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Last Created: Jul 29, 2010
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Home > Blog > Economy

… the more they stay the same. So goes the old saying.
 
Recently the Cayman Islands Government released a quasi-legislative set of “Directions” providing guidance in the application of the Immigration Law in relation to financial services.
 
First to clarify the standing of this document in relation to the law. The
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Ever since the new permit fee schedule was made public on the Immigration website late on Thursday, we at CML have been beavering away crunching the numbers so you don’t have to.
 
There will be more to say on this in the days ahead, but for the purposes of this post I wanted to concentrate on a statistical analysis of the raw data; the cold, hard facts of the changes. 
 

Let’s face it, anyone who works in the offshore environment has a high content of capitalist blood cells running through their veins, it’s one of the main reasons we decided to swap our lives in our dreary home countries and move to paradise to earn tax free salaries. Or, if you are lucky enough, you get to be native to this incredible lifestyle!  

Barack Obama

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