Well-known American billionaire and Microsoft founding member Paul Allen has reached a tentative agreement with the Cayman Islands government wherein he will make a compensation payment for the damages done to a coral reef in the islands’ waters in an incident involving his mega yacht.
The DART group of companies has been given unique permission to remove rocks from the coveted waters off a Seven Mile Beach property.
From fiscal year 2009 to the present day the Cayman Islands Immigration Department collected nearly seventy million dollars in permanent residency fees.
Since the Cayman Islands government has recently announced its plans to buy a land parcel adjacent to the popular Smith Cove (thereby guaranteeing the public use of the venerated area indefinitely) the nation’s government is now facing increased public pressure to purchase another piece of oceanfront real estate to rescue it from private development.
In response to a rash of public backlash and outrage over a proposed condo development near Cayman’s beloved swimming area known as Smith Cove, the Cayman Islands government has agreed to purchasein principle the property to prevent any further development.
The Cayman Islands Central Planning Authority recently green-lit plans for nineteen new homes and a man-made beach bordering the marine park in George Town, Grand Cayman.
The Cayman Islands has gone ‘pro pot”! Well not exactly, but recently the Cayman Islands Government has stated that they will be moving forward with the legalization of medical marijuana oil for seriously ill patients in the tiny island nation.
Several banks here in the Cayman Islands are beginning to offer loansto homeownersfor the installation ofsolar-power generating systems.
Expat residents in the Cayman Islands who have lived here a minimum of eight years currently face a seemingly endless "back and forth' process with respect to required paperwork.
The European Union has decided recently to postpone a key decision on the issuing of passports that directly affects the Cayman Islands.
A country’s Gross Domestic Product (GDP, moving forward) is defined as the monetary value of all the finished goods and services produced within a country's borders in a specific period of time (usually defined yearly).
British overseas territories minister James Duddridge was an ardent supporter of the United Kingdom’s bid to leave the European Union earlier this year.
Several hundred excited people recently queued-up outside the Craft Bar and Restaurant on West Bay Rod in Grand Cayman to begin the interview process for unfilled jobs at the new and highly anticipated Kimpton Seafire Resort.