Cayman Islands Wealth Management: Financial Prosperity for Expatriates
The Cayman Islands or “Cayman” consists of three islands; Grand Cayman, Little Cayman and Cayman Brac. They remained mostly uninhabited until the 17th century. The earliest settlors consisted of pirates, refugees, “lost at sea” sailors and migrants from other neighboring islands. In 1670, England gained control of the islands which remains a British Overseas Territory to this day.
China’s Investment In Cayman Islands Financial Services Sector Continues
The Cayman Islands has signalled its intention to invite greater Chinese investment opportunities following recent corporate events in Asia in which Cayman Finance CEO Jude Scott spoke about the potential for increasing collaboration.
While attending events in Shanghai, Beijing and Hong Kong, Scott, whose organisation is charged with protecting, promoting and developing the Cayman Islands' financial services industry "through cooperation and engagement with domestic and international political leaders, regulators, organisations and media", spoke of how The Cayman Islands could use their status in the wealth management industry to benefit Chinese investment.