
The Cayman Islands were discovered by Columbus in 1503, later traded to England, and remain a British Crown Colony to this day. Cayman has a long history of parliamentary type government with legislators elected every four years and still subject to Great Britain in matters of foreign policy and defence. Cayman has the highest per capita income in the Caribbean. There is little unemployment and most businesses are Caymanian owned and operated. The language is English and the American dollar is readily accepted, although the local currency is the Cayman dollar which is pegged to the US dollar at 1.25. All classes of society are racially mixed including government and there are no artificial class or color distinctions. The friendliness of the Caymanians set the apart from other Caribbean people.
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