The Cayman Islands, and George Town in particular, is an important center for international banking. More than 700 banks, representing interests from scores of different countries, have branches here.
The off shore financial services industry pumps millions of dollars into the local economy and is one of the reasons the Cayman Islands enjoys a higher standard of living than most other islands of the Caribbean.
I have managed to avoid the headache that comes from being concerned about high finance by keeping my personal worth at little more than the minimum needed for day-to-day survival.
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