The Cayman Islands is the jurisdiction of choice for top investors worldwide and there are very good reasons why.
To be successful in the highly competitive global financial industry requires political and economic stability, tax neutrality, a responsive legal system, reliable service providers, a sound regulatory regime, a stable banking environment and an absence of exchange controls. In addition to these factors, Cayman’s status as an overseas territory of the United Kingdom and its international co-operation regimes in the areas of tax information exchange, regulation and law enforcement provide the necessary level of confidence in Cayman’s sophisticated, hospitable and predictable financial environment. That confidence is built on Cayman’s status as a transparent, co-operative jurisdiction that already meets or exceeds the full range of globally accepted standards for transparency and cross-border co-operation with law enforcement and tax authorities, together with jurisdictional commitment to maintaining that status quo. Cayman became an early adopter of automatic data exchange, signing onto agreements such as the OECD’s Common Reporting Standard, US FATCA and country-by-country reporting principles under BEPS. The OECD’s Global Forum in 2022 named the Cayman Islands as one of 65 jurisdictions that achieved the highest rating of ‘on track’ in the first round of the Global Forum’s AEOI peer reviews. The Cayman Islands was appointed to the Global Forum’s Steering Group for the period of 1st January 2023 to 31st December 2025.
