Disadvantages of Working in Grand Cayman
Life isn't always a bed of roses and working in the Cayman Islands is no exception. As with all things there is generally a downside.
- Workers shouldn’t expect to live in the Cayman Islands forever. Most will have to leave one day and current immigration policy means that it will be no longer than 7 years from date of arrival (9 years for key employees). In most circumstances anybody wishing to stay longer will have to leave the islands for 1 year before returning and starting the whole recruitment process again.
- Spouses who wish to work must also obtain a work permit.
- When a work permit runs expires (their length can vary) the employer will have to go through the application process again. If a suitably qualified Caymanian wants the job they will get it. Although this sounds a daunting prospect, in practice it isn’t. Expats are only employed in the first place due to a shortage of Caymanian applicants.
- Guest workers can’t change employers as freely as they can in their home countries. Work permits are granted for a specific role with a specific employer. Changes to either must be approved by the Cayman Islands Government Department of Immigration. A letter of release from the employer is also required.
- The cost of living is expensive as most goods and food produce (turtles aside) are imported. On the other hand salaries are pretty good and direct taxes non-existent. Most things do cost more, but much of the best of what the Caymans have to offer is free. Lounging on the beach and swimming in the ocean doesn’t cost a penny. Most people, provided they don’t have any non-working dependents, will find they have more disposable income. Thousands of foreigners aren't there for charitable work.
- Guest workers have no vote.
- Expats will be away from family for long periods of time. Vacations are often spent visiting relatives rather than taking holidays.
- There are currently no minimum wage regulations.