What is the source of income in cayman islands?

The Cayman Islands is a British Overseas Territory located in the western Caribbean Sea. It is a major offshore financial center and a tax haven, with more than 100,000 registered companies and trusts. The main sources of income in the Cayman Islands are:

* Financial services: The financial services industry is the largest employer in the Cayman Islands, accounting for over half of the island's GDP. Banks, law firms, accounting firms, and other financial institutions provide a wide range of services to international clients, including wealth management, investment banking, and private equity.

* Tourism: Tourism is the second-largest industry in the Cayman Islands, with over 2 million visitors in 2019. The islands are known for their beautiful beaches, clear waters, and scuba diving opportunities.

* Real estate: The real estate market in the Cayman Islands is strong, with high demand for luxury homes and condos. The real estate industry is a major contributor to the islands' GDP, and it is also a source of revenue for the government.

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