Bosses get access to ten year work permits

(CNS Business): Managing directors, vice presidents, chief executives, directors, managers, finance and insurances bosses can all now apply for ten year work permits following the publication in the government gazette of the regulations to accompany the recent amendments to the immigration law. Prior to the change in legislation employers had to reapply for permits for their top level employees after five years. The change is designed to give those in the financial sector in particular a level of certainty about their ability to remain in Cayman and it is hoped this will encourage more companies to set up shop here. The new regulations also set out a new list of business activity or jobs that do not require a work permit if the person is coming for ten days or less. Read more on CNS Business