The Cayman Islands is a British overseas territory and is comprised of three islands – Cayman Brac, Little Cayman and Grand Cayman. According to Census 2010 reports, the country has a population of 54,397. In 2009, 19 per cent of the population was under 15 years of age, and five percent was over 65. About 49 per cent of the members of the workforce are non-Caymanians admitted under the work permit system, which controls the inflow of foreign skills and labour. The majority of work permit holders (about 75 per cent) come from Jamaica, the Philippines, the United Kingdom, Canada, and the United States of America.
The country has a thriving economy with the main industries being: financial services, tourism, and real estate sales and development. Service industries, such as construction, hotel and restaurant operations, retail trades, scuba diving and boat rentals are ancillary to the main industries.
A British territory, the country is governed by a Premier, Hon. Alden McLaughlin Jr, MBE, JP, MLA. Elected Premier in 2013, Premier McLaughlin also serves as Minister of Home Affairs, Health & Culture. He was awarded the MBE in the Queen’s Birthday Honours in 2010 for his contribution to constitutional development in The Cayman Islands.
Information adapted from the Cayman Islands Government’s website.