Economy / Cayman Islands
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Key Policy Concerns
July 2007 | Risk SummarySorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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The rapid pace of growth in the Cayman Islands - driven by the stellar performances of the tourism and financial services industries - has fuelled a strong demand for imported labour. The non-Caymanian population stood at just under 40% in 2006, compared to 23% in 1980. This dynamic has turned the spotlight on the government's immigration policy. On this front, the authorities' dilemma is essentially two-fold. On the one hand, there are implicit economic and social benefits derived from granting citizenship status to migrant workforce. However, the trade-off is the fees generated in the form of work permits. Indeed, almost