Bermuda, the Cayman Islands and the British Virgin Islands (BVI) are among the most prominent offshore jurisdictions. All three enjoy a strong global reputation, with modern, business friendly corporate laws and effective judicial systems that follow the common law tradition and enjoy a final right of appeal to the Judicial Committee of the Privy Council in the United Kingdom. All three are also on the “white list” of the Financial Action Task Force (FATF).
Source: Companies Re-domiciling to (and from) Bermuda, Cayman and BVI