±A - Join Our Community

JOIN OUR FRIENDLY COMMUNITY
Learn from the experiences of other expats and make new friends in our disccussion forums and Facebook groups

±A - Cigna

±A - Read Our Guide

READ OUR GUIDE TO MOVING ABROAD
The Expat Focus Guide to Moving Abroad contains everything you need to know when planning an international relocation available now, completely free

±A - Compare Quotes and Save

COMPARE QUOTES AND SAVE MONEY
Insurance, FX and international movers

±A - Listen to the Podcast

LISTEN TO THE EXPAT FOCUS PODCAST
The Expat Focus podcast features interviews with expats living abroad and service providers meeting their needs subscribe today!

±A - Expert Financial

EXPERT FINANCIAL ADVICE & SERVICES
From our tax, investment and FX partners

±A - ExpatFocus Partners

Expat Focus Partners

Become a Partner. Click Here.

Recent political developments

Discussion forum for expats moving to or living in the Cayman Islands.

Reply to topicReply to topic
Forum FAQSearchView unanswered posts
 
  
Recent political developments

Post Posted: Wed Nov 14, 2012 8:26 am

I have just posted to my blog a brief summary of what I call "Cayman's political impasse", outlining our current crisis and what could (but probably won't) be done to resolve it.

If Cayman negotiates political independence from Britain, the world will lose one useful and competent Offshore financial centre. And, incidentally, a comfortable place to work for many expatriates. Our local politicians have made such a hash of managing the flood of money that comes in each year that we as a community find ourselves as insolvent as any place of our size (50,000 people) in the world. My personal conclusion is that we need two years of direct rule from London, starting a.s.a.p.

barlowscayman.blogspot...d-its.html

Comments welcome!

 

GordonBarlow
Regular Poster
Regular Poster
 
 
  
Re: Recent political developments

Post Posted: Wed Dec 12, 2012 6:41 am

Breaking news: our Premier was arrested this morning on charges relating to corruption. "Heavy manners!" - as we say in these parts. Our Police Force is controlled by the British FCO (Foreign & Commonwealth Office, responsible for all remaining colonies), which has delayed the action for an unconscionably long time because it was already involved in a similar situation in the Turks & Caicos Islands.

How this latest development will affect our Offshore tax-haven is yet unknown. In the short run, it won't help, but it is the best thing that could happen in the long run. Britain's next step will be to suspend the local Constitution and impose direct rule from London, with decrees issued by or through our British Governor.

My next ExpatFocus Column will tackle the topic, and there are several recent posts on my personal blog about the general background.

 

GordonBarlow
Regular Poster
Regular Poster
 
 
Page 1 of 1






Expat Health Insurance Partners


Bupa Global

Bupa Global is one of the world’s largest international health insurers. We offer direct access to over 1.3m medical providers worldwide, and we settle directly with most so you don’t have to pay up front for your treatment. We provide access to leading specialists without the need to see your family doctor first and ensure that you have the same level of cover wherever you might be, home or away.

Cigna Global

Cigna has worked in international health insurance for more than 30 years. Today, Cigna has over 71 million customer relationships around the world. Looking after them is an international workforce of 31,000 people, plus a network of over 1 million hospitals, physicians, clinics and health and wellness specialists worldwide, meaning you have easy access to treatment.