Chapter 70, Cayman Islands

Located in the Caribbean Sea, 268 km northwest of Jamaica and 640 km south of Miami, the British Cayman Islands consists of three main islands.

Grand Cayman is the largest at 220 square kilometres, while the other two islands, Cayman Brac and Little Cayman, are located about 145 kilometres northeast of Grand Cayman and cover an area of 23 and 16 square kilometres respectively.

The territory is low-lying with an average altitude of 200 meters above sea level, mainly plains, surrounded by coral reefs. It has a tropical climate with an average annual temperature of 24-30°C and an annual precipitation of 1,200 mm.

GeorgeTown, the capital city, located on Grand Cayman, is a famous offshore financial center and a "tax haven", as well as a world-famous diving resort and tourist resort. Finance and tourism are the main sources of economy.

In the 15th century, Christopher Columbus discovered the Cayman Islands during his fourth expedition to the New World.

According to historical records, the English navigator Francis Drake arrived on the island in 1586 and named it the Cayman Islands.

In 1670, it became a British colony with Jamaica and came under the jurisdiction of the Governor of Jamaica.

The Cayman Islands is a dependency of Jamaica and has been self-governing since July 1959.

When Jamaica declared independence in 1962, the Cayman Islands reverted to direct British rule.

With the approval of a new constitution in 1972, the Cayman Islands enjoyed a greater degree of autonomy in domestic affairs.

At that time, the Cayman Islands had developed overseas banking and tourism, allowing it to forego aid from the United Kingdom.

The Cayman Islands were originally known to the Spaniards as Las Tortugas due to the many sea turtles in the surrounding waters; Later for this estate crocodile (Spanish for caiman), by 1530 had been named Cayman.

After the cession of Jamaica to Great Britain under the Madrid Treaty, the first permanent settlement was established on Grand Cayman.

Most of the settlers were British seafarers, privateer crews, shipwreck passengers, African slaves, and owners of government grants from Jamaica.

The remoteness of the Cayman Islands and the integration of the various nationalities following the emancipation of the slaves in 1835 had made the Cayman Islands a harmonious society in social life.

Now the British Cayman Islands is one of the four largest offshore financial centers in the world.

Lei Weidong's destination is George Town, the capital of the British Cayman Islands, located on Grand Cayman.

After three days of transiting in New York, Lei Weidong and his team finally arrived at this island country in the Atlantic, and it was already 14 September.

Although the weather has entered autumn, the weather in the British Virgin Islands is still very hot, and most of the residents wear shorts and short sleeves, and the weather is still summer, and men and women wearing swimsuits are everywhere on the streets.

When he first arrived in the Cayman Islands, Lei Weidong and his people were attracted by the scenery here, the unpolluted sky, the fresh air, and the jewel-like water, all of which made the few people who followed Lei Weidong shout that it was worth it for a few days on the plane.

For Lei Weidong, although he has been a human being in two lives, this is the first time he has come to an island city, breathing fresh air, and it is an indescribable joy for Lei Weidong, who lived in haze weather at every turn in his previous life.

I booked a few rooms in a famous local seaside hotel, three women lived in one, He Sanshui and Wu Fan lived in one room, Lei Weidong one room, and Chen Dazhuang one room. For this reason, the purple beauty complained that the boss was stingy and only knew that she enjoyed it.

Lei Weidong listened to the complaints of the purple beauty, of course, he had to explain, saying that he would definitely not agree to be stingy, and there must be an excuse.

And Barrister Chan is the excuse. Lei Weidong explained that Barrister Chen is a guest, and the guests must be entertained well and cannot be lazy, and it is necessary to have a room for himself, how can there be a room for the host and the guests.

As for yourself, if the guests are all one person, the host must also have one person, otherwise the guests will not be able to live steadily.

As for the three girls in a room, Lei Weidong explained that this is a foreign country, and everyone is not familiar with the place, especially girls, and it is not safe to live alone.

Of course, Lei Weidong was also a little cheap, and when he saw that the purple beauty was a little unhappy, he comforted that if the purple beauty felt that the three people were too crowded, they could live in their own room, and he didn't feel crowded.

As a result, as a cheap end, Lei Weidong was beaten out of his room by the purple beauty, and the room was occupied by the purple beauty, although Lei Weidong wanted to live in the same room, but under the threat of the purple beauty, he had to open an extra room.

The Cayman Islands is one of the four offshore financial centers, and it is very easy to open a company here, with no proof or any money.

As long as you have an office space, whether it is rented or bought, even if the company is an empty shell, there is no problem.

As a result, many companies are registered here, and there are no exchange controls on the island, so there are no restrictions on the circulation of any currency.

However, although Lei Weidong opened an offshore company, the company's production area and office area are not in the Cayman Islands. But for the long-term development of the company, Lei Weidong must have an office on the island, and also recruit a few employees to act as a liaison for the office.

After all, even Lei Weidong, an offshore company, decided to hold it for a long time, otherwise how to acquire those potential stocks if the company's name changes.

Of course, if everything is done well, it will take a certain amount of time.

Because it's the seventies, and since the first oil crisis, the world economy hasn't been doing very well.

There are not as many companies in the Cayman Islands as there were later, and naturally there are not many people living on the islands. There are not many people, and the price of land on the island is not very expensive.

Although Lei Weidong will not come to Cayman often in the future, he still decided not to rent a house on the island and buy a property directly on the island.

Because with the development of the economy, the Cayman Islands will definitely become more and more prosperous, if you don't buy a house and rent a house now, it will be very troublesome to extend the lease period at that time.

If you don't buy a house, you will definitely regret it after a few decades, housing prices have been rising, and you regret buying a house for a while, and regretting not buying a house for a lifetime is a wise saying in your previous life.

Moreover, Lei Weidong did not dare to guarantee that he would not continue to increase the number of offshore companies in the future, and he still had his own territory.

Because he doesn't come often, Lei Weidong doesn't have a big house, and after a day on the island, it is easy to take a fancy to a manor.

It has two three-storey small western-style buildings, plus a medium-sized garden with a swimming pool, and the price is not expensive only 40,000 US dollars, which is equivalent to less than 200,000 Hong Kong dollars.

Lei Weidong didn't make a counteroffer, so he bought it directly. Lei Weidong is very satisfied with this manor, not only can he be the address of the company, but Lei Weidong can bring his lover on vacation if necessary.

The company is easy to get, but the recruitment of personnel is much more troublesome, because it is too far away from Hong Kong, and it is not practical to send people directly.

After all, it is just an offshore company, that is, a shell company, the personnel requirements are not high, the work is cleaning, answering the phone casually and other things, it is too wasteful to send from Hong Kong, and it is not good for an employee to travel for a long time, and finally Lei Weidong decided to recruit locally.

There are no requirements for the recruits Lei Weidong, as long as someone is willing to do it, if he is unwilling, he can recruit someone who works part-time.

Although the requirements of employees are not high, it is necessary to find a legal counsel, which Liu Yueqin specially reminded Lei Weidong.

You must know that offshore companies must have a good lawyer to be legal counsel because they are involved in tax evasion, otherwise it is easy to get into trouble.

In the Cayman Islands, because there are many offshore companies, the number of lawyers is naturally quite large, and Lei Weidong is not clear about the quality of that law firm. I didn't want to ask, just let Chen Dazhuang get it done.