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UKOTA exists to promote the interests of the United Kingdom Overseas Territories and co-operation between them. Specifically UKOTA demonstrates the collective and
individual partnerships between the territories and Her Majesty’s Government.
The following inhabited Overseas Territories are Full Members of UKOTA:
(Note: When clicking on the Overseas Territories below some of the links will direct you away from the UKOTA website and others will direct you to different pages but within the UKOTA website)
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The Following inhabited Overseas Territory is an Associate Member of UKOTA:
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 Turks & Caicos Islands
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 The Cayman Islands are located 470 miles southwest of Miami, 150 miles south of Cuba and 170 northwest of Jamaica. They comprise Grand Cayman, Cayman Brac and Little Cayman with a total population of approximately 55,000. Grand Cayman is the
largest and most populated of the three and the capital, George Town, is home to the main business centre.
The Islands were first discovered
by Christopher Columbus in 1503 but they did not come under British control until 1655 as a dependency of Jamaica. When Jamaica gained independence in 1962 the Cayman Islands chose to retain its direct links with the Crown and became a separate
British Crown Colony. It is now an Overseas Territory.
The present constitution provides for a system of government comprising the Governor, HE Duncan Taylor CBE, appointed in January 2009, a Cabinet and a Legislative Assembly. The government is led by the Premier, Hon McKeeva Bush OBE JP, who is also Minister of Finance, Tourism & Development.
The three major pillars of Cayman’s economy are financial services, real estate and development, and tourism. Not only is Cayman regarded as one of the Caribbean’s
premier tourist destinations but it is also recognised as a leading offshore international financial centre. There are an excess of 300 banks registered in the Cayman Islands and as well as being the second largest
captive insurance centre in the world Cayman is also considered a top destination for Mutual Funds.
The financial services industry is regulated by the Cayman Islands Monetary Authority and the official
recognition of the Cayman Islands Stock Exchange (CSX) on 4 March 2004 by the UK Inland Revenue marks a major step forward for the financial services sector in Cayman.
Regarding tourism, in an average year the
Cayman Islands will welcome over 300,000 leisure visitors by air and 1.8 million cruise ship passengers.
As well as being a centre for international business and boasting world-class tourist facilities, Cayman is
also home to a sophisticated infrastructure, with excellent legal, accounting, hospitality, medical and educational facilities.
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Cayman Islands
Introduction