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Rum Point

Residents of Rum Point, a small, jagged stretch of land that juts out from the North Side of Grand Cayman, believe that they’ve discovered the best place to live on the island. Once you spend some time in this fun, low-key neighborhood, you’ll understand why. Rumor has it that barrels of rum used to wash ashore onto the beach from shipwrecked boats—hence its name. Today, rum cocktails are still popular, as are mudslides, the creamy cocktail that was invented here at the Wreck Bar, in the 1970s. The beach has soft sands and warm shallow waters, as well as hammocks and beach umbrellas—perfect for naps. Rum Point is accessible by car or by boat, including the Cayman Ferries, and the beach often turns into boat party central on weekends. Villas and condos here are almost all located on the water, due to its peninsular location.

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Living in the Cayman Islands

Imagine a tropical paradise that is also an international financial center, and you’ll understand why so many are drawn to the Cayman Islands. Live here and you’ll find that going to your happy place is as simple as stepping outside—this is a place where the national philosophy is called Caymankind. Three islands make up this British Overseas Territory: Grand Cayman, Little Cayman, and Cayman Brac. Grand Cayman, the largest of the three, is home to most of the development, tourism, and population, while Little Cayman and Cayman Brac are both loved for their secluded beaches, spectacular diving, and unplugged lifestyles. The transformation of the island as a tourism and economic destination began in the 1960s, when legislation that established English common law and tax neutrality was introduced. Infrastructure expansion, including multiple airports, further improved the Cayman Islands’ quickly growing prosperity. Today, the Cayman Islands are a modern Caribbean gem.