Monday, January 07, 2008

Georgetown, Grand Cayman

Less than ten years ago Grand Cayman was a sleeping British Colony, its only trademarks were its peaceful way of life and its magnificent beaches. Another distinction for the island was its freedom from taxation; this was granted by King George III as a reward to the people for the rescue of everyone in the famous “Wrecking of Ten Ships,” which took place off the east coast of Grand Cayman in 1788. This tax-exempt status has attracted over 450 banks to the island with a population of only 18,500. Don’t be surprised if you can only distinguish a few banks because the majority are not “full service” but are dedicated to “off-shore banking.” The capital, George Town, stands at the west end of the island, and it’s easily seen on foot. This is where you will find the main concentration of restaurants and shops. The island is listed among the top four diving locations in the world, however please remember to “take only pictures and leave the bubbles.” If you prefer to stay on top of the water, then the aptly named Seven Mile Beach is the place to visit. It is undoubtedly one of the finest beaches in the world with crystal clear water. Or enjoy a few hours in “Hell” – a tiny island village; if you mail your postcards from there, they’ll bear the postmark “Hell.”

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