Hotel tax rebate voided; Dart to get freehold of SafeHaven property
Blog Posts
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
Cayman a low-key hot spot for celebs
As published in the Cayman Compass: 12 JANUARY, 2015 Pop star Taylor Swift caused a minor stir last week when she was spotted enjoying a break in the Cayman Islands. But while some Caribbean islands attempt to parlay celebrity vacations into tabloid column inches as
New Dart deal: Cayman’s next ‘Golden Age’
As published in the Cayman Compass: 6 FEBRUARY 2015 "Over the past year we have been working with Dart Realty to negotiate and finalize the third amendment to the controversial NRA agreement. … My government listened to our tourism industry, our investors and to our
Ironwood developer applauded in North Side
North Side residents in favour of Ironwood development.
March Market Update
Grand Cayman buzzing during tourist high season. Property sales along Seven Mile Beach strong. Notable infrastructure development, Health City – Shetty Hospital, Ironwood development in East End.
New airline launching in Cayman Islands
A new Cayman Islands-based airline is planning to run scheduled flights connecting to the Caribbean and Latin America. BlueSky Airlines has already launched an executive jet service aimed at high-end clients in the business world. The service, which allows executives to take day trips on