Wealthy individuals who own property and want to live in the Cayman Islands or spend more time here without working will be the focus of the next round of legislative changes to the immigration law, the premier has said. The bulk of the changes impacting work permits will be dealt with via changes in the process and regulations, he explained, rather than in policy or legal amendments.
News
New airline aims to fly direct to airports throughout region
BlueSky schedule seeks to open up Central and South America
High-end property sales surge
Tourists buying high-end properties are driving a huge improvement in real estate sales, according to industry experts.
Record year for Caribbean tourism
A successful year for Cayman Islands tourism was reflected across the region with almost every island in the Caribbean seeing an increase in visitation in what officials describe as the best ever year for the industry.
State of the Nation: Dart, government reach agreement
Hotel tax rebate voided; Dart to get freehold of SafeHaven property
Panel examines impact of Cayman’s economic model
As published in the Cayman Compass: MONDAY FEBRUARY 9, 2015 Cayman’s economic model has not fully benefited Caymanians and could have yielded more improvements to the quality of life, panelists at the last week’s Fidelity Cayman Economic Outlook conference heard. Speaking at a panel discussion
Residency applications plummet
The Cayman Islands Immigration Department has received fewer applications for permanent residence over the last 14 months than it had been accustomed to receiving in every quarter between 2011 and 2012, prior to sweeping changes in the Immigration Law taking effect.
Record year for tourism
As published in the Cayman Compass: 23 JANUARY, 2015 The Cayman Islands saw a 10 percent increase in stay-over tourism during 2014, the best year on record for the industry. More than 380,000 tourists touched down at the Owen Roberts International Airport. Cruise tourism was
Work permits increase 8 percent
As published in the Cayman Compass: 23 JANUARY, 2015 For the first time in more than a year, the number of work permits currently held by non-Caymanians has surged above the 21,000 mark, according to data supplied by the Cayman Islands Immigration Department. The total