The Cayman Islands’ economy is based on financial services, tourism, and real estate, making it one of the wealthiest territories in the Caribbean. Government policies emphasize maintaining its status as a leading offshore financial hub, supported by robust legal frameworks. Regulatory compliance aligns with international standards but faces scrutiny over tax transparency. Society enjoys high living standards, though the cost of living is high. Education is well-developed, catering to the finance and tourism sectors. Climate risks, including hurricanes, threaten infrastructure and economic stability. Healthcare is advanced but expensive, with reliance on private providers.
