Bovell REMAX Cayman Islands

Insights & Expertise

April 28, 2015

Frustration on roads as traffic congestion increases

More than 2,000 additional vehicles were on Caymans roads in 2014, fueling rising traffic congestion in and around George Town. According to the Department of Vehicle and Drivers Licensing, 35,885 vehicles were licensed in 2014, compared to 33,649 in 2013.

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April 10, 2015

Rich are target of immigration changes

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.

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February 23, 2015

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.

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February 17, 2015

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

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February 6, 2015

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.

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February 6, 2015

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

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