Cayman Islands

Coordinates: 19°30′N 80°30′W / 19.500°N 80.500°W / 19.500; -80.500

The Cayman Islands (/ˈkeɪmən/ or /keɪˈmæn/) are a British Overseas Territory in the western Caribbean Sea. The territory comprises the three islands of Grand Cayman, Cayman Brac and Little Cayman, located south of Cuba and northwest of Jamaica. The Cayman Islands are considered to be part of the geographic Western Caribbean Zone as well as the Greater Antilles. The territory is often considered a major world offshore financial haven for many wealthy individuals.

History

The Cayman Islands remained largely uninhabited until the 17th century. While there is no archaeological evidence for an indigenous people on the islands, a variety of settlers from various backgrounds made their home on the islands, including pirates, refugees from the Spanish Inquisition, shipwrecked sailors, and deserters from Oliver Cromwell's army in Jamaica.

The first recorded permanent inhabitant of the Cayman Islands, Isaac Bodden, was born on Grand Cayman around 1661. He was the grandson of the original settler named Bodden who was probably one of Oliver Cromwell's soldiers at the taking of Jamaica in 1655.

This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/Cayman_Islands

Latest News for: Real cayman islands

Edit

Elizabeth Warren’s proposed tax on enormous fortunes, explained

Vox 24 Jan 2019

Rich people of course own real estate, but they tend to mostly own shares of stock and other financial assets that largely evade taxation ... Real estate taxes work because you can’t really move your house to the Cayman Islands. But you certainly can move your stock portfolio to a shell company registered in the Cayman Islands ....

Edit

Rich Chinese rushing to shelter assets overseas

Independent online (SA) 23 Dec 2018

Wu Yajun, a developer with an estimated net worth of about $7.5 billion, held almost half of her real estate empire, Cayman Islands-registered Longfor Group Holdings, through a family trust. Other wealthy trust holders are Zhang Shiping, who uses one in the Cayman Islands to hold ......

Edit

As FIFA bribes flowed, one official’s cash was put in Ga. real estate

Atlanta Journal 21 Dec 2018

A native of the Cayman Islands who has lived in the Atlanta area off and on for the last eight years, Webb is now awaiting sentencing after pleading guilty to soliciting and accepting nearly $7 million in bribes ... Within weeks of Webb buying his home, his business associate from the Caymans, Watson, bought the mansion next door....

Edit

The finance curse: how the outsized power of the City of London makes Britain poorer

The Guardian 05 Oct 2018

But on top of those 180 real firms, KKR has at least 4,000 corporate entities, including more than 800 in the Cayman Islands, links in snaking chains of entities with peculiar names drawn from finance’s arcane lingo, like (in Trainline’s case) Trainline Junior Mezz Limited or Victoria Investments Intermediate Holdco Limited....

Edit

Review of report that ‘cleared’ najib

Malaysia Today 02 Oct 2018

Finance Minister Lim Guan Eng had said all 94.7ha of the land, had been surreptitiously sold to Cayman Islands-based Silk Road Southeast Asia Real Estate Ltd for 4.25 billion yuan (RM2.7 billion) on Aug 24 last year, had netted a profit of RM1.32 billion based on the original RM1.38 billion purchase price ... Question ... Answer ... Q ... A ... Q ... A ... Q ... A ... Q ... A ... Q ... A ... Q ... A ... ....

Edit

JD.Com: Positioned For Success

Seeking Alpha 21 Aug 2018

On August 16th, JD.com (JD) reported Q2 earnings ... These allow the company to compete with the much larger competition ... Risks ... Finally, the complex ownership of the company and how you own American depositary receipts of a Cayman Islands holding company (that receives all profits from the real company, based in China) is not a big risk, in my opinion ... ....

Edit

The big chill on the Cayman Islands

Irish Independent 13 Aug 2018

0 Comments The big chill on the Cayman Islands ... People are hilarious all the same, aren't they? As soon as I made it known I was off to the Cayman Islands, the jokes came flying thick and fast ... https.//www.independent.ie/life/travel/the-big-chill-on-the-cayman-islands-37204074.html ... This is a real occasion on the island....

Edit

China denies WSJ’s report that they laundered money

Malaysia Today 01 Aug 2018

... that a portion of the US$2 billion loan had been channelled into a series of shell companies before ending up in Silk Road Southeast Asia Real Estate Ltd, a China company based in the Cayman Islands....

Edit

Malaysian officials are investigating whether disgraced former prime minister Najib Razak inappropriately used Chinese cash to repay state debts

Business Insider 01 Aug 2018

Hundreds of millions of dollars were also reportedly found in Najib's personal bank account ... Officials told The Journal they suspect that some of the $2 billion meant for the China Petroleum likely went to a shell company in the Cayman Islands called Silk Road Southeast Asia Real Estate Ltd., believed to be linked to a close associate of Najib ... More....

Edit

Inaugural Blockchain Visionnaire Summit Gives Voice to Berlin’s Crypto Scene

BTC Manager 25 Jul 2018

Second, blockchain technology and cryptocurrencies are facing real hurdles in the way of regulation, but strangely this is also turning out to be a massive opportunity for places like Singapore, Malta, the Cayman Islands, and all these self-proclaimed “Crypto Valleys.”....

Edit

Bulldog vs. Goldendoodle: This SC competition isn’t just about elephants and donkeys

The Rock Hill Herald 20 Jul 2018

Their love of dogs — whether McMaster’s Mac or Smith’s Cayman and Laffey — does not ... dogs Laffey, left, and Cayman ... Cayman and Laffey ... A year ago, the Smith family had practiced scuba diving in a nearby pool enough times that they were ready for the real deal in the Cayman Islands....

Edit

China Has Fallen: Tencent Is A Conviction Buy

Seeking Alpha 16 Jul 2018

Shareholders in TCEHY don’t actually own the underlying equity in Tencent, but instead equity in a shell company in the Cayman Islands which is a variable interest entity (‘VIE’). This VIE owns contracts with the “real” Tencent stating that they get ownership of their profits....

Edit

Alibaba Shareholders Should Sell And Buy Altaba

Seeking Alpha 09 Jul 2018

BABA is a stock representing shares in a shell company in the Cayman Islands which has contracts that connect them with the “real” Alibaba shares ... would CEO Ma and Alibaba really want to buy AABA? The real question though is ... This tender offer was only meant to get the “low hanging fruit” before the real strategy discussed above....