Opinion: Bold policy action is needed to give Caymanians a future

Readers should note that editorials do not necessarily reflect the opinions or beliefs of Loop Cayman.


by Alric Lindsay

If low- and middle-income Caymanians are to have a chance of realizing their dream of having a stable future in the Cayman Islands or securing some of the benefits portrayed in the marketing advertisements, then I believe bold policy measures will have to be taken. taken quickly to protect their interests.

Such measures, in my view, would include giving Caymanians security for jobs and business in certain areas, for example, in water sports, land tour guide operations and real estate agency services. Additionally, policy makers are encouraged to consider re-establishing the Caymanian Welfare Council.

Nautical sports

With respect to the watersports industry, as Caymanian watersports operators are still recovering from the decline in business due to the pandemic, I believe any further wildlife interaction area licenses should be issued exclusively to Caymanians for the next five years. This is to ensure that Caymanians who have wildlife interaction area licenses have a fair chance to get back on their feet and recoup some of their COVID-19 related losses.

If this is not done, I am concerned that some large companies overseas will see struggling Caymanian water sports businesses as an opportunity to enter the local market and, perhaps, take some Caymanians out of the water sports sector.

Tourist guides

An activity related to water sports and other areas of tourism is the work of tourist guides.

Having had excellent first-hand experiences with a Caymanian-owned bike tour in the East End, I find it very helpful to have a Caymanian experience shared by a local who knows Caymans deeply and whose the heart is Cayman. Hearing the local accent on a two-hour tour is also an added bonus.

Seen in this light, it is elementary to understand why tour guide operations should be restricted to Caymanians. Also, I think it’s a “win-win” situation for the Caymanians as they will have job security (as long as there is tourism) and the image of the jurisdiction will be helped as it can state that it is promoting a unique product.

Real estate agents

Another area of ​​concern is the issuance of Local Business Control Licenses (LCCLs) by the government to individuals to operate as property developers and real estate agents without the requirement of ownership or ownership. Caymanian ownership in the business.

In my opinion, this not only threatens the business model of Caymanian property developers and real estate agents, but could also exclude them from lucrative opportunities.

In terms of a solution, I think a moratorium should be put in place immediately on the issuance of LCCLs to property developers and estate agents.

This will give Caymanian-owned small businesses in these areas a chance to grow and gain a bigger share of the real estate market rather than being substituted and replaced by real estate agents coming from overseas looking for LCCL specially issued to compete with Caymanian real estate professionals. .

Caymanian Protection Board

In addition to all the previous suggestions, some members of the public support the government’s reinstatement of the Caymanian Welfare Council.

It comes after some Caymanians have complained over the years of difficulty finding jobs, difficulties with job promotions and perceived pay gaps.

This has also been raised as a concern as it appears that given all the recent legal challenges against the Immigration Appeal Tribunals, there could be a massive permanent residency award on the horizon, and by followed, another massive conferment of Caymanian status.

If these massive subsidies happen soon and continue into the future, they could make Caymanians worry about whether they are simply being replaced by others in their own country.

A properly constituted Caymanian Protection Council would deal with all these immigration issues, hoping for a revamped structure where qualified Caymanians would actually be considered first and a fixed number of citizenships (perhaps, based on a “lottery” system ) would be considered for grant each year.

Additionally, such a board could determine that qualification for permanent residency should no longer be based on an accumulation of points under the points system, but on proof of actual integration into the Caymanian community, the contributions of a person to the country as a whole and, of course, any relevant consideration under the Cayman constitution.

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