Cayman Islands Profile:
- The Cayman Islands is an autonomous British Overseas Territory in the western Caribbean Sea.
- The country is often considered a major world offshore financial haven for international businesses and many wealthy individuals.
- On 11 September 2004 the island of Grand Cayman, which lies largely unprotected at sea level, was hit by Hurricane Ivan, which damaged the infrastructure greatly.
- More than 93,000 companies were registered in the Cayman Islands as of 2008, including almost 300 banks, 800 insurers and 10,000 mutual funds.
- On 15 July 2012 one of the Cayman Islands’ former Premiers McKeeva Bush announced the intended introduction of a “community enhancement fee” in the form of a payroll tax to be paid solely by expatriate workers.
Cayman Islands Economy:
- Caymanians have the highest standard of living in the Caribbean, with an average income of around $56,400.
- Cayman Islands GDP per capita is the 14th highest in the world. Nearly 90% of the islands’ food and consumer goods must be imported.
- The government’s primary source of income is indirect taxation: there is no income tax, capital gains tax, or corporation tax.
- Tourism is also a mainstream of economy, accounting for about 70% of GDP and 75% of foreign currency earnings. The tourist industry is aimed at the luxury market and caters mainly to visitors from North America.
- The government has established a Needs Assessment Unit to relieve poverty in the islands.
Cayman Islands Facts:
- Population: 58,441
- Capital: George Town
- Largest city: George Town
- Area: 264 sq km
- Major language: English (official) 90.9%, Spanish 4%, Filipino 3.3%, other 1.7%
- Major religion: Protestant 67.8%, Roman Catholic 14.1%, Jehovah’s Witness 1.1%, other 7%
- Life expectancy: 78.6 years (Male), 84.1 years (Female)
- Monetary unit: 1 Cayman Islands Dollar(CI$, KYD) = 100 Cents
- Main exports: Turtle products, manufactured consumer goods
- GNI per Capita: $58,808.2
Our Market Research Services in Cayman Islands:
- Market Research Fieldwork in Cayman Islands
- Qualitative Research in Cayman Islands
- Quantitative Research in Cayman Islands
- Aerospace Market Research in Cayman Islands
- Automotive Market Research in Cayman Islands
- Life science Market Research in Cayman Islands
- Chemical Market Research in Cayman Islands
- Construction Market Research in Cayman Islands
- Consumer Goods Market Research in Cayman Islands
- Education Market Research in Cayman Islands
- Energy and Power Market Research in Cayman Islands
- Engineering Market Research in Cayman Islands
- Financial Market Research in Cayman Islands
- Food and Beverage Market Research in Cayman Islands
- Healthcare Market Research in Cayman Islands
- Hospital Market Research in Cayman Islands
- Hospitality Market Research in Cayman Islands
- Entertainment Market Research in Cayman Islands
- Medical Devices Market Research in Cayman Islands
- Metals and Mining Market Research in Cayman Islands
- Oil and Gas Market Research in Cayman Islands
- Pharmaceutical Market Research in Cayman Islands
- Retail Market Research in Cayman Islands
- Telecommunication Market Research in Cayman Islands
- Transportation Market Research in Cayman Islands
- Travel and Tourism Market Research in Cayman Islands
We Employ A Wide Range of Research Techniques in Cayman Islands:
- Advertising Research in Cayman Islands
- Brand Research in Cayman Islands
- B2B Research in Cayman Islands
- Concept Testing in Cayman Islands
- Consumer Research in Cayman Islands
- Customer Satisfaction Research in Cayman Islands
- Entertainment Research in Cayman Islands
- Ethnographic Research in Cayman Islands
- Eye Tracking and Facial Coding in Cayman Islands
- Focus Groups in Cayman Islands
- Sensory Research in Cayman Islands
- Healthcare Research in Cayman Islands
- Industrial Research in Cayman Islands
- Lifestyle Research in Cayman Islands
- Media Communication Research in Cayman Islands
- Mystery Shopping in Cayman Islands
- One-on-One Research in Cayman Islands
- Package Research in Cayman Islands
- Secondary Research in Cayman Islands
- Sensory Research in Cayman Islands
- Usability Testing in Cayman Islands
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