Tax and Tipping
The Cayman Islands are deemed to be tax neutral, which means there are no direct taxes on the individual (such as income or property) or on the company (corporate). There is no value added tax (VAT) payable on goods and services as there is in the UK, nor is there any sales tax as there is in the US. However, stay over visitors are charged a Tourist Accommodation Charge and most imports are subject.
Currency
The islands have their own currency, the Cayman Islands dollar, but the US dollar is widely accepted in hotels, restaurants, bars and shops with CI$1.00 equalling US$1.25. The US dollar equals CI$.80. If you pay in US dollars, change is always given in local currency.
Banking & ATMs
ATMs are easily found all across the Cayman Islands, either in the foyers of banks or at our local supermarkets. ATMs can also be found at Camana Bay.
Medical Facilities
Cayman Islands residents benefit from excellent medical facilities that cater to a wide range of health issues. As well as a wide selection pf private doctors and dentists, we also have four main hospitals.
George Town Hospital
Tel (345) 949 8600 | www.hsa.ky
This is Cayman’s central hospital located in George Town, and is run by the Health Services Authority, a Statutory Authority of the Cayman Islands Government. The hospital has a walk-in clinic for patients as well as an Accident & Emergency department and a dentistry department. It also possesses a pharmacy, radiology unit, surgical facility, public health facility, laboratory and maternity unit, among many other services.
CTMH Doctors Hospital
Tel: (345) 945 6066 | www.doctorshospitalcayman.com
Also located in George Town, this is a privately-run hospital that has a wide range of services on offer, including family practice and primary care, laboratory services, radiology, urgent care, orthopedic care and specific men’s and women’s healthcare.
Health City Cayman Islands
Tel: (345) 640 4040 | www.healthcitycaymanislands.com
This private hospital is located in East End and offers a wide range of diagnostic, surgical and therapeutic services. Their physicians offer a strong selection of specialities, including cardiology, orthopedics, endocrinology, medical oncology, pediatrics and neurology.
Faith Hospital, Cayman Brac
Tel: (345) 948 2243 | www.hsa.ky/faith-hospital
This is a community hospital also run by the Government’s Health Services Authority, offering general medicine, emergency medical services and a pharmacy, among other services, on Cayman Brac.