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to all the best shopping deals<br />
Gifts, Souvenirs & Sundries<br />
If you have already visited a grocery store or restaurant,<br />
you may have noticed that prices in the Cayman Islands are<br />
somewhat higher than back home. The variance is largely<br />
attributed to shipping costs and import duties associated<br />
with most goods. The exchange rate is also a factor, with US<br />
dollars valued 20% lower than Cayman dollars. However, there<br />
are tremendous bargains available to the informed shopper.<br />
Duty rates vary dramatically according to their commodity<br />
classifi cation, ranging from zero to 80%. Locally produced<br />
products are not subject to duty however the ingredients<br />
used to make them may be. By taking advantage of tax and<br />
duty free opportunities, combined with the many discounts<br />
in Activity Guide, you can realize signifi cant savings on your<br />
purchases. The best bargains are local arts & crafts, locally<br />
made jewelry, Tortuga rum & rum cakes, art, cameras, and<br />
other true duty-free items. Some “duty free” shops can be<br />
misleading. Always compare prices for any establishments<br />
not listed in Activity Guide—a phone call is a lot less expensive<br />
than a pricey jewelry purchase that may end up costing<br />
less in your home town or purchased over the internet.<br />
Shopping for that perfect gift is facilitated by a wide variety<br />
of stores to choose from. Some of the best prices and most<br />
unique gifts can be found in the gift shops at many of our<br />
recommended restaurants and Cayman’s historical attractions<br />
such as Pedro’s Castle, Turtle Farm and Botanical Park.<br />
Shopping Fast Facts<br />
� Each US citizen (including children) can bring<br />
back up to $800 of goods duty free. The amounts are<br />
collective, so a family of three would have a $2,400<br />
duty allowance.<br />
�BONUS: Local products such as arts, crafts and<br />
Tortuga Rum Cakes are entirely duty $$$ free and you<br />
can bring back unlimited quantities, in addition to<br />
your duty allowance.