Caymans is just a better jurisdiction. A lot of their financial regulations make sense.
It requires complete nationalistic hubris to dismiss that.
Its not just a tax blocker. That’s just happenstance because some countries know how to balance their budget. I could think of two dozen other things that Caymans does better than large nations like the US or other financial haven microstates, for business incorporation, capital formation, audits and more.
The regulators in Caymans are very meticulous, many are educated in the US at top universities or had careers in the US.
It requires complete nationalistic hubris to dismiss that.
Its not just a tax blocker. That’s just happenstance because some countries know how to balance their budget. I could think of two dozen other things that Caymans does better than large nations like the US or other financial haven microstates, for business incorporation, capital formation, audits and more.
The regulators in Caymans are very meticulous, many are educated in the US at top universities or had careers in the US.