Central banks and currencies of the Caribbean ; Cayman Islands · Cayman Islands dollar · KYD · Cayman Islands Monetary Authority, 1, 00 KYD = 1, 20 USD ; Cuba. What your US Dollar is Worth in the Caribbean. Cayman islands is a british overseas territory, considered one of the biggest offshore financial haven in the world for international businesses and many wealthy individuals. Be it picturesque landscapes, a warm and tropical climate, or a thriving economy, St Lucia has it all and is among the top 20 richest Caribbean countries by GDP per capita.
I’ve seen tasteful developments and standalone homes that do an amazing job of conveying the impression that you’re on a remote island paradise which you actually are and a world away from the hustle, bustle, and noise of San Pedro. The main islands of Saint Croix, Saint John, Saint Thomas, and other small islands make up the US Virgin Islands in the Caribbean. The island makes the Caribbean countries’ richest list by attracting over one million visitors every year due to its natural beauty and excellent infrastructure. The Caribbean is a popular destination for tourism, and countries such as the Bahamas, Barbados, and Trinidad and Tobago heavily rely on tourism as a primary economic driver.
Like the other countries in the Caribbean, Antigua and Barbuda has a thriving economy that is heavily dependent on tourism, which has elevated its ranking up the Caribbean nation’s rich list. Owing to all these factors, the US Virgin Islands (USVI) attracts around 2,5 million tourists per year and tourism accounts for the rise in the GDP of the territory and its reputation as a wealthy Caribbean nation by per capita GDP. In terms of GDP per capita, Bermuda has the highest GDP in the Caribbean and is the wealthiest Caribbean country and one of the richest island countries in the world by Purchasing Power Parity. If you are looking to obtain citizenship in St Kitts and Nevis, the St Kitts and Nevis Citizenship by Investment Program is the most successful Caribbean CBI program, making the St Kitts one of the wealthiest nations in the Caribbean.
Barbados is an Eastern Caribbean state close to South America and home to the headquarters of the Caribbean Development Bank. Renowned for being one of the largest offshore financial paradises, the Cayman Islands attracts massive amounts of foreign investment. The British Virgin Islands (BVI), or “Virgin Islands , are a British Overseas Territory in the Caribbean, to the east of Puerto Rico. Situated between the Atlantic Ocean and the Caribbean Sea, Antigua and Barbuda, the former British Overseas Territory has a population of 96,000 people.
The official name of the territory is still simply the “Virgin Islands , but the prefix “British is often used.
