economy of the islands. Additionally, the financial services sector also has a large share in the islands' economy. The majority of the population believes in Christianity, and this belief influences the culture on the islands. The Cayman Islands are known as a destination that offers a safe and peaceful life.

Information About the Capital

George Town is the capital and largest city of the Cayman Islands. Located in the Caribbean Sea, this city is located on the southwestern coast of the island of Grand Cayman. George Town plays an important role as the economic, commercial and political center of the Cayman Islands. George Town offers many attractions and activities for tourists and visitors. The city's Seven Mile Beach is famous for its clear waters and white sand, and is a popular spot for activities such as water sports and snorkeling. Also, a tourist spot in the city called Hell is famous for its interesting limestone formations. George Town also attracts attention with its rich historical and cultural heritage. The Cayman Islands National Museum in the city is an ideal place to explore the island's history and culture. Additionally, Fort George in the city is open to visitors as a historical fort and is an interesting place for history buffs. The city is also famous for its shopping and dining opportunities. George Town is home to many luxury shops, boutiques and restaurants. Additionally, the city's famous Cayman Islands Trade Center is a must-have for shopping enthusiasts. It is a center of attraction. George Town also plays an important role as a financial centre. The Cayman Islands are famous for their low tax rates and strong financial services sector. Therefore, George Town serves as the headquarters of many international companies and banks. George Town is a major destination in the Cayman Islands with its tourist attractions, historical and cultural heritage, shopping opportunities and financial services industry.

Information About KYD

The Cayman Islands are a British Overseas Territory located in the Caribbean. The currency used is the Cayman Islands dollar (KYD). KYD is valued at a fixed exchange rate with the US dollar. The Cayman Islands dollar circulates in denominations of $1, $5, $10, $25, $50, and $100. Coins of 1, 5, 10 and 25 cents are also used. Since the value of KYD is linked to the US dollar, it generally moves in parallel with the value of the US dollar. In the Cayman Islands, American dollars are often also accepted in tourist areas, but the use of KYD is common in local shops and restaurants. The Cayman Islands are known worldwide as a financial centre, and the offshore banking and financial services sector is an important economic activity. Therefore, the Cayman Islands dollar is also widely used in financial transactions and investments.

Historical Places

The Cayman Islands is a region in the Caribbean and is very popular in terms of tourism. The history of the islands begins with Christopher Columbus' discovery of the islands in 1503. The Cayman Islands were used as a center for the extermination of indigenous people and the slave trade during the Spanish colonization. It was later captured by the British and became a British colony in 1670. is. One of the historical places of the islands is Pedro St. James Castle. This castle played an important role in the political and social life of the region in the 1780s. It also went down in history as the first place to declare the freedom of slaves in 1831. Another important historical site is the Hell Islands. These islands are a route used by sailors in the 1930s and got their name from the hot weather and troubles experienced here. There are also many museums in the Cayman Islands. The Cayman Islands National Museum is a museum that showcases the history and culture of the region. Additionally, the Cayman Maritime Museum and the Pirate's Cave Museum also focus on the islands' history and maritime past. The Cayman Islands are also known for their natural beauty. Seven Mile Beach is the most famous beach of the islands and offers a beautiful experience to visitors. Additionally, there are many spots for diving on the islands, which is a great opportunity for those who want to explore the underwater world. The Cayman Islands offer visitors a unique experience with their historical sites and natural beauties. It is an ideal destination to discover the rich history of the islands and relax on its beautiful beaches.

Food Culture

The Cayman Islands is an archipelago country in the Caribbean, and its local cuisine is shaped by the influence of Caribbean and British cultures. Cayman Islands cuisine is enriched with fresh seafood, tropical fruits and spices. One of the most famous dishes of the Cayman Islands is the sea snail dish known as "Conch". Conch is one of the emblematic seafood of the Cayman Islands and is often cooked in salads, soups or stir fry. You can also try different conch dishes such as conch fritters, conch chowder. In addition, seafood is very important in Cayman Islands cuisine. Fish, shrimp, squid and crab Various seafood such as � are served cooked in different ways. Dishes such as fish soup and shrimp and rice are very popular in the Cayman Islands. Spices play an important role in Cayman Islands cuisine, which is influenced by Caribbean cuisine. Various sauces and spicy dishes made with mixed spices are consumed. One of them is spicy chicken known as "Jerk Chicken". The chicken is marinated in a spice mixture and then grilled. Tropical fruits are also frequently used in Cayman Islands cuisine. Fruits such as mango, pineapple and papaya are used in salads, desserts and drinks. Especially the spicy and pickled mango salad called "Mango Chow" is a popular snack. British influence can also be seen in the Cayman Islands. British-style dishes such as fish and chips are also featured in Cayman Islands cuisine. As a result, Cayman Islands cuisine features a blend of fresh seafood, spices and tropical fruits. In addition to seafood, spicy chicken, mixed salads and English-style dishes also have an important place in the Cayman Islands cuisine.

Entertainment and Nightlife

The Cayman Islands is an archipelago country in the Caribbean. It is famous for its famous Seven Mile Beach beach and attracts tourists from all over the world. George Town, the capital of the islands, has many entertainment venues such as restaurants, bars, nightclubs and casinos. The Cayman Islands is famous for its many restaurants offering world-class dining and beverage options. It has a rich cuisine, especially in seafood. The islands also have restaurants influenced by many different culinary cultures. Besides food, there are also many bars and nightclubs on the islands. . Events such as live music, DJ performances and dance shows are organized in these venues. Nightlife is very lively in the Cayman Islands. Live music and entertainment events are organized in many hotels on Seven Mile Beach. There are many bars and nightclubs on Seven Mile Beach Road in George Town. Local and international music is played in these venues and you can have fun on the dance floors. There are also many casinos on the islands. You can play games such as blackjack, roulette and poker in these casinos and try your luck. Casinos are usually located inside hotels and are open until late at night. Nightlife in the Cayman Islands is generally shaped according to the preferences of tourists and local people. More intense entertainment is experienced on the islands on weekends and holiday periods. Additionally, special events such as events, festivals and concerts held on the islands also liven up the nightlife. As a result, the Cayman Islands is a very rich destination in terms of entertainment and nightlife. It offers an entertainment option to suit everyone's taste with its beaches, restaurants, bars, nightclubs and casinos.

