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Posted on: July 04, 2008
While the group of islands located just south of Cuba has been prone to serious tropical storms and hurricanes, the destructive 2005-hurricane season, Ivan in particular, almost swept the Cayman Islands off of the map. The Caymans' notoriety as one of the world's leading offshore financial centres has helped bring the economy back to life.
Since 2005, the Cayman Islands have been experiencing a reconstruction and building real estate boom similar to Grand Bahama Island. This region has become home to a large international base of white-collar investors and professional experts dealing with clientele from around the globe.
