Offshore Locations
Below is an overview of three key offshore locations, highlighting their unique opportunities, lifestyle factors, and work considerations to help guide your decision-making.
Cayman Islands
Population: Approx. 85,000
Expat Population: ~50% of the population
Primary Work Sector: Funds, banking, insurance, audit, compliance
Cost of Living: High
Outdoor Lifestyle: Beaches, diving, fitness, boating
International Access: Many direct flights from USA, Canada & UK
Public Transportation: Limited buses, not reliable for commuting
Car needed? Yes
Income taxes: None
Climate: Tropical (~25–32°C year-round)
Bermuda
Population: Approx. 64,000
Expat Population: ~30-35% of the population
Primary Work Sector: Insurance, reinsurance, financial services
Cost of Living: High
Outdoor Lifestyle: Sailing, diving, golfing, walking
International Access: Strong transatlantic & North American links
Public Transportation: Very reliable bus service
Car needed? No
Income taxes: None, but small payroll tax
Climate: Subtropical (~18–30°C - seasonal)
British Virgin Islands
Population: Approx. 40,000
Expat Population: ~20-25% of the population
Primary Work Sector: Trust & corporate services, tourism, marine
Cost of Living: Moderate
Outdoor Lifestyle: Sailing, snorkelling, island hopping
International Access: No direct long-haul flights; regional connections
Public Transportation: Very limited
Car needed? Yes
Income taxes: None, but small payroll tax
Climate: Tropical (~25–32°C year-round)