Culture of Life

The Cayman Islands are an overseas territory of the United Kingdom located in the Caribbean. Therefore, the traditions and customs of the islands reflect a mixture of British and Caribbean culture. Here are some traditions and customs in the Cayman Islands:

1. Brass Night: Marriages in the Cayman Islands feature an event called "Rice Night", which is a celebration between the families of the bride and groom. In this event, the bride and groom are showered with rice and various games are played.

2. Cayman Medley: "Cayman Medley", one of the local dishes in the Cayman Islands, is a widely consumed dish on the island. this food It is prepared by combining fish, chicken, pork and seafood and is usually served at home or in local restaurants.

3. Caribbean Music: The Cayman Islands are under the influence of Caribbean music and are frequently listened to by local people. Music genres such as reggae, calypso and soca are widely played and danced on the islands.

4. North Sea Fishing Festival: Held annually in the Cayman Islands, the North Sea Fishing Festival is held to celebrate the importance of the local fishing industry and seafood. The festival includes many events such as fish competitions, cooking competitions and musical events.

5. Batabano Carnival: Held annually in the Cayman Islands, the Batabano Carnival is celebrated with colorful costumes, dance performances and musical events. Carnival is a big event where locals and visitors come together and have fun.

6. Sea Turtle Conservation: The Cayman Islands play an important role in sea turtle conservation. Sea turtle protection projects on the islands work to raise awareness among local people and tourists and to ensure the survival of sea turtles. These traditions and customs reflect the cultural diversity of the Cayman Islands and have become part of the identity of the local people. Visitors to the islands can further interact with the local culture by experiencing these traditions and customs.

Economic Information

The Cayman Islands are one of the British Overseas Territories located in the Caribbean. Its economy is based on the financial services sector and is considered one of the largest offshore financial centers in the world. The Cayman Islands are a popular destination for many international companies and investors due to their low tax rates, regulatory ease and financial privacy. attracts attention. The islands support many financial activities such as banking, insurance, investment funds, self-employment and legal services. The economy is also based on the tourism sector. The islands' beautiful beaches, clear waters and activities such as water sports have made them a popular holiday destination for tourists. Tourism provides an important source of income to the Cayman Islands. The agricultural sector constitutes a small part of the economy on the islands. Especially fruit, vegetable and seafood are grown. Additionally, the islands' natural resources include fishing, seafood processing and sand extraction. The Cayman Islands is notable for its stable economy, low unemployment rate and high standard of living. However, the economy of the islands is open to external influences. In particular, changes in the financial sector or global economic fluctuations may affect the Cayman Islands' economy. Additionally, the islands have limited natural resources, which can pose a challenge in terms of economic diversification.

Living Costs

🍱 Lunch Menu	$24.1
🥂 Dinner in a Restaurant, for 2	$75
🥪 Fast food meal, equiv. McDonald's	$14.3
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$7.14
☕ Cappuccino	$6.23
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$3.5
🏙️ 1 bedroom apartment in city Center, 40 m2 or 430 ft2	$2505
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$1856
🏙️ 3 bedroom apartment in city Center, 80 m2 or 860 ft2	$2540
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$2008
🔌 Utility Bill one person, electricity, heating, water, etc.	$118
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$179
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$133
🏦 Mortgage Interest Rate for 20 Years	7.06%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$8483
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$5142
🚌 Local transport ticket	$3.03
🎟️ Monthly ticket local transport	$29.7
🚕 Taxi Ride, 8 km or 5 mi	$20.1
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.84
🥛 Milk, 1 L or 1 qt	$3.69
🍞 Bread, 0.5 kg or 1.1 lb	$4.8
🍚 Rice, 1 kg or 2.2 lb	$6.46
🥚 Eggs, x12	$7.59
🧀 Cheese, 1 kg or 2.2 lb	$13
🐔 Chicken Breast, 1 kg or 2.2 lb	$11.8
🥩 Round Steak, 1 kg or 2.2 lb	$14.3
🍏 Apples, 1 kg or 2.2 lb	$9.56
🍌 Banana, 1 kg or 2.2 lb	$3.38
🍊 Oranges, 1 kg or 2.2 lb	$6.76
🍅 Tomato, 1 kg or 2.2 lb	$4.35
🥔 Potato, 1 kg or 2.2 lb	$2.61
🧅 Onion, 1 kg or 2.2 lb	$2.51
🌊 Water, 1 L or 1 qt	$1.8
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.57
🍾 Wine (mid-priced), 750 mL bottle	$24.2
🍺 Beer, 0.5 L or 16 fl oz	$4.12
🚬 Cigarette pack	$12
💊 Cold medicince, 1 week	$9.32
🧴 Hair Shampoo	$5.15
🧻 Toilet paper, 4 rolls	$3.8
� �� Toothpaste, 1 tube	$2.28
🏋️ Gym Membership, 1 month	$65.3
🎫 Cinema Ticket, 1 person	$16.4
👩‍⚕️ Doctor's visit	$104
💇 Haircut, simple	$22
👖 Brand Jeans	$86.2
👟 Brand Sneakers	$149
👶 Daycare or Preschool, 1 month	$1068
🏫 International Primary School, 1 year	$23575

Living Costs Source: livingcost.org