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Cayman Island

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  • Cayman Island

    Hi...my GF/Partner was thinking of getting a job there. Her high school friend (who works there for 2 years already) is helping her to get a job there. Anyone been there? How was it?

  • #2
    Originally posted by pascal
    Hi...my GF/Partner was thinking of getting a job there. Her high school friend (who works there for 2 years already) is helping her to get a job there. Anyone been there? How was it?
    I've been to Grand Cayman. In my opinion it's extremely expensive there. I can't imagine being able to live there...for more than a week, that is...

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    • #3
      Originally posted by pascal
      Hi...my GF/Partner was thinking of getting a job there. Her high school friend (who works there for 2 years already) is helping her to get a job there. Anyone been there? How was it?
      From what one of the local bartenders told me, they pay no taxes... Even on real estate they pay a one time fee up to 7.5%.

      Another resident that was on our plane going to the Cayman's said, they've passed recent laws that don't allow you stay on the island full time, but I can't remember the particulars.

      I would assume your girlfriend knows all this already.
      Bill

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      • #4
        Originally posted by urple2 View Post
        From what one of the local bartenders told me, they pay no taxes... Even on real estate they pay a one time fee up to 7.5%.

        Another resident that was on our plane going to the Cayman's said, they've passed recent laws that don't allow you stay on the island full time, but I can't remember the particulars.

        I would assume your girlfriend knows all this already.
        Other than the cost of food, shelter, electricity and gasoline, loved it!
        Bill

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        • #5
          Originally posted by urple2 View Post
          Another resident that was on our plane going to the Cayman's said, they've passed recent laws that don't allow you stay on the island full time, but I can't remember the particulars.
          I heard something like you have to have 2 million in liquid assets if you want to retire there, it could be more, my memory is fuzzy, but I remember knowing there was no way I was ever going to be able to do it....

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          • #6
            The preceding replies are remarkably under-informed. I won't attempt to explain Cayman's resident requirements or the current "rollback" program. You can find detailed info on the Cayman Government web site. Simply, it's their approach to immigration control. It's a small island that could easily become overpopulated. What is wonderful about Grand Cayman Island is:
            - world class scuba diving and snorkeling - mostly at your doorstep.
            - pollution and enviromental controls that ensure clear waters and clean beaches
            - excellent resturants, bar food, buffets, and fast food in all price ranges.
            - extremely low crime rates. No beach peddlers, muggers, pickpockets, scammers.
            - gasoline prices are on a par with those throughtout Europe
            - grocery stores are well stocked and prices on most items are on a par with US stores.
            - and best of all, nice, friendly people from many different parts of the world.
            I'll be going there every year until I can't.

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